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 house · IM9 1LX
Listing removedListed 776 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located just a short, level walk from the centre of Castletown, 81 Malew Street is a delightful two-bedroom mid-terrace home offering both character and convenience.
It enjoys close proximity to shops, pubs, Tesco, and the main bus route, making everyday living effortless. The property features a unique and practical layout.
The ground floor comprises two generous double bedrooms and a modern family bathroom.
From this level, there is direct access to a fully enclosed rear yard-ideal for storage or as a compact outdoor seating area. The first floor hosts a well-fitted kitchen and a cosy living room.
The living space is enhanced by a characterful feature fireplace, creating a warm and welcoming environment.
On the top floor is a versatile hobbies room, which could serve as a third bedroom, home office, or creative space, offering excellent flexibility for a range of needs.
Externally, the property benefits from a rear outbuilding that houses the gas-fired central heating system, ensuring efficient heating throughout.
81 Malew Street is ideal for first-time buyers, downsizers, or those seeking a centrally located home in one of the Isle of Man’s most historic towns.
Early viewing is recommended to appreciate the charm and potential this home offers.
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
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FAQ
About 81, Malew Street, Isle of Man
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