2-bedroom house · PL8 2LB
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Primrose Cottage, is a pretty farm cottage, which was once part of the prominent Lyneham Estate. This mid terrace dwelling now forms part of the converted residential farm hamlet Known as Efford Farm.
Steeped in history and character it enjoys a scenic position with countryside and woodland all around. Positioned at the end of a well maintained terrace.
Primrose Cottage, offers the new owner spacious two bedroom and one bathroom accommodation with an open plan living area, galley Kitchen, stable door.
Externally there is a shared garden and a parking space. It has been rented on short hold tenancies for several years and has been a superb income provider for the current vendors.
A traditional stable door opens into the welcoming open plan living space.
To the left is a well designed galley kitchen, with white floor and wall hung cupboards, a granite style formica work surface, polished marble design ceramic tiled slash backs, a stainless steel sink and drainer, electric hob with an extractor above, and plumbing for a washer/dryer.
The open plan living space has ample room to have a dining table and a couple of sofas/chairs. With plenty of natural light from the dual aspect windows complimented by old slate tile window sills.
The focal point is, an attractive fireplace with a black electric wood burning stove, that is sat on a tiled hearth with a characteristic wooden surround.
The room features painted beams, electric Creda storage radiator, carpeted living area and a tiled floor in the kitchen and entrance area.
Carpeted stairs lead up to the sleeping areas with two double bedrooms, the largest of the doubles has a window overlooking the garden and countryside.
It has space for a double bed and a couple of wardrobes with a dressing table.
The second double bedroom has a small fitted pine door wardrobe with hanging and shelving, and a window looking out towards the farm house and the courtyard and a skylight.
The bathroom is fitted with a shower cubicle, a ceramic white wash hand basin and a toilet. It has beige tiles and a Lino floor with a skylight.
The communal garden is mainly lawn and shrubs, with plenty of room to put tables and chairs, or possibly a fire pit to enjoy with your neighbours, family and friends.
A parking space is available right outside the front door. Please note: Photographs of the bedrooms are samples of the interior of the cottage. All cottages have a similar layout and style.
There are two independent cottages for sale at this time, both for the same value Offers in excess of £180,000
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 Primrose Cottage, Efford Farm, Yealmpton, Plymouth, Devon
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