3-bedroom terraced house · PL4 7JX
Sold STCListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented, three letting room STUDENT INVESTMENT property, situated in a PRIME central location, with EASY access to the City Centre and Mutley Plain.
Currently FULLY LET until August 2027 on 48-week contracts, producing a gross income of £18,000 per annum.
The accommodation comprises of an entrance vestibule, entrance hall, communal room, fitted kitchen, cloakroom and separate shower room, three letting rooms, a convenient utility room and storeroom.
Further benefits include double glazing and central heating.
EPC - D Opaque double glazed panelled door to; ENTRANCE VESTIBULE Half glazed door to; ENTRANCE HALL Door to cloakroom, stairs to first floor with storage cupboard under, panelled radiator.
CLOAKROOM Modern white suite comprising low level WC, wash hand basin, panelled radiator, opaque windows to front and side elevations.
COMMUNAL ROOM 10'4 x 10'1 (3.2m x 3.1m) Brick fireplace with wooden mantle over flanked by two base storage cupboards and eye level storage cupboards over, wood laminate flooring, panelled radiator, window to front elevation, archway to; KITCHEN 10'4 x 10'1 (3.2m x 3.1m) Fitted with a range of cream matt base and eye level storage cupboards, wood effect worktops, inset single bowl single drainer stainless steel sink unit, integrated oven and 4 burner gas hob with extractor canopy over, space for under counter fridge and freezer, wall mounted gas boiler providing hot water and central heating, window to front elevation.
Archway to; UTILITY ROOM 10'1 x 4'5 (3.1m x 1.4m) Single bowl single drainer stainless steel sink unit with storage cupboards under, under counter recess area with plumbing for a washing machine, space for an upright fridge freezer, window to side elevation.
LETTING ROOM ONE 10'1 x 9'8 (3.1m x 3m) Panelled radiator, UPVC double glazed window to front elevation, wood laminate flooring. FIRST FLOOR LANDING Access to the loft space.
LETTING ROOM TWO 10'8 x 10'1 (3.3m x 3.1m) Panelled radiator, wood laminate flooring, UPVC double glazed window to front elevation.
SHOWER ROOM White suite comprising glazed double shower cubicle with mixer shower, pedestal basin, low level WC, panelled radiator, extractor fan, opaque UPVC double glazed window to front elevation.
STOREROOM 7'5 x 7'5 (2.3m x 2.3m) Panelled radiator, UPVC double glazed window to front elevation.
LETTING ROOM THREE 10'4 x 10'4 (3.2m x 3.2m) Panelled radiator, wood laminate flooring, a dual aspect room with UPVC double glazed windows to front and side elevations.
BUYERS INFORMATION As part of the purchasing process, we are required by law to carry out identity and Anti-Money Laundering checks on all purchasers of a property, in line with Money Laundering Regulations.
We therefore charge buyers an AML and administration fee of £30.00 including VAT for 1 applicant or £50.00 including VAT for 2 applicants.
To complete these checks, we use an approved third-party verification provider. The checks must be completed before we are able to formally proceed with your purchase.
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
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 Marina Cottage, Mutley. 3 letting room student investment.
Explore nearby