3-bedroom house · PL11 2DY
Listing removedListed 103 days
Opportunity summary
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About
Description Offered to the market with no onward chain and available for the first time in over 60 years, the property presents an exciting opportunity in a convenient Torpoint setting.
The property offers well-proportioned accommodation with three bedrooms, a generous living room, kitchen, bathroom, ground floor WC, garden shed and established gardens.
While the home would now benefit from updating, it has clearly been much loved and provides excellent scope for a purchaser to modernise and personalise to their own taste.
Ground Floor The accommodation is entered via a hallway with stairs rising to the first floor and access into the main living room.
This is a particularly generous reception space, extending across the depth of the house and featuring a fireplace, fitted storage and sliding doors opening directly onto the rear garden.
The kitchen is fitted with a range of traditional wood-fronted units, work surfaces, tiled splashbacks, gas hob and sink positioned beneath the window, with a door providing access to the garden.
A ground floor WC completes the accommodation on this level. First Floor The first-floor landing leads to three bedrooms and the bathroom.
There are two comfortable double bedrooms, both enjoying pleasant natural light, while the third bedroom offers flexibility as a single bedroom, nursery, study or dressing room.
The bathroom is fitted with a shower enclosure, wash hand basin and WC, with tiled walls and a frosted window.
Grounds To the front, the property is approached through an established garden with lawn, planted borders and mature shrubs.
The rear garden is a notable feature, offering a good degree of greenery with lawn, mature planting, fruit trees and a sheltered patio seating area beneath a leafy pergola.
A garden shed provides useful storage. Situation Cremyll Road issituiated within the older part of Torpoint, conveniently placed for access to the town's amenities, schools, shops and waterfront.
The Torpoint Ferry offers a regular link across the River Tamar to Plymouth, while the nearby Rame Peninsula provides beautiful coastal walks, countryside and beaches at Whitsand Bay, Cawsand and Kingsand.
Council Tax Band: B Tenure: Freehold
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
Agent & docs
FAQ
About 38 Cremyll Road, Torpoint
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