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 1LL
Listing removedListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of the Island's historic capital, this beautifully extended period home perfectly combines timeless character with stylish contemporary living.
Enjoying a highly convenient location, the property is within easy walking distance of Castletown's charming shops, restaurants, beach, swimming pool and local schools, making it an ideal home for a wide range of purchasers.
The accommodation is beautifully presented throughout, retaining an abundance of period charm while benefiting from high-quality modern fixtures and fittings.
An entrance porch leads into a stunning reception hall, which is currently arranged as an elegant dining area.
A particular feature of this welcoming space is the bespoke display cabinetry positioned either side of the original chimney breast, creating a striking focal point.
To the rear of the property is a superb open-plan traditional-style kitchen, complete with breakfast bar seating and flowing seamlessly into a delightful sun room extension.
Flooded with natural light from three large Velux-style roof lights, the extension also features bi-folding doors opening onto the south-facing patio, creating a wonderful space for modern family living, entertaining and indoor-outdoor living.
The property offers three generous double bedrooms, with the front bedroom on the first floor currently utilised as a beautifully presented additional living room, offering excellent flexibility depending on individual requirements.
There are two stylish shower rooms, one on the first floor and a second located on the top floor alongside the principal bedroom, creating an ideal private principal suite.
Externally, the south-facing paved courtyard provides a superb low-maintenance outdoor space with ample room for a table and chairs, making it perfect for alfresco dining or entertaining, with direct access from the sun room via the bi-folding doors.
Further enhancing the property's practicality is a useful outbuilding, currently arranged as a utility room with an adjoining storage room.
Offering an exceptional blend of period elegance, contemporary styling and a prime central Peel location, this charming home presents a rare opportunity to acquire a character property that has been thoughtfully updated for modern living.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Falcon range oven with gas 5 ring hob, and fridge/freezer Tenure Freehold Rates Treasury tel Heating Gas (newly installed boiler 2026) Windows uPVC double glazing
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
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FAQ
About Croft View, 61 Arbory Street, Castletown
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