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 · IM9 4EX
Listing removedListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This detached true bungalow, positioned on a generous corner plot within a quiet cul-de-sac, presents an excellent opportunity for those seeking a home to personalise and modernise to their own taste.
Offering flexible accommodation, the property includes three well-proportioned bedrooms, making it ideal for families or those requiring additional space for guests or a home office, the layout provides versatile options).
The good size lounge enjoys ample natural light, creating a welcoming and comfortable setting for relaxation or entertaining.
The kitchen/diner is spacious and functional, flowing seamlessly into the conservatory, which provides further living space and an attractive spot for dining or unwinding.
The bungalow benefits from oil fired central heating with a recently installed oil tank, ensuring efficient heating throughout the home.
While the property does require certain modernisation, it offers the perfect blank canvas for purchasers to create a contemporary residence tailored to their needs.
Practical features include a driveway with off-road parking for several vehicles, accommodating multiple cars with ease.
The surrounding lawned gardens enhance the sense of space and privacy, making this home particularly appealing.
Constructed by Camba Construction, the property is offered with no onward chain, allowing for a straightforward and swift purchase process.
Located in a sought-after area, the bungalow provides excellent access to the airport and the amenities of the south of the island, making it a convenient choice for commuters or frequent travelers.
This is a rare opportunity to acquire a detached bungalow in a peaceful setting with significant potential for improvement and personalisation.
Early viewing is highly recommended to appreciate the scope and location of this attractive property.
Garden Good size lawned garden that surrounds the bungalow Parking - Off street Driveway providing off road parking for 2 vehicles
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 Ballanorris Crescent, Castletown, IM9
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