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 work3-bedroom semi-detached house · IM2 3LA
Sold STCListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Ground Floor Entrance Porch (approx. 3'5 x 2'11) Entrance Hallway (approx. 13'7 x 3'5 max) Lounge (approx. 16'4 x 15'8 x into Bay) Dining Room (approx. 12'8 x 12'4) Kitchen (approx.
10'1 x 9'2) First Floor Landing (approx. 8'3 x 5'10) Bedroom 1 (approx. 16'4 max x 13'0) Bedroom 2 (approx. 16'4 max x 10'1) Bedroom 3 (approx. 9'8 x 8'9) Family Bathroom (approx.
8'9 x 7'6) Outside To the front of the property there is a patio garden with a number of mature shrubs.
Dwarf walled boundaries with a wrought iron gate providing access to the footpath leading to the front door. Plenty of roadside parking.
To the rear of the property there is a sunny patio garden with mature trees, fenced boundaries and access to the rear service lane. Single Garage Accessed from the rear service lane.
Please note that the garage with the black door shown in the pictures is not included. Services All main services are connected. Gas fired central heating. uPVC double glazed throughout.
Directions Travelling from the Quarterbridge, continue onto Quarterbridge Road in the direction of Bray Hill.
Shortly before the traffic light junction with Tromode Road, turn right onto Brunswick Road. At the junction with Albany Road, turn left onto Cronkbourne Road.
Continue for a short distance and take the next right hand turning into Cronkbourne Avenue where number four can be found on the right hand side, clearly identified by our For Sale board.
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
FAQ
About 4 Cronkbourne Avenue, Douglas, IM2 3LA
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