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See how verdicts work2-bedroom semi-detached house · PL8 2PL
For saleListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom semi-detached house offered for sale with a 40% shared ownership interest, providing an excellent opportunity for eligible buyers looking to step onto the property ladder.
The property briefly comprises an entrance hallway with useful utility cupboard and downstairs cloakroom, leading through to a spacious open-plan lounge, kitchen and dining area, creating a sociable and versatile living space.
To the first floor are two double bedrooms and a shower room.
Externally, the property benefits from an enclosed rear garden, ideal for outdoor seating and entertaining, together with allocated parking.
Shared Ownership A 40% share of the property is offered for sale under a shared ownership scheme.
To be eligible for Shared Ownership, applicants must have a household income below £80,000 per year, be unable to purchase a suitable home on the open market, and have sufficient savings or access to funds for a deposit and associated buying costs.
Applicants must not currently own another property, unless sold subject to contract. Section 106 Local Occupancy Restriction The property is subject to a local occupancy restriction.
Eligible purchasers must be unable to secure suitable open-market accommodation in South Hams and meet the relevant local connection criteria, such as residence, family connection or qualifying employment within Plymouth and the South Hams.
Purchasers should confirm their eligibility under the Section 106 Agreement and South Hams Local Allocation Policy.
Material information Verified Material Information · Council Tax Band: B · Tenure: Leasehold · Lease Length: 125 years from and including 12/03/2015 · Shared Ownership: 40% Share · Rent: £399.73 pcm · Service Charge: £30 pcm · Property Type: Semi Detached House · Energy Performance Rating: C · Electricity Supply: Mains Supply · Solar Panels: No · Water Supply: Mains Water Supply · Sewerage: Mains Supply · Heating: Gas Central Heating · Mobile Coverage: O2 - Excellent, Vodafone – Excellent, Three - Good, EE – Excellent · Broadband: Cable · Parking: Allocated Parking To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document.
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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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
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FAQ
About 68, Tappers Lane, Yealmpton
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