Semi-detached house · IM9 6HB
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Large, semi-detached, four-storey Victorian property on a corner plot in a fantastic location, just a minute’s walk from the beach, local shops and amenities.
The property is in a derelict condition and requires full renovation. Offers excellent potential for conversion and development. Former planning approval. No onward chain.
Location Travelling through Port Erin along Station Road, turn left into Strand Road, Trader Jacks is on the right hand side on the corner. Services Mains water and drainage, electricity.
Possession Freehold. On completion of purchase. No onward chain.
The company do not hold themselves responsible for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.
Disclaimer - Notice is hereby given that these particulars, although believed to be correct do not form part of an offer or a contract.
Neither the Vendor nor Chrystals, nor any person in their employment, makes or has the authority to make any representation or warranty in relation to the property.
The Agents whilst endeavouring to ensure complete accuracy, cannot accept liability for any error or errors in the particulars stated, and a prospective purchaser should rely upon his or her own enquiries and inspection.
All Statements contained in these particulars as to this property are made without responsibility on the part of Chrystals or the vendors or lessors.
Former Planning Applications For indication only - ajacent land may be required Application 06/02155/B - submitted 12.12.06, approved 10.9.07 Demolition of existing buildings and erection of block of 18 Apartments (drawing numbers 06-6103-1A, 06-6103-2A and 06-6103-3A) Application 06/00150/B - submitted 27.1.06, approved 21.4.06 Conversion of existing dwelling over "Trader Jacks" into three self-contained apartments.
(Drawing number dld 01/131/2) Application 03/01555/B - submitted 22.10.03, approved 24.5.04 Erection of a terrace of five town houses (Drawing numbers dld 03/2418/1(a) and dld 03/2418/2 (a) The above is not an exhaustive list of the planning history relating to the site or all drawings and documents related to the listed approvals.
The information is intended to give a guide of what development may be achieved on the site. Further information can be found at iom Government Planning Department - online search facility.
Value & comps
No previous sales on record.
Returns
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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 Trader Jacks, Strand Road, Trader Jacks, Strand Road, Port Erin
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