3-bedroom house · IM9 6QU
Listing removedListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached dormer bungalow, situated on a generous corner plot, requiring full modernisation. Superb elevated position enjoying fabulous panoramic views towards the sea.
Accommodation comprises hallway, lounge, kitchen, dining room/bedroom 3, utility, hobbies room and bathroom on the ground floor, upstairs there are 2 double bedrooms and a dressing room.
Outside is a double driveway and wrap-around gardens. No onward chain. Location Travelling out of Port Erin along Station Road, turn left into Ballafesson Road and proceed to the junction.
Bear left towards Surby and continue past the Chapel. Take the second turn on the right hand side into Mill Road and turn first right into Garth Avenue.
Travel ahead and the property is along towards the top of the road on the left hand side. Entrance Porch Hallway Staircase up. Understairs storage cupboard.
Lounge (22' 0'' x 12' 7'' (6.70m x 3.83m)) Fabulous views. Bedroom 3 (11' 7'' x 10' 8'' (3.53m x 3.25m)) Bathroom Bath with shower over, wash hand basin in unit and w.c. Tiled walls and flooring.
Dining Room (11' 7'' x 10' 0'' (3.53m x 3.05m)) Kitchen (21' 7'' x 8' 8'' (6.57m x 2.64m)) Fitted base units. Oil fired central heating boiler.
Rear Porch Hobbies Room (13' 0'' x 8' 2'' (3.96m x 2.49m)) First Floor Landing Storage cupboard. Bedroom 2 (12' 7'' x 12' 0'' (3.83m x 3.65m)) Built-in wardrobe. Lovely views.
Bedroom 1 (14' 5'' x 11' 5'' (4.39m x 3.48m)) Loft. Access. Undereaves storage. Picturesque views towards sea and distant hills.
Dressing Room (12' 1'' x 8' 2'' (3.68m x 2.49m)) Outside Generous corner plot with wrap-around gardens mainly laid to lawn. Large double driveway. Store housing oil tank.
Services Mains water, drainage and electricity. PVC double glazing. Oil central heating. Possession Freehold. Vacant possession on completion. No onward chain.
The company do not hold themselves responsible for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.
Disclaimer Notice is hereby given that these particulars, although believed to be correct do not form part of an offer or a contract.
Neither the Vendor nor Chrystals, nor any person in their employment, makes or has the authority to make any representation or warranty in relation to the property.
The Agents whilst endeavouring to ensure complete accuracy, cannot accept liability for any error or errors in the particulars stated, and a prospective purchaser should rely upon his or her own enquiries and inspection.
All Statements contained in these particulars as to this property are made without responsibility on the part of Chrystals or the vendors or lessors.
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
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FAQ
About Reayrt Marrey Garth Avenue, Reayrt Marrey, Garth Avenue, Port Erin
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