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 work3-bedroom house · IM9 1AJ
For saleReduced £10k (−3.7%) on 23 JunListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No.8 Milner Terrace is a traditional three-bedroom terraced home situated in the sought-after harbour town of Castletown.
The property enjoys an excellent location just moments from the picturesque harbour, local shops, restaurants, and everyday amenities.
The ground floor provides an open plan kitchen and living space, creating a sociable and practical layout for modern living.
From here, doors lead out to a sunny enclosed courtyard, offering a pleasant and low-maintenance outdoor space. On the first floor there is a double bedroom and family bathroom.
The upper floor provides two additional bedrooms, offering flexible accommodation suitable for family living, guests, or home working.
With the harbour just a short walk from the front door, this property presents an excellent opportunity for first-time buyers, investors, or those seeking a home within one of the Island’s most historic coastal towns.
Inclusions - Fixtures and fittings, Curtains/blinds, Light fittings, Fitted floor coverings. Appliances - All integrated appliances.
Tenure - Freehold Heating - Gas Fired Boiler Services - Mains water, electricity, and drainage Money Laundering Regulations In accordance with current legislation, the successful purchaser(s) will be required to provide the selling agents with evidence of identity and proof of address to satisfy the Money Laundering Regulations.
Further information on the required documentation can be provided upon request
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
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FAQ
About 8, Milner Terrace, Isle Of Man
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