2-bedroom terraced house · PL7 4AH
For saleListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Two-Bedroom Character Cottage in Colebrook, Plympton Set on a private road overlooking a pleasant green, this well-presented two-bedroom character cottage offers a wonderful blend of charm and practicality in the sought-after Colebrook area of Plympton, close to local amenities and well-regarded schools.
You enter the property into a cosy lounge, which leads through to the kitchen.
The kitchen is fitted with modern wall and base units, an integral sink and drainer, and a dishwasher and electric cooker and hob.
There is space beneath the stairs for a fridge/freezer and additional storage. A staircase leads to the first floor, and a door from the kitchen provides access to the rear of the property.
Upstairs, there are two bedrooms and a bathroom. Bedroom one is a bright and airy room overlooking the green to the front of the property.
Bedroom Two offers space for a single bed and benefits from a fitted storage cupboard, making it ideal as a guest bedroom or home office, with views over the rear garden.
The bathroom has a quirky L-shaped layout and comprises a bath with mains shower over, a hand wash basin set within a chimney alcove, a low-level WC, and wall-mounted storage.
Externally, the property enjoys a lovely green space to the front.
To the rear, there are two useful storage cupboards—one for general storage and another with plumbing for a washing machine and space for a tumble dryer.
Steps lead up to a low-maintenance garden with space for a table and chairs, ideal for outdoor dining. Parking is available to the front of the property – please ask the agent for further information.
Rentable value £995 pcm. A charming home in a peaceful yet convenient location, ideal for first-time buyers, small families, or those looking to downsize.
Owner's Comments I bought Coles Cottages nearly 2 years ago as I wanted a home in Plympton, and this warm, cosy cottage was perfect.
It’s close to the primary school on Lucas Lane, Hele’s School, the Colebrook Inn, and the local shop, all within walking distance. The area is very quiet, with a lovely green at the front.
What I’ll miss most is the strong sense of community, where neighbours know and look out for each other. I’m only moving because I’d now like to buy a more modern home.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Coles Cottages, Plympton, Plymouth
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