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 work4-bedroom bungalow · IM8 3LT
Under offerListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ACCOMMODATION Located in the popular residential area of Ramsey, this well-presented four-bedroom bungalow on Rheast Mooar Close offers spacious, versatile living in a highly convenient setting close to local amenities.
A real highlight of the bungalow is the large main living room, which creates a warm and inviting central space for the home.
Generously proportioned, it provides an ideal setting for both everyday family life and entertaining guests, with plenty of room for comfortable seating and a relaxed, welcoming feel throughout.
The accommodation includes four well-sized bedrooms, with two positioned on the upper floor.
The principal upstairs bedroom benefits from a private en-suite, offering a comfortable and practical retreat.
The additional bedrooms provide flexibility for family members, guests, or use as a home office or hobby space.
To the rear, the conservatory adds further living space, filled with natural light and offering a peaceful spot to relax while enjoying views of the garden.
Externally, the property also benefits from garage space, providing useful storage or secure parking.
Well located within easy reach of shops, schools, and other local amenities, this bungalow combines spacious living with everyday convenience, making it an excellent choice for families or those looking to downsize without compromising on space.
THINKING OF SELLING? We are professionally qualified estate agents and licensed members of the National Association of Estate Agents (NAEA).
We provide free of charge walk through valuations based on properties that have sold so the valuation is far more accurate and realistic in this buoyant market.
We will also advise and listen to your thoughts and plans.
Give us a call on or email us at 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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 Rheast Mooar Close, Ramsey, Isle of Man, IM8
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