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See how verdicts work4-bedroom house · PL9 8GN
For saleReduced £20k (−2.9%) on 12 OctListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superbly-presented modern detached executive-style home situated in this highly desirable tucked-away location within Elburton.
The property enjoys a beautifully-landscaped south-west facing garden with timber cabin.
The accommodation comprises an entrance hall with downstairs cloakroom/wc, triple aspect lounge, superb open-plan kitchen/dining room with a separate utility & ground floor study.
On the first floor a landing provides access to 4 proper double bedrooms and family bathroom. There are also 2 ensuite shower rooms. Driveway & garage.
The property has double-glazing & central heating throughout. Wellspring Place, Elburton, Pl9 8Gn Accommodation Front door opening into the entrance hall.
Entrance Hall (3.63m x 3.40m (11'11 x 11'2)) Providing access to the ground floor accommodation. Staircase ascending to the first floor. Under-stairs cupboard. Recessed cloak cupboard.
Inset ceiling spotlights.
Lounge (7.44m x 3.78m (24'5 x 12'5)) A triple aspect lounge with windows with fitted blinds to the front and side elevations plus French doors with windows either side to the rear.
Inset ceiling spotlights. Feature double doors opening into the kitchen/dining room.
Kitchen/Dining Room (6.73m x 5.31m at deepest point (22'1 x 17'5 at dee) An open-plan 'L-shaped' dual aspect room with windows with fitted blinds to the side and rear elevations plus French doors with windows either side with fitted blinds leading to the garden.
Ample space for dining table and chairs. The kitchen cabinets are fitted with contrasting fascias and polished quartz work surfaces to include a breakfast bar.
Stainless-steel one-&-a-half bowl sink unit with work-top mounted mixer tap. Built-in oven. Separate built-in microwave/grill oven. Induction hob. Integral fridge-freezer. Wine fridge.
Integral dishwasher. Wall-mounted gas boiler concealed by a cabinet. Inset ceiling spotlights. Doorway opening into the utility room.
Utility Room (2.26m x 1.78m (7'5 x 5'10)) Storage cupboards and shelving. Fitted hanging rail. Space for washing machine and tumble dryer. Stainless-steel single drainer sink unit.
Window with a fitted blind to the side elevation. Obscured glazed door leading to outside. Study (2.97m x 2.06m (9'9 x 6'9)) Window with fitted blind to the front elevation.
Downstairs Cloakroom/Wc (1.50m x 1.17m at widest point (4'11 x 3'10 at wide) Fitted with a wc and a pedestal basin. Consumer unit. Inset ceiling spotlights. Obscured window to the front elevation.
First Floor Landing Providing access to the first floor accommodation. Loft hatch with fold-down loft ladder.
Bedroom One (3.81m x 3.45m wall-to-wall (12'6 x 11'4 wall-to-wa) Window with fitted blind to the front elevation. Range of built-in bedroom furniture to include wardrobes and cupboards.
LED lighting and inset ceiling spotlights.
Ensuite Shower Room (3.23m x 1.55m (10'7 x 5'1)) Comprising a double-sized enclosed tiled shower with wall-mounted shower controls and a sliding glass door, wall-mounted basin with a tiled splash-back and wall-mounted wc with a concealed cistern and a push-button flush.
Mirrored cabinets. Chrome towel rail/radiator. Inset ceiling spotlights. Obscured window with a fitted blind to the front elevation.
Bedroom Two (3.35m x 3.35m (11' x 11')) Window with a fitted blind to the rear elevation. Inset ceiling spotlights.
Ensuite Shower Room (2.13m x 1.45m (7' x 4'9)) Comprising a double-sized enclosed tiled shower with wall-mounted shower controls, wall-mounted basin with a tiled splash-back and wall-mounted wc with a concealed cistern and a push-button flush.
Mirrored cabinets. Chrome towel rail/radiator. Inset ceiling spotlights. Obscured window with a fitted blind to the rear elevation.
Bedroom Three (3.35m x 3.18m (11' x 10'5)) Window with a fitted blind to the front elevation. Bedroom Four (3.84m x 2.72m (12'7 x 8'11)) Window with a fitted blind to the rear elevation.
Built-in wardrobe. Inset ceiling spotlights.
Family Bathroom (2.74m x 2.13m (9' x 7')) Comprising a bath with a tiled surround and a mixer tap shower, double-sized tiled shower with wall-mounted controls, wall-mounted basin with a tiled splash-back and a wall-mounted wc with a concealed cistern and a push-button flush.
Chrome towel rail/radiator. Inset ceiling spotlights. Obscured window with a fitted blind to the rear elevation.
Cabin (4.72m x 3.68m (15'6 x 12'1)) A detached timber cabin situated within the landscaped garden. Pitched roof. Dual aspect with glazed doors and windows with fitted blinds to 2 elevations.
Built-in bar. Power and lighting. Garage (5.77m x 2.69m (18'11 x 8'10)) Up-&-over style door to the front elevation. Side access door opening into the garden.
Pitched roof providing some over-head storage. Power and lighting.
Outside The garden to the front is laid to lawn together with stone paving leading to the main front entrance, which is covered and has outside lighting.
A pathway leads around one side of the house accessing the rear garden. Along the other side elevation is a driveway, laid to brick-paving, providing off-road parking and access to the garage.
Off the driveway, next to the garage, is a timber gate opening onto the rear garden. The rear garden has been landscaped with a full-width paved patio area, which continues beside the garage.
There is an area laid with high quality artificial grass and surrounding the cabin is a composite deck providing ample space for sitting and outside dining.
There are raised shrub beds, outside tap, outside lighting and outside power points.
Agent's Note The property has central heating, with under-floor heating on the ground floor, with each room having its own individual thermostat and radiators on the first floor.
The ground floor can be run separately to the upstairs.
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.
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FAQ
About 9, Wellspring Place, Plymouth
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