2-bedroom terraced house · PL4 8NT
For saleListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £155,000–£160,000 An opportunity to acquire a two-bedroom freehold investment property currently let to students who have expressed an interest in remaining at the property until completing their studies in 2027 providing immediate rental income and ongoing stability for an investor.
Based on the current asking price range of £155,000 to £160,000, the property is currently generating approximately £14,040 per annum from two occupied rooms, producing £130pw and £140pw respectively.
This equates to £1,170pcm and delivers a gross yield of approx. 8.78% to 9.06%.
Chedworth Street offers a straightforward, income-producing investment with tenants already in place, making it ideal for both experienced landlords looking to expand a portfolio and buyers seeking a ready-made investment from day one.
There is also future flexibility for the property to operate as a standard residential let if desired, although the current room-by-room student setup is where the stronger return is currently achieved.
Key Information
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 advisors 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 Chedworth Street, Greenbank Plymouth, Devon, PL4 8NT
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