# 3 bedroom house for sale (PL21 9RW) ## Property Details | Key | Value | |-----|-------| | Address | 6 MEAD CLOSE, IVYBRIDGE, DEVON PL21 9RW | | Price | £395,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Construction age | England and Wales: 1991-1995 | | Floor area | 83 m² | | Last sold | £395,000 Dec 2022 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 08/12/2023 — **EXPIRED** (no longer valid for marketing or letting) - **Current heating cost:** £456/year - **Est. upgrade cost to C:** £17,563 ### Recommendations - W (£800 - £1,200) - C (£15 - £30) - E (£40) - N (£4,000 - £6,000) - U (£9,000 - £14,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9215-2871-7820-9407-8185) ## Description An immaculate detached 3-bedroom home in a peaceful cul-de-sac on the popular western side of Ivybridge, sitting in an elevated position with a lovely, open, southerly aspect overlooking a small, protected green and the countryside beyond. **Description** - An immaculate detached 3-bedroom home in a peaceful cul-de-sac on the popular western side of Ivybridge, sitting in an elevated position with a lovely, open, southerly aspect overlooking a small, protected green and the countryside beyond. This beautifully presented home offers well-appointed accommodation with entrance hall, downstairs cloakroom, sitting room with double doors to the south-facing garden and modern kitchen/diner with integrated appliances. Upstairs, there are 3 bedrooms, including master suite with built-in wardrobes and en-suite. There is also a modern family bathroom. Outside, there is a large driveway with space for 2 vehicles. This leads to a detached double garage/workshop with light, power and water connected and additional storage in the eaves. Behind the garage is a separate utility and boot room with space and plumbing for washing machine and tumble dryer; this can be accessed from both garage and garden. The principal garden lies to the side and rear of the house and has been re-landscaped by the current owners to provide an enclosed, south-facing, level lawn with mature flower borders and a patio with pretty pergola. An additional patio sweeps across the rear of the property giving access to the garage and utility area. This house sits on a large plot and could lend itself to further development subject to the relevant consents. This property is offered with no onward chain. **Key Features** - Detached home Popular part of Ivybridge within walking distance to amenities/schools Downstairs cloakroom Separate Utility/Boot room 3 bedrooms Master with ensuite South-facing garden Double Garage & Parking Views No onward chain **Situation & Amenities** - Ivybridge is a family-orientated town with a rich heritage of traditional industries such as milling and cloth making that are still celebrated today. As well as its fascinating history, Ivybridge offers adventure. The countryside and moorland offer miles of magnificent walking trails out of the town, whilst in the town itself you’ll find pubs, eateries and a variety of shops and supermarkets. The property sits within walking distance of the town centre, Dartmoor and Longtimber Woods. There is a good choice of primary schools all within the catchment of the renowned Ivybridge Community College with its World Class Quality Mark Award. There are several places of worship with noteworthy histories, GP and Dental Surgeries, a Minor Injuries Unit, two leisure centres with swimming pools, fitness suites, and various health classes. There is also the charming Watermark Centre with its welcoming library, IT suite, cinema, theatre, coffee shop and conference facilities. If golf is your escape, then there is the 18-hole course at nearby Wrangaton set against the backdrop of the beautiful Ugborough Beacon views. There are also the ever-popular Ivybridge Rugby, Football, Cricket, and Tennis clubs all adding to the community focus of the town. Ivybridge has a wealth of opportunities to welcome you with excellent transport links to Plymouth, Exeter, and London from its own railway station. **Services** - All mains services connected. **Local Authority** - South Hams District Council, Follaton House, Totnes, TQ9 5NE **Council Tax Band** - Council Tax Band: E **Tenure** - Freehold **Viewings** - Strictly by appointment