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See how verdicts work4-bedroom house · PL21 0GD
Listing removedListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the sought-after Lucerne Fields development in Ivybridge, this beautifully presented townhouse was built by Barratt Homes in 2018 and offers incredibly flexible accommodation arranged over three floors.
Originally designed as a four-bedroom home, the ground-floor bedroom is currently used as a practical home office, making it ideal for anyone working from home.
There is also a convenient downstairs WC. To the rear is a modern open-plan kitchen, dining and living space, creating a lovely sociable area for everyday family life.
The kitchen offers plenty of storage and comes with an integrated oven, hob, dishwasher, washing machine and fridge/freezer.
French doors open onto the low-maintenance rear garden, which is perfect for entertaining during the warmer months.
The first floor features a spacious separate lounge, although this could easily be used as an additional double bedroom if required.
Also on this level is the main bedroom, enjoying views over the garden and benefiting from an ensuite shower room.
The second floor offers two further generous double bedrooms, along with a modern family bathroom featuring a shower over the bath.
Behind the garden is a single garage with power and lighting, along with parking directly in front.
With the potential to provide four or even five bedrooms, this is a wonderfully adaptable home that would suit a growing family, multigenerational living or anyone needing plenty of space to work from home.
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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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 19, New Green Street, Ivybridge
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