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See how verdicts work1-bedroom house · PL7 2AW
No longer listedListed 1565 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ** great investment opportunity ** A substantial retail / office unit located within the rear courtyard of the Ridgeway High Street, Plympton. Detached, two storey, freehold premises.
First floor two spacious rooms & WC. Perfect for a builder looking for a project. Chain free.
Council Tax band B description The Barn is a detached two storey dwelling ideally located within the rear courtyard of the Ridgeway High Street.
The premises has huge potential to convert to a private dwelling or an excellent investment opportunity.
The ground floor premises comprises of a spacious area which is approximately 53.9 sq m and the first floor is 52.7 sq m. The Barn is being offered chain free with vacant possession.
Plympton offers a wide range of amenities from shops and supermarkets to schooling for all ages. There are numerous restaurants and cafe's along with pubs including swimming pool and a leisure centre.
It's has excellent bus links into and out of the ocean city of Plymouth and is conveniently located just off of the south Devon A38 trunk road linking Plymouth to the cathedral city of Exeter.
Property Details Ground Floor is approximately 560 sq ft First Floor is approximately 566 sq ft Substantial sized plot over two floors.
Could be used as an office / storage / retail unit or converted to a private dwelling. On the first floor there is a WC and two spacious rooms.
There is also potential for a mezzanine level for storage above the one of the rooms. There is water and electric supply going to the building.
Access is from the main street in the Ridgeway, through a corridor, which is shared with the British Red Cross shop. Parking would be in the main car parks.
There is a gravel garden to the front of the premises.
First Floor Wc Low level WC, wash hand basin Garden Garden to the front of the building Agent's Note It is our understanding that the Property is not registered at the Land Registry which is the case with a significant proportion of land across England and Wales.
Your conveyancer will take the necessary steps and advise you accordingly. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
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FAQ
About The Barn, 57, Ridgeway, Plymouth
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