4-bedroom house · IM2 4HX
Listing removedListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious end of terrace family home offers versatile accommodation arranged over four levels, making it an ideal choice for a growing family.
Situated in a central Douglas location, the property is within walking distance of schools, shops and a wide range of local amenities.
The home provides generous and flexible living space throughout, including the rare advantage of a potential lower ground floor annex-perfect for a teenager, multi-generational living or guest accommodation.
The main living accommodation includes a comfortable living room and a separate dining kitchen, providing practical family space.
To the first floor are three bedrooms, along with a family bathroom, while the landing also provides access to a second floor attic room offering further versatility as a hobbies room, office or occasional accommodation.
At lower ground floor level, with direct access to the rear garden, is a potential self-contained annex area comprising bedroom four, a utility area and a cloakroom (WC) with shower.
A particularly rare feature at this price point is the inclusion of two single garages, ideal for a motor enthusiast, motorbike collector, additional storage or even potential supplementary income.
Externally, the property benefits from an attractive front garden finished with artificial grass for ease of maintenance.
To the rear is a low-maintenance stoned area providing additional parking and access to the two garages.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Oven and 4 ring hob, dishwasher, fridge/freezer, washing machine and tumble dryer Tenure Freehold Rates Treasury tel and Douglas Borough tel Heating Oil Windows uPVC double glazing
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.
Area
Agent & docs
FAQ
About 23, Princes Road, Douglas
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