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 1TQ
Listing removedListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly regarded Knock Rushen development, this modern semi-detached home enjoys an enviable position in one of Castletown's most desirable residential locations.
The historic town centre is just a short walk away, offering an excellent range of independent shops, cafés, restaurants and bars, together with the picturesque harbour, Castle Rushen, swimming pool and highly regarded local schools.
For those who enjoy the outdoors, Castletown Beach, Scarlett Nature Reserve and spectacular coastal walks are all within easy reach, making this an exceptional setting for families and professionals alike.
Designed with modern living in mind, the property offers bright, well-proportioned accommodation throughout, with a practical layout perfectly suited to contemporary family life.
The ground floor comprises a welcoming entrance hall with cloakroom (WC), a spacious living room and an impressive open-plan kitchen/family room, with French doors opening directly onto the rear garden, creating a seamless connection between indoor and outdoor living, ideal for entertaining, family gatherings or simply relaxing.
To the first floor, the principal bedroom benefits from a contemporary en-suite shower room.
Two further well-proportioned bedrooms are served by a stylish family bathroom, finished to a modern standard.
Externally, the property enjoys a low-maintenance enclosed rear garden, providing an ideal space for outdoor dining and entertaining.
A garage together with a covered carport provides excellent off-road parking and additional storage.
Offered for sale with no onward chain, this superb home combines modern finishes, practical family living and a sought-after coastal location, presenting an excellent opportunity for a wide range of purchasers.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Oven and hob, dishwasher and fridge/freezer Tenure Freehold Rates Treasury tel Heating Gas Windows uPVC double glazing
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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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 40, Knock Rushen, Castletown
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