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 work5-bedroom terraced house · PL1 5AA
Sold STCListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This fantastic 5 letting room (potential for a 6th letting room) & 2 bathroom HMO Licensed property is fully let to working professionals on 12-month contracts, producing a gross income of £28,800 per annum.
Making it an exciting opportunity for instant income to elevate your investment portfolio!
Perfectly located near Plymouth Train Station and the City Centre, offering a combination of central access and walkable proximity to Plymouth's key attractions and transport links.
EPC - D Solid wood door to; ENTRANCE VESTIBULE Opaque UPVC double glazed door to; ENTRANCE HALL Stairs to first floor with built-in storage cupboards under, panelled radiator.
LETTING ROOM ONE 16'5 x 15'0 (5.00m x 4.57m) Panelled radiator, UPVC double glazed bay window to front elevation, coving to ceiling, centre ceiling rose.
LETTING ROOM TWO 14'9 x 12'9 (4.50m x 3.88m) Coving to ceiling, panelled radiator, UPVC double glazed window to rear elevation.
KITCHEN/COMMUNAL ROOM 16'11 x 12'4 (5.15m x 3.75m) Modern white high gloss kitchen comprising base and eye level storage cupboards, inset single bowl single drainer stainless steel sink unit and mixer tap, double oven and 4 ring electric hob with extractor canopy over, wall mounted gas boiler providing hot water and central heating, panelled radiator, opaque UPVC double glazed door providing access to the rear courtyard.
Archway to; LAUNDRY ROOM 8'6 x 7'1 (2.60m x 2.16m) Plumbing for a washing machine, panelled radiator, further door to; BATHROOM 7'1 x 5'8 (2.16m x 1.73m) White suite comprising panelled bath with mixer shower over, pedestal basin, low level WC, extractor fan, opaque UPVC double glazed window to side elevation, heated towel rail.
FIRST FLOOR LANDING Panelled radiator, opaque UPVC double glazed window to rear elevation, access to loft space.
LETTING ROOM THREE 13'0 x 12'9 (3.97m x 3.88m) Panelled radiator, UPVC double glazed window to rear elevation.
SHOWER ROOM 7'6 x 6'2 (2.28m x 1.87m) Modern white suite comprising corner glazed shower cubicle and electric shower, pedestal basin, low level WC, panelled radiator, extractor fan, opaque UPVC double glazed window to side elevation.
LETTING ROOM FOUR 12'4 x 7'11 (3.75m x 2.42m) Panelled radiator, UPVC double glazed window to rear elevation.
LOUNGE/POTENTIAL SIXTH LETTING ROOM 12'1 x 10'5 (3.68m x 3.18m) Currently being used as a lounge for letting room five.
Radiator, UPVC double glazed window to front elevation, door to; LETTING ROOM FIVE 12'1 x 9'8 (3.68m x 2.94m) UPVC double glazed window to front elevation, radiator.
OUTSIDE To the rear of the property is an enclosed courtyard. SERVICES All main services are connected to the property. VIEWING Strictly by prior appointment through Swift Estate Agents.
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
FAQ
About Ilbert Street, Stonehouse. 5 letting room HMO Investment property.
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