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 bungalow · IM3 2DT
Listing removedListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and versatile detached home offering excellent potential for a purchaser looking to modernise and create a property to their own taste.
Requiring refurbishment throughout, the house benefits from well-proportioned accommodation together with particularly impressive garage and storage facilities.
The main living accommodation is arranged across the first floor, with a generous living room opening into a separate dining area, kitchen and three bedrooms.
The primary bedroom is particularly spacious, while two bathrooms provide plenty of scope for reconfiguration and modernisation.
The ground floor is currently predominantly given over to garaging, storage and additional rooms, providing excellent flexibility for anyone requiring workshop, hobby or vehicle space.
The integral double garage is complemented by a separate detached single garage, making the property particularly appealing to a car or motorcycle enthusiast, tradesperson or purchaser simply looking for substantial secure storage.
While the property would benefit from a comprehensive programme of refurbishment, the existing proportions and layout provide a great starting point, with plenty of opportunity to improve and personalise the accommodation.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png){kind=logo}
FAQ
About 26, Buttermere Drive, Onchan
Explore nearby
