3-bedroom semi-detached house · PL21 9FX
Listing removedListed 313 days
Opportunity summary
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About
A modern and tastefully decorated home located in a peaceful cul-de-sac setting with a superb southerly facing aspect to the rear.
Boasting three generous bedrooms, two modern bathrooms, delightful open living accommodation and an enclosed rear garden.
DESCRIPTION Upon entry into this spacious modern home a welcoming hallway greets you and provides access to a modern cloakroom/WC to your right, alongside the main living area to your left.
The spacious sitting room boasts a large window overlooking the front allowing for plenty of natural light to flood in and also benefits from a large understairs cupboard providing useful storage.
At the rear of the home is a light and airy kitchen/dining room which is fitted with modern wall and base units, provides space for a nicely sized dining table and also includes an integrated oven, hob and cooker hood, as well as spaces for a free-standing washing machine and fridge/freezer.
Large double opening doors lead onto a decked terrace which is a real sun-trap, then steps lead from the terrace down to the rear garden.
The staircase to the first floor accommodation can be found in the hallway and leads up to an open landing space which is centrally located and provides a useful storage cupboard.
At the front of the property is the master bedroom suite which includes a spacious double room, fitted wardrobe and a modern en-suite shower room comprising walk-in shower, toilet and basin.
At the rear of the property are two further bedrooms, one being a second double room and the other being a nicely sized single.
Finally there is a modern family bathroomlocated in the middle of the home comprising panelled bath, toilet and basin.
SITUATION Located on the western fringe of Ivybridge, Risdon Drive is a peaceful cul-de-sac located within a popular modern development which is well regarded due to its hillside position with stunning views across the town, alongside having plenty of pretty outdoor spaces for residents to enjoy; including a popular park and playground found just at the end of the road.
Ivybridge boasts a bustling high street with a vast array of local facilities, including shops, cafes, restaurants and other amenities.
There is also a Co-operative store just a short walk from Risdon Drive and regular bus routes operate along nearby Cornwood Road, linking the town with other parts of the South Hams as well as the nearby city of Plymouth.
Ivybridge has its own railway station located on the eastern edge of town which is frequented by the Plymouth to London Paddington service, further linking the town with large towns and cities across the South West and toward the capital.
There are a number of popular local primary schools dotted across Ivybridge, with the closest to this property being Woodlands Primary School.
Ivybridge Community College is a very well regarded secondary school which is found close to the centre of town.
The town is also most popular with those commuting to other areas across the South West, thanks to its close proximity to the A38 dual carriageway which eventually links with the M5 at Exeter.
OUTSIDE Approaching the property from the front a pathway runs alongside a private driveway area which can accommodate two large vehicles and leads to the front door as well as around to the side of the property and to the rear garden.
Directly opposite the property are some useful visitors parking spaces and further parking is readily available on the road.
At the rear there is a delightful southerly facing garden area which is fully enclosed, predominately laid to lawn and boasts a paved patio seating area.
SERVICES & OUTGOINGS We understand that mains electric, gas, water and drainage are connected to the property. Gas fired central heating.
Council Tax: South Hams District Council - Band C DIRECTIONS What3words:///fiery.satellite.miss ADDITIONAL INFORMATION Broadband: FTTP—Ultrafast broadband is available—highest available download speed 1800 Mbps, highest available upload speed 220 Mbps.
(Ofcom). Mobile Coverage: Available via EE, O2, THREE and VODAFONE. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a VERY LOW RISK from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Risdon Drive, Ivybridge, Devon, PL21
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