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See how verdicts work3-bedroom bungalow · IM2 5HE
For saleReduced £30.1k (−5.5%) on 29 SepListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this attractive detached true bungalow occupies a highly sought-after position along Ballanard Road, one of Douglas's most desirable residential locations.
Enjoying a generous plot, the property is conveniently situated within easy reach of the city centre, while local bus routes, a neighbourhood shop and school are all just a short walk away.
A particular feature of the property is its impressive overall plot, offering tremendous potential for those with a passion for gardening or purchasers wishing to extend the existing accommodation, subject to obtaining the necessary planning permissions and building regulations.
The bungalow offers spacious and well-proportioned accommodation throughout.
A comfortable living room provides an inviting space to relax, while the generous dining kitchen forms the heart of the home and is complemented by a delightful sun room overlooking the gardens, creating an additional reception area to enjoy throughout the seasons.
There are three generous double bedrooms, all benefiting from fitted wardrobes or built-in storage, and a well-appointed family bathroom featuring both a separate bath and shower.
Externally, a driveway provides off-road parking and leads to the attached garage, offering further parking or useful storage.
Extensive front and rear gardens feature a variety of established shrubs, mature trees and hardstanding areas, providing a wonderful framework for a keen gardener to create their own landscaped haven.
The size of the plot also enhances the property's future potential, making it an exciting opportunity for those looking to personalise or further develop the home.
Combining spacious single-level living, an exceptional plot and a prime Douglas location, this delightful bungalow presents a rare opportunity for purchasers seeking a home with both immediate appeal and outstanding future potential.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Oven and 4 ring hob Tenure Freehold Rates Treasury tel and Douglas Borough tel Heating Gas Windows uPVC double glazing
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 Claghyn Glassey, 62 Ballanard Road, Douglas
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