2-bedroom bungalow · PL9 9SF
Listing removedReduced £15.1k (−7%) on 4 FebListed 332 days
Opportunity summary
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About
Being sold with no onward chain is this semi-detached property located within the ever popular Stamford Close development.
It does require complete modernisation & updating but provides a fantastic opportunity for investment. The property is currently arranged with 2 bedrooms but was formerly built as 3.
There is a lounge/dining room leading to a conservatory, fitted kitchen, shower room and a separate wc. Externally there is an enclosed courtyard. Double-glazing & gas central heating.
Stamford Close, Hooe, Pl9 9Sf Accommodation Access to the property is gained via the uPVC 'tilt and turn' door leading into the entrance porch. Entrance Porch Polycarbonate mono-pitch roof.
Double-glazed windows to the side elevations. UPVC double-glazed inner door leading into the entrance hall. Entrance Hall Providing access to the accommodation. Tiled floor.
Storage Cupboard Walk-in large storage cupboard with space and plumbing for a washing machine and housing the gas boiler . Adjacent smaller storage cupboard.
Kitchen (2.08 x 5 incl kitchen units (6'9" x 16'4" incl kit) Series of eye-level and base units with rolled-edge work surfaces and tiled splash-backs. Inset single drainer sink unit with mixer tap.
Built-in 4-ring gas hob with an electric oven beneath. Space for an under-counter fridge. Space for a dishwasher. Double-glazed window to the side elevation. Steps leading down into the lounge.
Lounge/Dining Room (5.03 x 4.67 (16'6" x 15'3")) Inset 'Living Flame' gas fire.
Double-glazed windows to the rear and side elevations together with a 'tilt and turn' double-glazed doors opening into the conservatory.
Conservatory (3.93 x 2.62 (12'10" x 8'7")) Mono-pitch polycarbonate roof. Double-glazed full-length windows to both side elevations and the rear. Double doors leading out onto the courtyard area.
Bedroom One Area One (2.63 x 1.95 (8'7" x 6'4")) Originally 2 bedrooms but now arranged as 1 larger room. Double-glazed window to the rear elevation. Built-in storage cupboard.
Archway leading through to the second area. Bedroom One Area Two (3.21 x 2.57 (10'6" x 8'5")) Mirror-fronted fitted wardrobe. Double-glazed window to the rear elevation.
Bedroom Two (3.56 x 2.48 (11'8" x 8'1")) Double-glazed window to the rear elevation. Fitted wardrobe.
Shower Room (1.56 x 1.50 (5'1" x 4'11")) Comprising a shower cubicle with a tiled area surround and a sink unit with a cupboard beneath. Obscured double-glazed window to the front elevation.
Separate Wc (1.61 x 0.74 (5'3" x 2'5")) Fitted with a low level toilet. Half-tiling to all walls. Outside There is a walled-enclosed courtyard area, which is in need of improvement.
Located in a nearby central car park area is the allocated parking space.
Verification has not been provided as yet and we do suggest that you verify this information with your solicitor before proceeding with any purchase.
Services The property is connected to all the mains services: Gas, electricity, water and drainage. Agent's Note There is an annual management charge of £550.
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 6, Stamford Close, Plymouth
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