4-bedroom detached house · IM3 2ET
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly presented four-bedroom detached home located in the highly desirable area of Banks Howe, enjoying attractive sea views from the principal living areas and offering spacious, versatile accommodation throughout.
The property also benefits from an integral double garage and beautifully maintained surrounding gardens.
Upon entering the home, you are welcomed by a generous entrance hallway that provides access to the main living accommodation positioned to the right-hand side.
The bright and spacious living room is a standout feature of the property, complete with sliding doors opening onto an impressive 20-foot-wide balcony.
This elevated space provides a wonderful vantage point to enjoy the views across Douglas Bay, creating an ideal setting for relaxing or entertaining.
The well-appointed kitchen also enjoys distant sea views and is thoughtfully arranged for modern family living, offering ample workspace and storage.
Adjacent to the kitchen, the dining room provides an excellent additional reception space, perfect for family meals or hosting guests.
Stepping down from this level is the principal bedroom, which benefits from its own en-suite bathroom.
Two further double bedrooms are positioned nearby and are served by a well-appointed family bathroom, while a separate cloakroom adds further storage.
The lower ground floor provides additional flexible accommodation, including a fourth double bedroom with its own en-suite bathroom.
A spacious utility room is also located on this level, along with internal access to the integral double garage.
Externally, the property enjoys a superb wrap-around garden that offers a high degree of privacy.
Mature hedging surrounds the grounds, creating a sheltered and peaceful outdoor environment ideal for relaxation.
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.
Area
Agent & docs
FAQ
About 18 Banks Howe, Onchan, Isle of Man
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