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 work2-bedroom house · IM9 4AT
Listing removedListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A cosy mid-terrace cottage in a peaceful semi-rural location, with lovely views over the surrounding countryside, and within walking distance of the beautiful Bay Ny Carrickey beach and the Shore Hotel.
The nearest bus route is just a few minutes walk away. Internally, the accommodation comprises a lounge and kitchen on the ground floor, with 2 bedrooms and a bathroom upstairs.
Outside is a charming garden with a paved patio area, surrounded by mature shrubs and trees. Would benefit from modernisation.
LOCATION Travelling out of Port Erin continue straight over at the Four Roads roundabout into Castletown Road and left at the junction onto the A5 coast road.
Take the first turning on the left immediately after the Shore Hotel and proceed around the bend, where 3 Mill Cottages can be found on the right hand side.
ENTRANCE HALL Staircase leading to first floor. LOUNGE 13' 6'' x 10' 3'' (4.12m x 3.12m) Open brick fireplace. Understairs storage cupboard.
Opening to: KITCHEN 13' 10'' x 7' 0'' (4.21m x 2.13m) Galley-style kitchen fitted with a range of base and wall units with contrasting worktops comprising stainless steel sink unit, electric cooker, fridge, tiled splashbacks.
Door to rear garden. FIRST FLOOR LANDING Loft access. BEDROOM 1 13' 5'' x 12' 2'' (4.10m x 3.72m) Front aspect.
Spacious room with lovely distant views over open countryside and towards Bradda Head. BEDROOM 2 10' 0'' x 8' 2'' (3.04m x 2.49m) Fitted shelving. Built in airing cupboard.
Pleasant views over the rear garden. BATHROOM Suite comprising bath, w.c. and pedestal wash hand basin. Fitted medicine cabinet. Views over the rear garden.
OUTSIDE Good sized charming mature lawned rear garden with an abundance of trees and shrubs. Paved patio area. SERVICES Mains water, drainage and electricity. UPVC double glazing.
No central heating. POSSESSION Freehold. Vacant possession on completion. No onward chain.
The company do not hold themselves responsible for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.
DISCLAIMER - Notice is hereby given that these particulars, although believed to be correct do not form part of an offer or a contract.
Neither the Vendor nor Chrystals, nor any person in their employment, makes or has the authority to make any representation or warranty in relation to the property.
The Agents whilst endeavouring to ensure complete accuracy, cannot accept liability for any error or errors in the particulars stated, and a prospective purchaser should rely upon his or her own enquiries and inspection.
All Statements contained in these particulars as to this property are made without responsibility on the part of Chrystals or the vendors or lessors.
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

FAQ
About 3 Mill Cottages, Kentraugh, Colby
Explore nearby