We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · IM2 2EU
Listing removedReduced £12.5k (−4.2%) on 18 AugListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Ground Floor Entrance Hallway (approx. 5'7 x 3'1) Open Plan Lounge/Kitchen/Diner (approx. 12'9 x 8'7 & 12'9 x 9'1) Bathroom (approx. 6'9 x 5'2) First Floor Landing (approx.
2'7 x 2'6) Bedroom 1 (approx. 12'9 x 10'3) Bedroom 2 (approx. 9'9 x 6'11) Outside To the front of the property there is a good size lawned area with a driveway to one side providing off road parking.
Footpath leading to the front door. Gated access to one side, leading to the rear garden. To the rear of the property there is a private and enclosed lawned garden with fenced boundaries.
Large storage shed, included in the sale. Services All main services are connected. Gas fired central heating. UPVC double glazed throughout.
Rates iom Government Treasury: £520.80 Douglas City Council: £480.30 Total: £1,001.10 (2026/27).
Directions Travelling from the Quarterbridge along the New Castletown Road, continue straight on at the traffic light junction with Groves Road and take a right at the next set of traffic lights, onto Annacur Lane.
Follow the road round to the left, onto Cushag Road. Proceed past the entrance to Woodlands View and take the next turning on the right, onto Stevenson Way.
Pass Springfield Grange Nursing Home and take the next left hand turning.
Bear left into Ballaquark and follow the road for a short distance where number 115 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
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
.png){kind=logo}
FAQ
About 115,Ballaquark, Douglas
Explore nearby
