6-bedroom terraced house · IM2 3LD
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A remarkably spacious six-bedroom period townhouse in a convenient Douglas location, offering extensive family accommodation over three floors, generous reception space and useful private outdoor areas.
5 Albany Street is an impressive traditional red-brick home which offers considerably more accommodation than its frontage might initially suggest.
The ground floor provides excellent living space, beginning with an entrance porch and hallway leading into a generous bay-fronted living room.
A separate dining room provides plenty of space for family dining and entertaining, while to the rear is a well-appointed modern kitchen featuring a central island, extensive work surfaces and a good range of fitted units.
Beyond the kitchen is useful additional storage. The first floor provides three bedrooms, together with the principal family bathroom and a separate WC.
The accommodation continues to the second floor, where there are three further bedrooms plus a separate office/study, giving the property considerable flexibility for larger families, those working from home or purchasers wanting dedicated hobby or guest accommodation.
Externally, the property enjoys useful private paved areas together with additional storage space.
From the upper floors there are elevated views across the rooftops of Douglas towards the surrounding countryside and hills.
The property combines traditional features, including attractive timber joinery and period proportions, with a modernised kitchen and considerable scope for a purchaser to personalise the remaining accommodation over time.
With six bedrooms, two substantial reception rooms and an additional office, this is a home where the sheer amount of usable space should be at the forefront of the marketing.
Conveniently positioned for Douglas town centre and its surrounding amenities, the property should particularly appeal to larger families, buyers requiring home-working space, or purchasers looking for a substantial period property offering significantly more accommodation than many homes in this price bracket.
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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.
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FAQ
About 5 Albany Street, Isle Of Man
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