2-bedroom terraced house · IM1 1BS
For saleReduced £10k (−4.2%) on 12 SepListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom terraced home conveniently located in central Douglas, within easy walking distance of the town centre and a wide range of local amenities.
The accommodation offers a comfortable and practical layout that would be particularly well suited to first-time buyers, couples or those looking for a conveniently positioned property close to the heart of Douglas.
To the front of the house is a welcoming reception room featuring a log-burning stove, providing an attractive focal point and a cosy living space.
To the rear is a generously sized kitchen with plenty of room for everyday use, complemented by a useful utility area providing additional storage and practicality.
The first floor provides two bedrooms together with the family bathroom. Externally, the property benefits from an enclosed rear yard with access onto a rear passageway.
Peveril Terrace enjoys an extremely convenient location within walking distance of Douglas town centre, shops, schools, restaurants, public transport and other everyday amenities.
An excellent opportunity for a first-time buyer seeking a traditional two-bedroom home in a highly accessible location.
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
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FAQ
About 8, Peveril Terrace, Douglas
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