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See how verdicts work5-bedroom terraced house · PL4 8NE
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Unlock the ultimate development potential with this chain-free, four/five period terraced property on Mildmay Street, Greenbank.
Boasting a courtyard garden, roof terrace, and versatile multi-reception layout, this property is ready for a complete transformation into a high-yield investment or stylish leasehold apartments.*** Summary ***Unlock the ultimate development potential with this chain-free, four/five period terraced property on Mildmay Street, Greenbank.
Boasting a courtyard garden, roof terrace, and versatile multi-reception layout, this property is ready for a complete transformation into a high-yield investment or stylish leasehold apartments.*** location Mildmay Street in Plymouth's Greenbank and Lipson area is a sought-after residential location featuring classic Victorian and Edwardian terraced architecture popular with families, first-time buyers, and investors.
Situated close to Freedom Fields Park, Plymouth University, and Mutley Plain, the street offers a quiet neighbourhood atmosphere with convenient access to local shops, green spaces, and city centre amenities.
Description Nestled within the highly sought-after and vibrant residential enclave of Greenbank, this substantial period terraced property on Mildmay Street presents an exceptional, rarely available acquisition for discerning developers, investors, and contractors seeking a restoration project.
Offered to the market with the distinct advantage of having no onward chain, the residence requires a comprehensive scheme of modernisation and refurbishment throughout, offering a complete blank canvas to meticulously reimagine its considerable interior footprint and restore its former architectural distinction.
With incredible inherent versatility, the property structurally lends itself exceptionally well either to being operated as a high-yielding professional or student investment, or alternatively reconfigured and split into distinct, highly marketable leasehold apartments, subject to obtaining the necessary local authority planning permissions and building consents.
Upon entering the ground floor, the impressive scale and traditional proportions of the accommodation immediately become apparent.
The versatile layout comprises three distinct reception rooms, beginning with a charming formal sitting room positioned to the front of the property, flowing naturally through to a central dining room ideal for entertaining, and extending further into a dedicated breakfast room.
Beyond the breakfast room lies the kitchen space, which is thoughtfully complemented by a practical utility room and a ground-floor bathroom facility to serve the lower level efficiently, with doors leading out to the rear garden which can be utilised as off-road parking with gates leading into a rear access lane.
Ascending to the first-floor level, the property continues to impress with four exceptionally proportioned, light-filled bedrooms that echo the generous ceiling heights found downstairs.
This upper floor also houses a secondary utility room-presenting a straightforward, high-value opportunity to be converted into a fifth double bedroom should the incoming purchaser desire-alongside a well-sized family bathroom and access to a fantastic roof terrace that provides a superb elevated outdoor area to complete the upper configuration.
Early internal viewings are strongly recommended to fully appreciate the remarkable scope, volume, and lucrative opportunities this exciting renovation project affords.
Viewings Interested applicants should call Martin & Co (Plymouth) today on in order to arrange their viewing appointment.
Notice to applicants We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Simply conveyancing.
It is your decision whether you choose to deal with Simply Conveyancing.
In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral.
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.
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FAQ
About 14, Mildmay Street, Plymouth
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