3-bedroom house · IM2 5BB
Under offerListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a spacious three-bedroom mid-terraced home, ideally positioned on Lancaster Road within easy reach of Douglas town centre, local schools, shops and the promenade.
Offering well-proportioned accommodation throughout, the property comprises a welcoming lounge, separate dining room and kitchen, together with three good-sized bedrooms and a family bathroom.
The property provides a fantastic blank canvas for the new owner, with the bathroom now ready for modernisation and the absence of carpets allowing the purchaser to choose their preferred flooring and finish from the outset.
Importantly, the property has already benefited from two significant upgrades, with a new Worcester oil-fired boiler and a complete re-wire both carried out in 2026.
The home is also offered with no onward chain, helping to provide a straightforward purchase.
To the rear is a south-facing yard, which enjoys a sunny aspect and provides a pleasant space for outdoor seating.
A useful workshop/utility room adds further practical space for storage, laundry or hobbies.
Combining generous accommodation, valuable recent improvements and considerable potential to personalise and modernise, 21 Lancaster Road represents an appealing opportunity for first-time buyers, families or investors alike.
INCLUSIONS Light fittings. DISCLAIMER Whilst Manxmove Ltd believe that these details are correct, neither Manxmove Ltd or their clients guarantee their accuracy in any way.
Consequently, these details are not to be used to form part of any legally binding contract.
Prospective purchasers or tenants are advised to visit this property to satisfy themselves as to the correctness of these details.
Please note, we use wide angle camera lenses in order to show as much of each room as possible.
This is not intended to mislead any prospective purchasers or tenants in any way and an honest verbal description is always available prior to viewing if required
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 Lancaster Road, Douglas, IM2
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