3-bedroom semi-detached house · IM2 7AQ
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Ground Floor Entrance Hallway (approx. 14'0 x 6'3) Lounge (approx. 14'0 x 10'6) Kitchen/Diner (approx. 11'9 x 7'5 & 11'9 x 9'8) Utility Room (approx. 10'6 x 7'3) Downstairs W.C. (approx.
4'8 x 2'11) First Floor Landing (approx. 9'7 x 6'3) Bedroom 1 (approx. 11'5 x 10'6) Bedroom 2 (approx. 13'0 x 10'6) Bedroom 3 (approx. 8'4 x 8'0) Family Bathroom (approx.
7'10 x 6'3) Outside To the front of the property there is a lawned garden with a driveway to one side providing off road parking for one vehicle and access to both the garage and side of the property.
To the rear of the property there is a private and enclosed lawned garden with a patio area, flowerbed and fenced boundaries. Integral Single Garage (approx.
16'6 x 10'4) Fitted with an up and over garage door to the front aspect. Services All main services are connected. Gas fired central heating. uPVC double glazed throughout.
Directions Travelling up Johnny Watterson's Lane in the direction of the Mountain Road. Turn right, into Governors Hill, and continue past Hailwood Court.
Follow Hailwood Avenue straight ahead, passing Cronk Y Berry Primary School, the turning to Lakeside Road and the playground.
Take the next left hand turning and bear right, taking the second right hand turning into Crovens Close where number six can be found a short distance along on the left hand side, clearly identified by our For Sale board.
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
Agent & docs
FAQ
About 6 Crovens Close, Governors Hill, Douglas, IM2 7AQ
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