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 work6-bedroom detached house · IM3 2JQ
Listing removedReduced £125k (−11.1%) on 23 JunListed 444 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on an elevated corner plot in one of the Isle of Man’s most sought-after coastal locations, this substantial and beautifully presented family home boasts some sea views towards Douglas Bay.
Just a short, scenic drive from Douglas promenade, beach, town centre, and a wide range of restaurants, this home offers the perfect blend of space and convenience.
Planning applications have been previously approved with the most recent application (now lapsed) including the erection of a replacement extension - all documents and information relating to the planning application can be viewed by clicking here!
Designed with modern family living in mind, the property features a versatile and expansive layout ideal for growing families.
At the heart of the home is a stunning open-plan dining kitchen and family room, thoughtfully designed for everyday living and entertaining.
A utility room and ground floor cloakroom (WC) complete the practical living spaces.
The impressive living room is a standout feature, offering a welcoming and contemporary space with a coffered ceiling incorporating LED lighting, and a striking media wall including a fire and ambient lighting - perfect for relaxing or hosting guests in style.
The ground floor also includes a private study ideal for remote working, and two of the home's six bedrooms.
Both of the ground floor bedrooms benefit from en-suites and the larger bedroom of the two also has a built-in sauna within the en-suite.
Upstairs, the principal suite commands sea views and opens onto a private glazed balcony. This beautifully appointed suite also features a dressing room and a luxury en-suite shower room.
Three further bedrooms and a family bathroom complete the upper level. Externally, the property offers a private driveway, integral double garage, and warp around lawned gardens.
The private rear garden has been designed for ease of maintenance with artificial grass, and there is a large raised decked sun terrace providing the perfect setting for outdoor dining and entertaining.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Electric double oven, halogen hob with extractor hood, fridge freezer, dishwasher and wine cooler Tenure Freehold Rates Treasury tel and Onchan Commissioners tel Windows uPVC double glazing Heating Oil
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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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
FAQ
About 5, Majestic Drive, Onchan
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