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See how verdicts work3-bedroom terraced house · PL4 6PE
Sold STCListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Description: A fantastic opportunity to secure a fully refurbished three-bedroom home, ideally located in central Plymouth, just a short distance from Mutley Plain, the city centre, and the University.
Currently undergoing an extensive renovation, this property is being transformed into a stylish, modern home finished to an exceptional standard throughout.
The brand new kitchen is being fitted in June 26 and will include soft close push to open doors, a washing machine and dishwasher.
The ground floor has been redesigned to offer a stunning open-plan layout, combining the lounge, dining area, and kitchen into one bright and spacious living space.
A brand-new L-shaped kitchen will be installed, offering ample storage and worktop space, perfect for modern living and entertaining.
Upstairs, the property offers two generous double bedrooms, a further single bedroom, and a contemporary family bathroom.
The refurbishment will include: Brand-new fitted kitchen Open-plan ground floor layout New flooring and carpets throughout Full redecoration in neutral tones Removal of fireplaces for a clean, modern finish The property also benefits from a recently installed roof (within the last 18 months) with guarantee.
Externally, the home offers generous front and rear gardens along with a garage, providing valuable outdoor space and additional storage or parking.
Situated in a highly convenient location, the property is within easy reach of Plymouth city centre, the train station, University, and a wide range of local amenities, making it ideal for both homeowners and investors.
NB: Please note the vendor of this property is related to an employee of Red Homes Estate Agents Plymouth.
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
Agent & docs
FAQ
About Fully Renovated 3-Bed Home with Open-Plan Living & Buyer Choice – Central Plymouth
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