through Christopher’s South Hams, ## Property Photos - ![Mead Close Outside Front.jpg](/listings/photos/124017791/1347327) - Mead Close Outside Front.jpg - ![Mead Close Garden.jpg](/listings/photos/124017791/1347328) - Mead Close Garden.jpg - ![Mead Close Living Room.jpg](/listings/photos/124017791/1347329) - Mead Close Living Room.jpg - ![Mead Close Living Rm2.jpg](/listings/photos/124017791/1347330) - Mead Close Living Rm2.jpg - ![Mead Close Kitchen.jpg](/listings/photos/124017791/1347331) - Mead Close Kitchen.jpg - ![Mead Close Kitchen 2.jpg](/listings/photos/124017791/1347332) - Mead Close Kitchen 2.jpg - ![Mead Close KitchenDiner.jpg](/listings/photos/124017791/1347333) - Mead Close KitchenDiner.jpg - ![Mead Close Downstairs.jpg](/listings/photos/124017791/1347334) - Mead Close Downstairs.jpg - ![Mead Close Bed 1.jpg](/listings/photos/124017791/1347335) - Mead Close Bed 1.jpg - ![Mead Close Shower Rm.jpg](/listings/photos/124017791/1347336) - Mead Close Shower Rm.jpg - ![Mead Close Bed 2.jpg](/listings/photos/124017791/1347337) - Mead Close Bed 2.jpg - ![Mead Close Bed 3.jpg](/listings/photos/124017791/1347338) - Mead Close Bed 3.jpg - ![Mead Close Upstairs.jpg](/listings/photos/124017791/1347339) - Mead Close Upstairs.jpg - ![Mead Close Bathroom.jpg](/listings/photos/124017791/1347340) - Mead Close Bathroom.jpg - ![Mead Close Front.jpg](/listings/photos/124017791/1347341) - Mead Close Front.jpg - ![Mead Close Garden 2.jpg](/listings/photos/124017791/1347342) - Mead Close Garden 2.jpg - ![Mead Close Garden 3.jpg](/listings/photos/124017791/1347343) - Mead Close Garden 3.jpg - ![Mead Close View.jpg](/listings/photos/124017791/1347344) - Mead Close View.jpg ## Floorplans - ![Mead Close Floorplan.jpg](/listings/photos/124017791/1347345) - Mead Close Floorplan.jpg ## EPC Graphs - ![EE Rating](/listings/photos/124017791/1347346) - EE Rating ## FENSA Certificates This property has 3 FENSA certificate(s) on record. ### FENSA Certificate #8572468 - **Address:** 6 Mead Close, Ivybridge, PL21 9RW - **Certificate Issued:** 12/12/2011 - **Work Completed:** 25/11/2011 - **Items:** 1 door(s) ### FENSA Certificate #604682 - **Address:** 6 Mead Close, Ivybridge, PL21 9RW - **Certificate Issued:** 26/08/2003 - **Work Completed:** 11/12/2002 - **Items:** 12 window(s) ### FENSA Certificate #15750874 - **Address:** 6 Mead Close, IVYBRIDGE, PL21 9RW - **Certificate Issued:** 07/05/2023 - **Work Completed:** 28/04/2023 - **Items:** 7 window(s), 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 6 MEAD CLOSE, IVYBRIDGE, SOUTH HAMS, DEVON, PL21 9RW | £395,000 | 09/12/2022 | Detached | | 6 MEAD CLOSE, IVYBRIDGE, SOUTH HAMS, DEVON, PL21 9RW | £345,500 | 24/05/2021 | Detached | | 6 MEAD CLOSE, IVYBRIDGE, SOUTH HAMS, DEVON, PL21 9RW | £280,000 | 01/03/2018 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 23 MALLET ROAD, IVYBRIDGE, SOUTH HAMS, DEVON, PL21 9TD | £180,100 | 04/11/2021 | Other | **Area average:** £180,100 (1 sale) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £565,000 (6 Other, PL21, 2024–2026) - **Deviation:** -30.1% ## Rental Range *ONS Price Index of Private Rents (South Hams). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £900/mo - **Realistic:** £1,000/mo - **Optimistic:** £1,100/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Exeter (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £947/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed Semi-Detached House, High Acre Drive, PL21 | £1,200/mo | 3 | 0.23 miles | OpenRent | **Average rent: £1,200/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.3% (weak for cashflow) - **Max investor price (0.8%):** £150,000 - **Target investor price (1%):** £120,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,200/mo).* - **Gross yield:** 3.6% - **Cost-to-rent:** 27.4× - **Monthly cashflow:** £-501/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -5.2% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £4,759/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 62.9% - **10y growth:** -44.8% ## House Price Index (HM Land Registry) *Official index for South Hams; All dwelling types series; as of April 2026.* - **1y growth (index):** 0.1% - **5y growth (index):** 11.2% - **10y growth (index):** 26.3% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)