3-bedroom terraced house · IM4 2HZ
Under offerListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought-after Mount Murray development, this well-maintained home offers spacious and versatile accommodation in a peaceful residential setting, with the added benefit of no onward chain.
The Comis Hotel, golf course and The Forge restaurant are all within easy walking distance, while Douglas city centre, the Sea Terminal and the airport are all within easy reach by car or bus, making the location ideal for both lifestyle and convenience.
The property offers bright and well-balanced accommodation throughout, providing a comfortable home that is ready for immediate occupation while also offering scope for a new owner to add their own style over time.
A light and airy living room provides a welcoming main reception space, while the bright conservatory leads into the garden.
The separate kitchen is practical and well laid out, with good workspace and storage.
The accommodation includes three double bedrooms, one of which is conveniently located on the ground floor, offering flexibility for guests, home working or multi-generational living.
The main bathroom is also situated on the ground floor, while the principal bedroom benefits from an en-suite featuring both a separate bath and shower.
Externally, the property benefits from a driveway providing off-road parking, a garage, and a sunny rear garden offering a pleasant and private outdoor space.
Move-in ready and offering the opportunity to personalise over time, this is a home well suited to a range of buyers seeking space, flexibility and a highly convenient location.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Oven, 4 ring hob, fridge, freezer, washing machine, dishwasher Tenure Freehold Rates Payable Treasury tel - and Douglas Borough tel - Services 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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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 49, Murrays Lake Drive, Douglas
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