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 work8-bedroom detached house · IM9 1AZ
For saleListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a home of genuine rarity - a grand Georgian estate offering seclusion, scale and heritage in equal measure, set within the heart of Castletown, the island's ancient former capital.
History & Provenance Emerging in its present form by 1828, Lorne House carries a lineage few island properties can match.
For a period it served as the official residence of the island's Lieutenant Governor, and it remains a registered building of the Isle of Man - recognised for its architectural and cultural importance.
Named after a district of Scotland, the house was described in accounts of its time as a magnificent building, and it is no less impressive today.
The House The principal residence offers seven bedrooms, five of which benefit from en-suite facilities, together with seven reception rooms of generous proportion.
The accommodation flows naturally between formal and informal spaces, equally suited to grand entertaining and comfortable everyday living.
The interiors have been comprehensively and sensitively updated, combining period character with a refined contemporary sensibility that respects the home's considerable heritage.
The Grounds Extending to approximately 6.5 acres, the fully enclosed walled grounds deliver a level of privacy that is quite exceptional for a property so centrally located.
Mature orchards, paddocks and beautifully restored walled gardens create a succession of distinct outdoor spaces, while the outlook towards Castle Rushen - one of the best-preserved medieval castles in the British Isles - lends the setting an atmosphere that simply cannot be replicated.
Location Castletown offers an enviable quality of life, with a sandy beach, harbour, restaurants, an acclaimed links golf course, private school and the Isle of Man Airport all within close reach.
Lorne House represents a once-in-a-generation opportunity to acquire a home of true national significance
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About Douglas Street, Lorne House, Isle Of Man
Explore nearby