3-bedroom terraced house · PL9 8FB
Sold STCListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely three-bedroom home in Pegasus Place, Sherford, has had some really clever changes made by the current owner, making the space work even better for everyday family life.
It also comes with a south-facing garden, a garage with power, driveway parking and no onward chain.
One of the biggest changes has been opening up the kitchen into the hallway, which has made such a difference to the space and gives you much more room for a good-sized dining table.
It feels far more open and sociable and works really well as a kitchen/dining space.
The entrance hallway has also been cleverly used to create a dedicated desk area – perfect if you work from home, especially as it means you don't have to lose one of the bedrooms to an office.
A separate lounge gives you a comfortable space to relax, along with a handy downstairs WC.
Upstairs are three good-sized bedrooms, with the main bedroom having its own ensuite shower room, plus the family bathroom.
Outside, the south-facing garden is a real bonus and a lovely spot to enjoy the sunshine, whether you've got children who want somewhere to play or you simply want somewhere to sit out and entertain in the summer.
The garage is another brilliant feature and, importantly, it has power.
This makes it so much more useful, whether you want it for storage, bikes, a workshop, gym equipment or simply somewhere to plug things in without running power from the house.
There is also driveway parking. Sherford has become a popular place to live, with schools, parks, green spaces, and local amenities all close by, plus easy access to Plymouth and the South Hams.
With the changes the current owner has made, the south-facing garden, powered garage and no onward chain, this is a great home with lots going for it.
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 32, Pegasus Place, City Of Plymouth
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