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 terraced house · IM3 1NB
Listing removedListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive mid-terrace period home is conveniently situated within a short walk of local shops, schools, Onchan Park, and the village centre.
Deceptively spacious throughout, the property is ideally suited to a growing family and seamlessly blends an abundance of period-style charm with modern, high-quality fixtures and fittings.
The accommodation is centred around an impressive 24ft living/dining room, featuring a bay window to the front aspect that floods the space with natural light and provides an excellent setting for both everyday living and entertaining.
A modern, stylish kitchen completes the ground floor, with the added benefit of an externally accessed utility room/store for practical storage and laundry needs.
To the first floor are three good-sized bedrooms, complemented by a modern family bathroom. Externally, the property benefits from a large, separate fenced garden accessed via a right of way.
The garden is mainly laid to lawn and features a raised decking area, making it ideal for alfresco dining and entertaining, Inclusions All fitted floor coverings, blinds, and light fittings Appliances Oven and 4 ring hob, fridge/freezer, dishwasher Tenure Freehold Rates Treasury tel - and Onchan Commissioners tel - Heating Oil 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 42, Summerhill Road, Onchan
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