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See how verdicts work3-bedroom semi-detached house · PL21 9FW
Listing removedListed 460 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SITUATION & DESCRIPTION 61 Drake Avenue is an immaculately presented three bedroom semi-detached house in an elevated position within the sought-after town of Ivybridge.
Finished to a high standard, the property offers entrance hall leading to a downstairs WC and a spacious living room with window to the front aspect.
To the rear of the ground floor is the modern kitchen/dining room with a range of integrated appliances and French doors leading out to the rear garden.
The first floor offers three bedrooms including the generous principle room with en-suite. There is also a family bathroom.
To the rear of the property is a large low maintenance garden with tiered patio areas and to the side is ample driveway parking for two cars.
The property sits within walking distance of the town centre where you’ll find pubs, eateries, supermarkets and a variety of shops.
There is a great choice of primary schools all within the catchment area of Ivybridge Community College, a highly rated secondary school.
There is also a GP, Dental Surgeries, two leisure centres with swimming pools.
Clubs including Ivybridge rugby, football, cricket and tennis are all easily accessible and add to the community feel within the town.
Ivybridge has a wealth of opportunities including a train station with fantastic transport links as well as easy access to the A38.
FURTHER INFORMATION Verified Material Information To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document.
If available, please scan the QR code or access the additional online material information . Alternatively, you can contact our team for this information.
Council Tax band: C Tenure: Freehold Property type: House Property construction: Standard undefined construction Energy Performance rating: B Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Mains gas-powered central heating is installed.
Heating features: None Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - Good, Vodafone - Great, Three - Good, EE - Great Parking: Driveway Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: No Agents Note:- There is a management fee payable annually for maintenance of the estate - Further details can be obtained from the agents.
All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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

FAQ
About 61, Drake Avenue, Ivybridge
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