We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom house · IM1 5BQ
Listing removedReduced £55k (−12.2%) on 21 JulListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial mid terraced period home with a superb view toward the harbour, Douglas Bay ad the hills beyond.
A "blank canvas" for improvement with the bonus of a lower annex that can be separately occupied or amalgamated into a larger home.
4 Bedrooms can be found over the 2 upper floors and there is a large Lounge with excellent views and a kitchen to the rear. Oil central heating. No onward chain.
Location From the Sea Terminal, follow Bath Place and across the lifting bridge over the harbour. Turn right along the South Quay and take the first left up Fort Anne Road.
The property can be found a short distance on the left hand side.
Ground Floor - Entry Level Porch (6' 3'' x 21' 4'' (1.9m x 6.5m)) Separate WC (7' 7'' x 7' 10'' (2.3m x 2.4m)) Entrance Hallway (12' 2'' x 21' 0'' (3.7m x 6.4m) Max) Kitchen (12' 6'' x 14' 1'' (3.8m x 4.3m)) Living Room (19' 4'' x 16' 1'' (5.9m x 4.9m)) Stairs To First Floor Front Bedroom (11' 6'' x 14' 1'' (3.5m x 4.3m)) Bathroom (7' 7'' x 14' 1'' (2.3m x 4.3m)) Rear Bedroom (19' 4'' x 16' 1'' (5.9m x 4.9m)) Storeroom (3' 7'' x 6' 7'' (1.1m x 2.0m)) Stairs To Second Floor Front Bedroom (19' 4'' x 12' 6'' (5.9m x 3.8m)) Bathroom (3' 3'' x 6' 7'' (1.0m x 2m)) Rear Bedroom (19' 4'' x 14' 9'' (5.9m x 4.5m)) Lower Ground Floor - Separate Annex Access via front steps down into the outside Patio Area.
Various Storage units off.
Utility (6' 3'' x 10' 6'' (1.9m x 3.2m)) Hallway (6' 7'' x 10' 6'' (2.0m x 3.2m)) Bedroom (15' 1'' x 13' 9'' (4.6m x 4.2m)) Bathroom (13' 1'' x 7' 3'' (4.0m x 2.2m)) Family Room (11' 2'' x 16' 9'' (3.4m x 5.1m)) Kitchen (7' 10'' x 17' 1'' (2.4m x 5.2m)) Separate Lower Basement (19' 0'' x 17' 1'' (5.8m x 5.2m)) Outside Rear paved patio.
Sloping garden planted with mature shrubs to the lower boundary wall. Walkway to South Quay and Douglas centre. Services Mains water, electricity and drainage. Oil central heating?
Viewing Viewing is strictly by appointment through chrystals. Please inform us if you are unable to keep appointments. Possession Vacant possession on completion of purchase.
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.
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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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 16 Fort William, Head Road, 16 Fort William, Head Road, Douglas
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