3-bedroom terraced house · PL10 1BX
Under offerListed 258 days
Opportunity summary
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About
Occupying a prominent position overlooking Millbrook Lake, 2 Albany Villas is a beautiful home with great potential for updating and personalisation offering spacious accommodation and outstanding panoramic views.
With characterful interiors, two double bedrooms, a study, and an additional loft craft room, this delightful property combines traditional charm with versatility and comfort.
Ideal for buyers looking to update and personalise a charming period property.
Ground Floor A welcoming entrance hall leads into a beautifully light living room with an elegant bay window framing the breathtaking lake view.
Period details such as picture rails, and a feature fireplace add charm and warmth to this inviting space.
The dining room provides a second comfortable reception area, complete with exposed stonework, built-in cupboards, and ample room for family dining or entertaining.
Beyond lies a compact yet practical kitchen fitted with shaker-style cabinetry and views to the courtyard. A ground-floor cloakroom completes this level.
First Floor The first floor offers two generously sized double bedrooms, each with attractive period fireplaces and ample natural light.
The front bedroom enjoys exceptional lake views, while the rear overlooks the peaceful garden. A traditional bathroom with a three-piece suite and shower over bath serves this floor.
A small study/ dressing room from the second bedroom provides an ideal work-from-home nook.
Loft Room A ladder staircase rises to a bright, versatile attic room currently used as a craft or hobby space.
With exposed beams, Velux windows, and built-in work areas, this space offers superb flexibility for creative pursuits or occasional use.
Grounds The pretty courtyard garden to the rear provides a private and low-maintenance outdoor area with stone paving, mature planting, and a timber shed.
To the front, a paved terrace takes full advantage of the lakeside setting - the perfect spot to sit and enjoy the ever-changing scenery.
Situation Situated in the heart of Millbrook, this property is ideally placed for access to local shops, cafes, and amenities, while the twin villages of Kingsand and Cawsand and the beaches of Whitsand Bay are just a short drive away.
Plymouth is easily accessible via the nearby Torpoint Ferry or Cremyll Passenger Ferry, making this an excellent base for both full-time living and peaceful coastal retreats. Council Tax Band: C
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 2, Albany Villas, Millbrook
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