3-bedroom house · IM8 2LE
Listing removedReduced £10k (−3.6%) on 23 JunListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on Gladstone Avenue, this well-proportioned terraced family home is within close proximity to a range of local amenities and offers spacious accommodation throughout, complemented by attractive high ceilings.
The property opens into a welcoming living room featuring a usable bay window and an ornamental log burner, set within a chimney that has been lined, creating a charming focal point to the room.
To the rear, a bright dining room enjoys a window overlooking the garden and flows through to the kitchen, offering a practical layout for everyday living and entertaining.
Upstairs, a modern family bathroom is positioned on the half landing. The main landing leads to three good-sized bedrooms, comprising two doubles and one single.
The rear bedroom benefits from particularly attractive views stretching towards North Barrule.
Externally, the property enjoys a south-facing rear outdoor area that acts as a real sun trap and is notably larger than typically found with properties of this style.
There is street parking available to the front, with further parking located to the rear of the property.
Additional benefits include a roof replacement approximately four years ago, good insulation throughout, and relatively low running costs with reasonable annual rates.
A spacious and well-maintained home in a convenient location, ideally suited to families or first-time buyers.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 23, Gladstone Avenue, Ramsey
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