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See how verdicts work3-bedroom terraced house · IM2 3NB
Sold STCListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular location on the outskirts of Douglas, this property presents an excellent opportunity for renovation and offers considerable potential for those seeking a project.
The home requires substantial refurbishment throughout and will be suitable for cash buyers only.
The ground floor provides space for a living room, dining room, kitchen and utility room, offering the opportunity to reconfigure and modernise the layout to suit individual requirements.
The property also benefits from a garage, providing useful storage or parking, together with a large rear garden offering excellent outdoor space.
Upstairs, there are two generous double bedrooms alongside a further single bedroom, providing good potential for creating a comfortable family home once renovation works are complete.
The property currently has no central heating and requires significant structural and internal works, including replacement of the staircase and new floor joists throughout the entire ground floor.
As a result, buyers should be prepared for a comprehensive renovation project.
With its convenient outskirts-of-Douglas location, generous garden, garage and flexible accommodation, this property offers an opportunity for buyers looking to create a home tailored to their own requirements, subject to the necessary works and improvements.
Cash Buyers Only
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 Ribble Bank 18, Sartfell Road, Douglas
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