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 work5-bedroom detached house · IM8 3TB
Listing removedListed 1228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This much enjoyed family home has been in the same family for a couple of decades.
Creg Malin offers to the market spacious living, within its well-proportioned rooms, and attractive gardens circa 0.6 of an acre.
It offers the purchaser a host of eye-catching period features, which have been added by subsequent owners to the property over a great many years.
The living accommodation is well appointed and has a wide range of inviting reception rooms, five bedrooms, four of which are large doubles.
Additionally, there is a splendid conservatory circa 16’8” x 13’2”, linking the well-tended outside space, to the house.
Furthermore, to suit family living, there are numerous storage cupboards throughout the property; plus a lean-too utility room.
Since the vendor purchased the property, they have continued to add improvements, the most recent being a two story kitchen bedroom extension, plus a separate contemporary modern bathroom.
They have also submitted a portion of the garden to the North & West Local Plan (ref:-RR001) for a building plot for the development of two dwellings, in a portion of the garden, very separable from the main house.
Rapped around two sides of the house are beautifully maintained lawns, flowerbeds, mature trees and bushes; which offer ample space for family and guests to enjoy.
At the end of the lawn is an outdoor pizza oven and seating area.
During spring and summer the garden comes alive, fringed with colourful borders, richly planted with a variety of flowering shrubs, roses and herbaceous perennials.
Outside the house is a stone paved open patio terrace, with lean-too greenhouse. At the opposing end of the garden is an additional entrance of a quite private lane with parking area and garage.
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
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FAQ
About Creg Malin, Jurby Road, Ramsey
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