2-bedroom house · IM2 4BL
Listing removedListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ballaquayle Lodge, located on Lower Dukes Road in Douglas, is a charming detached two bedroom property offering a rare opportunity in a prime central location.
Requiring modernisation throughout, the property presents excellent potential for a purchaser to update and create a lovely home while benefiting from features seldom found so close to the centre of Douglas.
A particularly unique feature of this property is the private driveway which leads to a forecourt providing access to three garages, an exceptional advantage for a central Douglas property and ideal for those requiring extensive parking, storage or workshop space.
The accommodation begins with a welcoming entrance porch which opens into the hallway, where stairs lead to the first floor and doors provide access to the principal ground floor rooms.
The kitchen offers a range of wall and base units and also houses the oil fired boiler.
The living room spans the full width of the property, creating a bright and spacious reception area with sliding glazed doors opening onto the rear garden.
Off the living room there is a useful additional room which could serve as a hobbies room, study or storage space.
A conservatory is also accessed from this area and provides further access to the rear garden, creating an enjoyable connection between the indoor living space and the outside.
To the first floor there are two double bedrooms along with a generously sized family bathroom fitted with a bath and a separate shower cubicle.
Externally the property enjoys a pleasant garden area which is a wonderful feature for such a central location, with lawned space and useful outbuildings.
The standout feature remains the private driveway and forecourt leading to the three garages, offering excellent parking and storage facilities.
One of the garages has been measured and is shown on the floor plan.
Value & comps
No previous sales on record.
Returns
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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 Ballaquayle Lodge, Lower Dukes Road, Isle Of Man
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