3-bedroom terraced house · IM2 3LD
Sold STCListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting a rare and lucrative investment opportunity, this three bedroom end of terrace house is offered to the market with no onward chain and is available exclusively to cash buyers.
The property is currently configured as three self-contained one bedroom apartments, each offering well-proportioned living accommodation and strong rental demand, making it an ideal addition to any investment portfolio.
With an estimated yield potential of approximately 7 percent, plus additional income generated from two single garages (included with the property), this asset offers multiple income streams and scope for excellent returns.
Each apartment benefits from its own private entrance, creating a sense of independence and privacy for tenants, while the interiors are bright and neutrally decorated, allowing for easy personalisation.
The apartments feature well-appointed kitchens, comfortable living areas and modern shower rooms, ensuring a comfortable living environment for occupants.
The property is arranged over two floors, with a practical layout that maximises the use of space and provides versatility for future reconfiguration, subject to the necessary consents.
The inclusion of two single garages offers valuable storage or parking options and represents an additional rental opportunity for investors seeking to maximise their returns.
Located in a popular residential area with strong local amenities, reliable transport links and easy access to the town centre, this property is ideally positioned to attract professional tenants and those seeking convenient urban living.
The absence of an onward chain allows for a swift and straightforward transaction, enabling investors to realise returns without unnecessary delay.
This property represents an exceptional chance to acquire a ready-made investment with proven income streams and further potential for enhancement.
Whether you are an experienced landlord looking to expand your portfolio or a new investor searching for a high-yielding asset, this end of terrace house is certain to impress with its flexible layout, multiple income opportunities and desirable location.
Early viewing is highly recommended to appreciate the full scope and potential of this unique investment offering.
For further details or to arrange a viewing, please contact our office at your earliest convenience.
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
FAQ
About 17 Albany Street, Isle Of Man
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