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 · PL1 3NN
Listing removedListed 625 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DC Lane are delighted to present this superb mid terraced house located within the iconic Grade II listed development ‘The Millfields’ set within landscaped grounds on the former site of the Royal Naval Hospital.
The historic buildings and grounds are surrounded by the original hospital wall which provides a secure gated environment. The peace of mind afforded to residents within The Millfields is exceptional.
The gated entrance with 24 hour security, for both vehicles and pedestrian access, provides a wonderfully relaxed and secure atmosphere to the whole community.
Offering a unique blend of character and potential as you enter into the hallway you are greeted by a vaulted ceiling and velux window allowing light to flood through.
The splendid reception room with particularly high ceilings boasts solid wood flooring, cast iron radiators and with light beaming through creates a warm and inviting atmosphere.
Leading into the kitchen there are more large windows and glazed door rear garden access with a generous shower room completing the ground floor accommodation.
Stairs rise to the first floor featuring a decorative port hole window into a splendid bedroom with exposed beams and vaulted ceilings enhancing the 'loft-style' vibe.
A few steps lead into a second room that could be used as a dressing room, home office or hobby room and an en suite bathroom adds a touch of modern elegance to the traditional features of this charming property.
The rear garden has been decked and there is also allocated parking for one vehicle.
Whilst this contemporary property is in need of some upgrading, it presents an excellent opportunity for buyers to put their personal stamp on it with raw materials and metal accents creating an industrial styled property.
With no onward chain a viewing is most definitely recommended.
Management Fee - £1443.pa Ground Floor Reception Room (5.48 x 5.52 (17'11" x 18'1")) Kitchen (2.84 x 2.28 (9'3" x 7'5")) Shower Room (2.35 x 2.22 (7'8" x 7'3")) First Floor Bedroom One (5.48 x 5.53 (17'11" x 18'1")) En Suite Bathroom (2.54 x 1.91 (8'3" x 6'3")) Bedroom Two (2.78 x 3.26 (9'1" x 10'8"))
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.
Area
Agent & docs
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FAQ
About 15, Constance Place, Plymouth
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