3-bedroom house · IM2 4JA
Sold STCListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Specification Newly fitted Air Source Heat Pump in 2023 Newly fitted windows throughout in 2024 Newly fitted carpets throughout Updated bathroom and W.C.
In 2026 - due to be completed (photos to follow) New fuse box installed Accommodation Ground Floor Entrance Porch (approx. 6'0 x 3'3) Entrance Hallway (approx. 13'8 x 8'2 max) Living Room (approx.
15'9 into Bay x 13'4) Dining Room (approx. 11'11 x 11'1) (into Bay 14'10) Kitchen (approx. 10'5 x 8'6) Office (approx. 8'1 x 8'6) First Floor Landing (approx. 8'2 x 6'9) Bedroom 1 (approx.
13'9 x 11'1) Bedroom 2 (approx. 11'11 x 11'1) Bedroom 3 (approx. 9'5 x 8'2) Family Bathroom (approx. 8'6 x 8'2) Top Floor Hobbies Room/Potential Bedroom 4 (approx.
17'9 x 14'1) Outside To the front of the property there is a lawned garden providing access to the footpath leading to the front door.
At the back of the property there is potential for parking or a garden. Single Garage (approx. 16'10 x 9'2) Located a short walk from the rear of the property.
Services All main services are connected. Air Source Heat Pump added 2023. UPVC double glazed throughout also added 2023.
Directions Travelling along Douglas Promenade, continue past the Gaiety Theatre and bear left at the roundel, proceed up Broadway and turn right at the traffic lights on Victoria Road.
Take the fifth turning on the left hand side onto Princes Road.
Take the second right hand turning into Marathon Avenue and continue to near the bend where number fifteen can be found on the left hand side, clearly identified by our For Sale board.
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 15,Marathon Avenue, Douglas
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