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 · IM9 1AE
Listing removedListed 288 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
53 Malew Street is a beautifully refurbished mid-terrace town house, ideally located in the heart of Castletown on level ground, just a short walk from local shops, public houses and the main bus route.
The property has been thoughtfully modernised throughout while retaining a warm and inviting character, making it well suited to both owner occupiers and investors.
The ground floor offers a comfortable open plan living space to the front of the house, featuring a cosy atmosphere, a character fireplace and a large picture window that allows in plenty of natural light.
To the rear, the modern kitchen is well fitted with contemporary units and appliances, with bi-folding doors opening directly onto a small rear yard, creating an excellent flow between indoor and outdoor space.
On the first floor there is a generous double bedroom with fitted wardrobes, along with a stylish family bathroom finished to a high standard, featuring a freestanding bath, corner shower cubicle, double wash basins and quality chrome fittings.
The top floor provides a further good sized double bedroom with wardrobes, together with a third bedroom, offering flexible accommodation for guests, home working or additional storage.
Overall, this is an attractive and well located home within easy reach of all Castletown amenities.
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.
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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
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FAQ
About 53, Malew Street, Isle of Man
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