4-bedroom house · PL21 0UG
Listing removedReduced £10k (−3.1%) on 31 JulListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious, extended four-bedroom family home on Greenfield Drive, Ivybridge, offers approximately 1263 sq ft of versatile, well-proportioned living space, perfectly suited to growing households seeking comfort, convenience, and a family-friendly lifestyle in a popular residential area.
Thoughtfully extended initially in 1995 and with an upper storey added in 2001, this home has evolved beautifully to cater to the dynamics of modern family life.
Upon entering, a welcoming hallway leads to a comfortable reception room.
The heart of the home, the kitchen, was stylishly replaced in 2014 and is well-equipped with integrated appliances including a fridge/freezer, oven, hob, extractor, and dishwasher – perfect for busy family meals.
Adjacent to this, a practical utility room provides plumbing for a washing machine and tumble dryer, plus convenient internal access to the garage, making household chores a breeze.
A new boiler, installed in 2014, ensures efficient, warm living throughout. Upstairs, the property boasts four generous bedrooms, providing ample personal space for every family member.
With two well-appointed bathrooms, morning routines become significantly smoother, ensuring comfort and convenience for all.
Externally, the property offers superb practical features for families, including a single garage and a spacious driveway with room for three cars, providing ample off-road parking.
The low-maintenance garden is designed for enjoyment rather than endless upkeep, featuring reinforced decking — ideal for a hot tub — offering a fantastic space for outdoor play, family barbecues, and relaxation.
Located in the sought-after Paddocks area of Ivybridge, this 1980s-built home is ideally situated for families.
Its desirable location offers a level walk to the vibrant town centre, providing easy access to local amenities, community features, and Ivybridge Community College, Stowford, Manor and Erme Primary schools, making it a highly convenient and appealing choice for families.
The current owners have cherished this home since 1991, a testament to its enduring comfort and appeal as a family residence.
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 3, Greenfield Drive, Ivybridge
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