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 work2-bedroom house · PL8 1ED
Listing removedReduced £25k (−5.3%) on 20 JunListed 900 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Once a modest fisherman's cottage, this deceptively spacious home has been cleverly extended accommodating the slope of the ground to now range over two levels.
The elevated nature of the cottage provides long views over the estuary towards Newton Ferrers village and down towards the harbour.
Occupying an unique position on a popular road in the riverside village of Noss Mayo, this cottage has the benefit of facing West to make the most of the afternoon and evening sun.
This charming cottage enjoys water views from the living room, master bedroom, dining area, garden and summer-house. It has two double bedrooms which both benefit from en-suite bathrooms.
The living room is welcoming and cosy with a fireplace, with slate hearth, wooden lintel and wood burner.
The original beams are still exposed in the living room, and wooden beams have been installed in the kitchen and dining area in keeping with the period of the cottage.
A viewing is highly advised to appreciate the unique position and aspect of this property situation The twin villages of Newton Ferrers and Noss Mayo enjoy a delightful riverside setting on the wooded slopes of the estuary of the River Yealm.
This sheltered, deep water mooring is much favoured by yachtsmen and a truly beautiful valley within 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 city centre which is within easy commuting distance. Services Mains electricity, water, drainage and gas are connected to the cottage.
Further infomation 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. Local authority & council tax South Hams District Council.
Council Tax Band E tenure Freehold viewings Viewing strictly by appointment with Luscombe Maye What3Words ///passports.hampers.clips
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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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
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FAQ
About 3,Fishermans Cottage, Pillory Hill, Noss Mayo
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