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 · IM2 4PH
Listing removedListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming area of Summerhill Grove, Douglas, this newly renovated terraced cottage offers a delightful blend of modern living and coastal charm.
With two well-proportioned bedrooms, this property is ideal for first-time buyers seeking a comfortable and stylish home.
As you enter, you are greeted by an inviting living room with open plan lay-out that provide ample space for relaxation and entertaining.
The high-level finish throughout the property is evident, showcasing a new kitchen and bathroom that are both contemporary and functional.
The newly installed roof and complete rewire ensure peace of mind for years to come.
One of the standout features of this cottage is the stunning sea views that can be enjoyed from various vantage points within the home.
Additionally, the property boasts a private parking space at the back, complete with an electric garage door, offering convenience and security.
This lovely home in Lower Onchan is not just a property; it is a lifestyle choice, perfect for those looking to embrace the beauty of coastal living while enjoying the comforts of a modern abode.
With its thoughtful renovations and prime location, this bungalow is a rare find that is sure to attract interest. Do not miss the opportunity to make this exquisite property your own.
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
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FAQ
About 2, Summerhill Grove, Isle Of Man
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