3-bedroom terraced house · IM9 1AJ
Listing removedListed 375 days
Opportunity summary
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About
Nicely presented terraced house in the historic town of Castletown, close to the picturesque harbour and within walking distance of shops, schools and amenities.
Accommodation comprises lounge, dining room and kitchen to the ground floor, with a bedroom and a bathroom on the first floor, and 2 further bedrooms on the second floor.
Outside is a small private walled courtyard with rear access gate. No onward chain. * There would be potential to rent a parking space nearby.
Location Travelling from Port Erin towards Castletown on the A5, go straight ahead at the traffic lights and take first turn on the right into Milner Terrace.
Number 5 can be found a short way along on the left hand side.
Lounge (14' 4'' x 11' 8'' (4.37m x 3.55m)) Lovely bright room with feature fitted window shutters, built-in shelving, decorative stove (not connected), wooden flooring.
Staircase leading to first floor. Opening to: Dining Room (10' 0'' x 7' 6'' (3.04m x 2.28m)) Understairs storage cupboard, fitted shelving.
Opening to: Kitchen (12' 5'' x 10' 0'' (3.78m x 3.04m)) Good range of wood fronted wall and base units with contrasting worktops, stainless steel sink unit, electric cooker, cooker hood, point for fridge/freezer, plumbing for washing machine, point for dryer, gas central heating boiler.
Tiled splashbacks and floor, 2 roof lights. Door to courtyard. First Floor Landing Staircase leading to second floor. Bedroom 1 (12' 3'' x 11' 11'' (3.73m x 3.62m)) Front aspect.
Built-in furniture, fitted window shutters. Bathroom White suite comprising bath with shower over, w.c. And wash hand basin. Shelving, large airing cupboard, fitted window shutters. Half tiled walls.
Second Floor Landing Bedroom 2 (13' 8'' x 10' 8'' (4.16m x 3.25m)) Large double, front aspect. Fitted window shutters, wood floor. Bedroom 3 (10' 2'' x 8' 8'' (3.09m x 2.63m)) Rear aspect.
Window shutters. Outside Small private walled courtyard with rear access gate. Services Mains water, drainage and electricity. Gas central heating. UPVC double glazing. Possession Freehold.
Vacant possession on completion of purchase. No onward chain.
The company do not hold themselves responsible for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.
Disclaimer - Notice is hereby given that these particulars, although believed to be correct do not form part of an offer or a contract.
Neither the Vendor nor Chrystals, nor any person in their employment, makes or has the authority to make any representation or warranty in relation to the property.
The Agents whilst endeavouring to ensure complete accuracy, cannot accept liability for any error or errors in the particulars stated, and a prospective purchaser should rely upon his or her own enquiries and inspection.
All Statements contained in these particulars as to this property are made without responsibility on the part of Chrystals or the vendors or lessors.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 5 Milner Terrace, 5 Milner Terrace, Castletown
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