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See how verdicts work3-bedroom detached house · PL9 9QY
No longer listedListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fine example of a beautifully presented three bedroom waterside cottage situated in the popular village of Hooe, with private garden and pontoon. EPC E.
Situation Hooe is a well regarded coastal location which has an array of local amenities which include, Primary School, General Store with post office, Newsagents, Public Houses and Restaurants.
Regular transport links provide easy access to Plymstock, including the Broadway Shopping Centre and the vibrant Plymouth City Centre.
A Water Taxi service is available from Mount Batten which provides access to the historic Barbican Waterfront. Coastal paths are close by along with the beautiful beaches of Bovisand and Jennycliff.
Description This delightful cottage is perfectly located on the waterfront enjoying unrivalled views over Hooe lake.
The accommodation comprises a galley style fitted kitchen, with separate utility room, a dual aspect lounge with a feature wood burner and views over the lake and separate dining room.
The first-floor landing provides access to an attractive, refurbished family bathroom, three bedrooms with the master bedroom benefiting from an impressive, vaulted ceiling and waterside views.
Outside External benefits include a walled, courtyard style garden, private pontoon and moorings.
This property is currently run as a successful holiday let but would also work well as a full time residence, certainly attracting those keen on water sports or simply seeking the solitude of being by the water.
Services Mains electric, gas, water & drainage. Water is on a meter. Gas central heating.
The latest data from Ofcom, Ultrafast broadband and mobile coverage from EE, O2, Three & Vodafone are available at the property.
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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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 Oak Cottage, Lake Road, Plymouth
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