4-bedroom terraced house · IM2 4HX
Sold STCListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Ground Floor Entrance Hallway (approx. 16'0 max x 6'4) Lounge (approx. 16'0 x 14'4) Breakfast Kitchen (approx.
21'2 max x 9'6) Lower Ground Floor - Currently used as an annex Potential to extend into the existing void area, subject to planning permission Kitchen & Shower Room Area (approx.
16'9 x 7'8) Bedroom (approx. 16'9 x 9'4) Separate W.C. (approx. 10'0 x 2'8) First Floor Landing Bedroom 1 (approx. 15'11 max x 11'9) Bedroom 2 (approx. 11'4 x 9'6) Bedroom 3 (approx.
12'9 max x 8'11) Family Bathroom (approx. 9'3 x 6'6 max) Top Floor Attic Room (approx.
21'3 x 11'0) Outside To the front of the property there is an easily maintained artificial grass area with dwarfed wall boundaries and a wrought iron gate with a step down, providing access to the footpath which leads to the front door.
To the rear of the property there is an easily maintained yard with a gravelled area, accessed by a set of timber double gates. Detached Double Garage Block Garage 1 (approx.
16'11 x 8'6) Fitted with an up and over garage door. Window to the side aspect. Door providing access to the rear yard area. Garage 2 (approx. 16'11 x 8'6) Fitted with an up and over garage door.
Services All main services are connected. Oil fired central heating. uPVC double glazed throughout.
Directions Travelling from Douglas Promenade, continue to the Villa Marina and turn left up Broadway. Turn right at the traffic lights onto Victoria Road.
Continue for approximately 240m before turning left on Princes Road.
Continue up Princes Road where number 23 can be found on the left hand side, clearly identified by our For Sale board, and opposite the entrance to Marathon Avenue.
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 23 Princes Road, Douglas, IM2 4HX
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