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 work3-bedroom house · PL1 4GX
Listing removedListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a highly desirable location, this beautifully presented three-bedroom property offers spacious and versatile accommodation, making it an ideal home for families, professionals, or those seeking convenient city living.
From the moment you step inside, it is clear that the current owners have maintained and improved the property over the years.
Recent upgrades include a replacement roof with warranty, a modern boiler, owned solar panels, and a range of tasteful renovations throughout, providing peace of mind for any prospective purchaser.
The ground floor welcomes you with a stylish and modern kitchen/dining room, thoughtfully designed to create the perfect space for both everyday family life and entertaining guests.
The room offers ample space for dining and benefits from contemporary fittings and finishes. A convenient downstairs WC completes the accommodation on this level.
To the first floor, you will find a generous and inviting living room, flooded with natural light and offering an excellent space to relax and unwind.
Also on this floor are two well-proportioned bedrooms, one of which is currently utilised as a home office, providing flexibility to suit a variety of lifestyles.
A modern family bathroom serves this level. The top floor hosts two further spacious double bedrooms, creating a private and peaceful retreat.
The principal bedroom benefits from its own en-suite shower room, adding a touch of luxury and practicality.
Externally, the property further benefits from a garage, held on a leasehold basis, providing valuable storage or secure parking.
Combining modern comforts, energy-efficient features, generous living accommodation, and a sought-after waterfront location, this exceptional home offers a fantastic opportunity for buyers looking to enjoy everything Plymouth has to offer.
Early viewing is highly recommended to fully appreciate the quality, space, and lifestyle this wonderful home provides.
Length remaining on garage lease -tbc Situated within the popular Mount Wise area of Plymouth, this property enjoys a convenient and well-connected location close to the city centre, waterfront, and a wide range of local amenities.
Residents benefit from easy access to shops, supermarkets, cafés, leisure facilities, and regular public transport links, making it an ideal setting for both professionals and families.
The area is well placed for enjoying Plymouth's vibrant waterfront lifestyle, with nearby green spaces, sports facilities, and coastal walks all within easy reach.
The historic Royal William Yard, Plymouth Hoe, and the city centre offer an excellent selection of restaurants, bars, and leisure attractions, while Plymouth's main transport links provide convenient access to the wider South West.
Combining city convenience with access to outdoor amenities and the waterfront, this location offers a fantastic opportunity to enjoy all that Plymouth has to offer.
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
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FAQ
About 62, Pembroke Lane, Devon
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