2-bedroom house · PL7 1TL
Listing removedListed 106 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Viewing day confirmed - Tuesday 21st July 2026*** Viewings can only be booked online at the following website - www[dot]oceancityliving[dot]co[dot]uk Video tour, 360 tour & floor plans to follow Ocean City Living are delighted to present this beautiful 2 bedroom cottage situated in the Underwood area of Plympton, Plymouth.
Access is gained to the Property via 4 steps leading to the front door.
Stepping into the Property there is a foyer with a stairway to the left leading to the first floor and doorway to the ground floor reception rooms.
There you are greeted with a good sized living room/kitchen/diner.
The living room has a TV point in the right hand corner and large windows to the front allowing a good amount of natural light into the Property.
The modern kitchen features a lovely breakfast bar, electric oven, gas hob and overhead extractor with plenty of cupboard and worktop space.
There is also space for a tall fridge freezer and a table and chairs in the dining area. Under stairs storage cupboard completes the downstairs accommodation.
Upstairs you will find 2 double bedrooms and a lovely family bathroom. The first bedroom has a good sized window to the front of the Property and it's own built-in wardrobe.
The second bedroom has a feature sloping ceiling with a dormer window to allow lots of light into the room.
The family bathroom consists of a bath, shower and shower screen, W/C and sink and also features a dormer window above the bath.
Underwood is set within the very desirable area of Plympton and proves to be extremely popular with families, providing easy access to the A38 and has its own High Street with multiple pubs, restaurants and local shops to enjoy.
Plympton offers a range of amenities including a swimming pool and leisure centre as well as multiple primary and secondary schools.
Both Dartmoor and beautiful beaches are just a short drive away with Plymouth City Centre also easily accessible. Rent £900 pcm Deposit £900
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
.png)
FAQ
About Merafield Road, Plymouth
Explore nearby