3-bedroom terraced house · PL21 9EB
For saleReduced £10k (−3.8%) on 8 OctListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the popular village of Lee Mill Bridge, this spacious three-bedroom end-of-terrace home offers generous, well-presented accommodation together with the added benefit of a garage and low-maintenance gardens.
Inside, the home feels light and welcoming, with an entrance porch opening into a bright and airy lounge, leading through to a separate dining area and fitted kitchen.
Upstairs are three well-proportioned bedrooms and a modern family bathroom.
Outside, the property enjoys easy-to-maintain gardens to both the front and rear, while the garage is conveniently positioned to the rear, with on-road parking available.
This is a great opportunity for anyone looking for a comfortable three-bedroom home with plenty of space, whether you’re a first-time buyer, a growing family or simply looking for a convenient place to call home.
Lee Mill is a popular village on the outskirts of Ivybridge, offering the convenience of local shopping facilities and a village pub, while being only a short distance from the wider amenities of Ivybridge.
Known for its friendly community feel, Ivybridge sits on the southern edge of Dartmoor National Park, making it an ideal location for those who enjoy the outdoors while still wanting excellent transport links.
The town offers a good selection of independent shops, cafés and everyday amenities, together with The Watermark, which provides a library, cinema and theatre facilities.
Families are well catered for with a choice of primary schools and Ivybridge Community College, while the town also offers a wide range of sports clubs, leisure facilities and community groups.
For commuters, the location is particularly convenient, with easy access to the A38 Devon Expressway, providing straightforward links to Plymouth, Exeter and beyond.
This combination of countryside, community and connectivity continues to make the area a popular place to live.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 22, New Park Road, Ivybridge
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