We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · PL5 2RH
Listing removedListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this two-bedroom end-of-terrace home presents an exciting opportunity for buyers looking to create a home of their own.
Requiring a degree of updating the property offers plenty of scope for improvement and personalisation, making it an appealing property for those keen to unlock its full potential.
Located in the popular residential area of Ernesettle which is known for its community feel and within walking distance to the shopping parade, local pub and various walks along Ernesettle Creek.
Stepping inside, the entrance hallway leads through to a well-proportioned kitchen/diner, offering ample space for both cooking and dining and providing a natural hub for everyday life.
Alongside this sits a separate lounge, a generous reception room with views towards the garden.
The existing ground-floor layout provides a practical starting point while offering plenty of inspiration for anyone considering a more contemporary finish.
Upstairs, the landing gives access to two bedrooms and the shower room.
The principal bedroom is particularly generous, while the second bedroom is also a comfortable size and could work equally well as a guest room or child’s bedroom.
A useful built-in cupboard provides additional storage.
Outside, the home enjoys gardens to both the front and rear, predominantly laid to lawn and patio, providing pleasant spaces in which to sit, entertain or simply enjoy the outdoors.
Adding considerably to the appeal is the rarity of a single garage together with an off-road parking space – valuable features for an end-of-terrace property. With approximately 920 sq. Ft.
Of overall floor area including the garage, generous room proportions and plenty of potential, this is a home ready for its next chapter.
While modernisation is required throughout, that is very much part of its appeal: An opportunity to update, reimagine and create a property tailored to individual tastes, all with the added convenience of no onward chain.
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.
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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
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FAQ
About 30, Croydon Gardens, Plymouth
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