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 work4-bedroom house · IM9 1BH
Sold STCListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set along the picturesque seafront of Mona Terrace, this beautifully presented seaside cottage effortlessly combines coastal charm with spacious modern living.
Enjoying an enviable position just moments from the shoreline, the property offers an inviting and versatile layout perfectly suited to family life or a relaxing coastal retreat.
At the heart of the home is a superb open-plan lounge, dining and kitchen area, thoughtfully designed for both entertaining and everyday comfort.
A charming log burner creates a warm and welcoming focal point, while the stylish kitchen flows seamlessly into the living space, enhancing the sense of light and openness throughout.
Complementing the main living area is a delightful family room/sunroom, flooded with natural light and offering peaceful views across the private rear garden — an ideal space to relax, dine, or enjoy all seasons in comfort.
The accommodation comprises four well-proportioned bedrooms, including a spacious principal bedroom with en-suite shower room.
A contemporary family bathroom serves the remaining bedrooms, all finished to a high standard.
Externally, the property continues to impress with a private enclosed rear garden providing a wonderful setting for outdoor entertaining, gardening, or simply unwinding in a tranquil environment.
A double garage and additional parking space offer excellent practicality and convenience.
This exceptional coastal home presents a rare opportunity to acquire a stylish and generously proportioned cottage in one of Castletown’s most sought-after seaside locations.
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 Mona Terrace, Castletown, Isle of Man, IM9
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