2-bedroom house · PL2 3EF
Listing removedListed 436 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly desirable Cherry Tree development in Pennycross, this beautifully presented two-bedroom terraced home offers modern living in a convenient location close to local amenities, well-regarded schools, and excellent transport links across Plymouth.
Upon entering, you are welcomed into a hallway with a handy utility cupboard and a generous downstairs cloakroom W/C.
The property then opens into a bright and spacious open-plan living area, perfect for both relaxing and entertaining.
The contemporary kitchen is fitted with a range of matching wall and base units, complete with an integrated oven and hob, plumbing for a slimline dishwasher, and space for a tall fridge/freezer.
The living space is filled with natural light, enhanced by patio doors that open directly onto the rear garden.
Upstairs, the property boasts two well-proportioned double bedrooms alongside a stylish family bathroom, all finished to a high standard.
Externally, the home benefits from a west-facing rear garden, enclosed for privacy, with a mix of patio and decked areas plus a useful lower section ideal for storage.
To the front, there is driveway parking for one vehicle. The development is run by a management company and there is a yearly charge of £165 for the maintenance and upkeep of the estate.
Further details of which should be confirmed by your solicitor.
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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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 31, Pennycross Close, Plymouth
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