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 work2-bedroom terraced house · PL21 9FW
Listing removedListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY Well-presented two bedroom mid-terraced home in a quiet Ivybridge location, featuring open plan living, DOWNSTAIRS WC, enclosed rear garden, ALLOCATED PARKING, and easy access to local schools, amenities, and the A38.
Perfect for FIRST TIME BUYERS or INVESTMENT OPPORTUNITY.
DESCRIPTION Located in the popular town of Ivybridge, this well-presented two-bedroom mid-terraced home is situated in a quiet residential setting on Drake Avenue, PL21.
Finished to a high standard throughout, the property benefits from light, neutral decor and a modern layout ideal for contemporary living.
The ground floor offers an open plan lounge and kitchen, creating a sociable and flexible living space.
Patio doors lead directly from the living area to the rear garden, allowing for plenty of natural light. A convenient downstairs WC completes the ground floor accommodation.
Upstairs, the property boasts two well-proportioned bedrooms along with a modern family bathroom.
Externally, there is an enclosed, low-maintenance rear garden featuring artificial grass and a patio area—perfect for relaxing or entertaining. The property also benefits from allocated parking.
Ideally located close to Woodlands Park Primary School, local shops, amenities, and with easy access to the A38 Devon Expressway, this home is perfectly suited to first-time buyers looking to get on the property ladder or investors seeking a strong rental opportunity.
Early viewing is highly recommended.
Entrance Hall Double glazed door to the front aspect, stairs to first floor, radiator Lounge/Kitchen 22' 2" max x 12' max ( 6.76m max x 3.66m max ) Double glazed patio doors to the rear, fitted kitchen with wall and base units, integrated oven and fridge freezer, one and half bowl sink and draining board with mixer tap, gas hob, extractor hood, breakfast bar, two radiators Cloakroom Low level Wc, wash hand basin, radiator Landing Loft access, door access to bedrooms and bathroom Bedroom One 12' 4" max x 8' 1" max ( 3.76m max x 2.46m max ) Double glazed window to the rear aspect, radiator Bedroom Two 12' 2" max x 7' 10" max ( 3.71m max x 2.39m max ) Two double glazed windows to the front aspect, radiator Bathroom Bath with shower over, wash hand basin, low level WC, extractor fan, ladder towel rail Front Garden Level access, gravel and shrubs Rear Garden Low maintenance, fully enclosed with artificial grass and patio area Parking Allocated parking space 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their 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
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

FAQ
About Drake Avenue, Ivybridge
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