We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · PL8 1AR
Listing removedReduced £15k (−10%) on 14 AugListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This well-presented lodge benefits from an allocated parking bay and is accessed through an entrance vestibule, with coat cupboard, into a spacious Kitchen/Lounge/Diner.
The south facing elevation of the room comprises two sets of patio doors, opening onto the private decking, that flood the space with light.
The kitchen is fully equipped with electric oven and gas hob, fridge/freezer, dishwasher, washer/dryer and microwave.
The dining area will seat six people comfortably and the living space feels cosy and welcoming with an electric remote control fire.
The lodge provides 3 bedrooms: A spacious double with en-suite shower room with WC and dressing area; a guest double, currently arranged with twin 2'6" beds; and a single room, creatively arranged to optimise the space with fun cabin beds.
Finally, there is a family bathroom with shower over the bath. Outside there is an enclosed, south-facing decked area with stylish rattan furniture and plenty of space for alfresco dining.
To the rear of the lodge is a metal, fireproof storage box containing large gas barbecue.
Situation The twin villages of Newton Ferrers and Noss Mayo enjoy a delightful riverside setting on the wooded slopes of the River Yealm estuary.
This sheltered, deep water harbour is much favoured by yachtsmen and lies within a truly beautiful valley in the unspoilt South Hams countryside, an Area of Outstanding Natural Beauty.
The villages share a number of facilities including a post office, pharmacy, Co-Operative store, three good public houses, two churches, yacht club with bistro and good Primary school.
Plymouth is easily commutable and is an historic and vibrant waterside City. Local authority South Hams District Council, Follaton House, Plymouth Road, Totnes, TQ9 5NE.
Tel: rules & regulations A copy of this document will be made available to all seriously interested parties. Directions From the A379 take the B3186 signposted Newton Ferrers.
Follow the main street through the village to The Green cafe and. Briar Hill can be found on the right hand.
Further information As part of our transparency policy, we request our sellers fill out a Property Information Questionnaire.
This information can be provided to you; however, we recommend that you verify any information given during the conveyancing process. Tenure: The Lease agreement is 35 years from August 2014.
Ground rent The ongoing yearly Ground Rent is currently £4,770 plus a service charge of £630. Electric and Gas Services are metered.
Services Connected to The Park electricity, water, lpg gas and drainage. Broadband and Wi-Fi is available on the site. Parking: Allocated parking. Viewing: Strictly by appointment with Luscombe Maye
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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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.
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FAQ
About 11,Granny Lodge, Briar Hill, Plymouth
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