4-bedroom house · PL4 8JA
For saleReduced £10k (−4.3%) on 2 SepListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*freehold unit with 2X two bedroom flats* Situated in the popular residential area of Greenbank, this deceptively spacious mid-terrace property presents an excellent investment opportunity, comprising two self-contained flats with long-term tenants in situ and generating a combined income of £1,450 per calendar month.
The property is accessed via a communal entrance hall, with separate doors leading to each flat.
The ground floor flat offers generous accommodation throughout, including a spacious living room with a double-glazed window to the front elevation, two double bedrooms, a dining room, fitted kitchen, shower room and separate WC.
An inner hallway provides access to the enclosed rear courtyard via a side door. This flat is currently let and generates £600 pcm.
The first floor flat is equally well-proportioned and comprises a welcoming hallway, modern fitted kitchen, contemporary bathroom, spacious lounge/diner with double-glazed windows to the front elevation, and two double bedrooms, one positioned to the rear of the property.
This flat is currently achieving £850 pcm.
Conveniently located close to Plymouth City Centre, local amenities, transport links and the University, the property offers a ready-made investment with an established rental income and potential for future growth.
Current Rental Income: £1,450 pcm Tenants in Situ Two Self-Contained Flats Popular Central Location Ideal Investment Opportunity Early viewing is highly recommended.
EPC Rating: D (Ground Floor & First Floor Flats).
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 11, Clifton Street, Devon
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