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See how verdicts work4-bedroom house · IM1 3LA
For saleReduced £20k (−5.7%) on 24 OctListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No.9 Richmond Grove is a spacious terraced townhouse situated in an established residential location in the heart of Douglas.
The property enjoys a convenient setting within easy reach of local shops, Douglas promenade, the beach, and the town centre.
Arranged over four floors, the property offers flexible and generously proportioned accommodation suited to a variety of lifestyles.
The ground floor comprises a sitting room and separate dining room, providing two reception spaces ideal for both family living and entertaining.
Doors lead directly from the rear reception room onto the garden terrace. The kitchen is also located on this level.
The lower ground floor is currently utilised as a bar and games room, creating a fantastic recreational space, complemented by a separate utility room.
On the first floor there are two double bedrooms together with a well-appointed family bathroom. The second floor provides two further bedrooms, one of which benefits from en suite facilities.
Externally, the property enjoys an enclosed rear garden arranged over terraced levels, providing outdoor seating and entertaining space.
Offering excellent accommodation over four floors and a highly convenient location, this property represents an excellent opportunity for those seeking a spacious home within easy reach of Douglas amenities.
Inclusions - Fixtures and fittings, Curtains/blinds, Light fittings, Fitted floor coverings. Appliances - All integrated appliances.
Tenure Freehold Heating - Oil Services - Mains water, electricity, and drainage
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.
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
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FAQ
About 9, Richmond Grove, Isle Of Man
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