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 · PL21 0RQ
Listing removedListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in a convenient location close to local amenities, this beautifully presented two bedroom terraced home is full of charm and character, offering well proportioned accommodation with a warm and welcoming feel throughout.
Available with no onward chain, it presents an ideal opportunity for first time buyers, investors or those looking to downsize.
The accommodation begins with a delightful sitting room, a characterful space perfect for relaxing, which leads through to a well appointed kitchen offering ample storage and worktop space for everyday living.
The property has been thoughtfully maintained and is presented to a high standard throughout, blending period charm with modern comforts.
On the first floor are two comfortable bedrooms, together with a well appointed family bathroom. Both bedrooms enjoy plenty of natural light, creating bright and inviting spaces.
The property further benefits from mains gas central heating and double glazing, ensuring comfort and efficiency throughout the year.
There is on-street parking nearby and the property is ideally positioned within easy reach of all the amenities Modbury has to offer.
Situation Modbury is a picturesque Georgian town situated in an 'Area of Outstanding Natural Beauty', and is only about 4 miles from the nearest beach.
Some two hundred years ago it was extremely prosperous being the local market town and a centre for the wool trade.
Today there is a good range of local shops including a butcher, grocers, chemist, delicatessen and a number of gift and antique shops.
Other amenities include a primary school, health centre, dentist, veterinary surgery and mobile bank and library.
For more comprehensive shopping, Kingsbridge is to the South and Plymouth is about 12 miles to the West. Modbury is on the main bus route and is also only about five miles from the A38.
Nearby there are fine cliff top and coastal walks, other beaches and coves, with sailing at Salcombe and Newton Ferrers, 18 hole golf courses at Thurlestone and Bigbury and Dartmoor National Park is several miles to the North.
Further information Verified Material Information Costs and tenure Tenure: Freehold Council tax band: C EPC rating: D The building Mid-terrace house, standard brick and block construction Accessibility adaptations: None Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: None Broadband: Fttc (Fibre to the Cabinet) Mobile coverage: O2 great, Vodafone great, Three good, EE great Parking: On Street Not in a controlled parking zone No disabled parking available Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (DN195502): - Not to carry on or allow any trade, business or manufacture on the retained land (i.e.
Adjoining land) — this is recorded as a covenant in transfers adjoining this property. In plain English: Neighbouring landowners agreed not to run businesses that might affect this property.
- Not to do or allow anything on the retained land which may be or grow to be a nuisance or annoyance to owners or occupiers of this property.
In plain English: Neighbours must not create nuisances that affect you.
- To maintain the buildings on the retained land in good repair and not to do anything that will adversely affect the structural condition, support or shelter of this property.
In plain English: Neighbours must keep their buildings in repair and not act in a way that damages the structure or support of No. 58.
- Obligation (to those served by the passageway/courtyard/drain) to contribute to maintenance, repair and renewal costs (see ChargesAndFinancialBurdens).
In plain English: Shared-area repair costs must be paid by those who use them.
- Covenant in the transfer to the current proprietor to observe the covenants referred to in the Charges Register and to indemnify others.
In plain English: You (the owner) have promised to follow the listed covenants and to pay for any losses caused by breaching them.
No environmental risks recorded No specialist issues recorded All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021.
This data is licensed under the Open Government Licence v3.0. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Viewings Strictly by appointment with Luscombe Maye, Modbury lettings Luscombe Maye also offers an Award Winning Lettings service.
If you are considering Letting your own property, or a buy to let purchase, please contact Andrew or Alex on or to discuss our range of bespoke services.
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
Agent & docs
FAQ
About 58, Brownston Street, Ivybridge
Explore nearby