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See how verdicts work2-bedroom terraced house · IM2 4PJ
Under offerListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3 Summerhill Place presents a unique opportunity to acquire an end-terrace two-bedroom property with an exceptional additional feature rarely found with a home of this type.
The property benefits from a large double garage and workshop, together with a spacious hobbies room above and a shower room.
Subject to the necessary planning permissions, this could offer exciting potential for use as a holiday let or additional accommodation.
The main accommodation begins with an entrance hallway providing access to the first floor and the living room.
The living room is bright and welcoming, with a large window allowing plenty of natural light to fill the space, useful storage beneath the stairs and double doors leading through to the kitchen.
The kitchen is fitted with a good range of wall and base units, together with a selection of appliances. There is also a useful storage cupboard and a door leading out to the rear yard.
The enclosed rear yard provides a private outdoor space and also gives direct access into the workshop, making it particularly practical for those requiring additional storage, workspace or hobby areas.
To the first floor are two good-sized double bedrooms, both of which are bright and airy, along with a family bathroom and access to the loft.
The combination of comfortable living accommodation and the substantial garage, workshop and hobbies room makes this a particularly versatile property with considerable potential for a variety of uses, subject to any required permissions.
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 advisers before making any investment decisions.
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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 3, Summerhill Place, Douglas
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