4-bedroom terraced house · IM3 1LB
Sold STCListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Ground Floor Entrance Porch (approx. 4'11 x 4'10) Entrance Hallway (approx. 4'10 x 5'10) Lounge (approx. 17'8 into Bay x 13'10) Dining Room (approx. 12'11 x 12'0) Kitchen (approx.
10'3 x 21'0) Utility/Store Room (approx. 20'7 x 6'9) Downstairs W.C. (approx. 5'4 x 2'8) First Floor Landing (approx. 19'10 max x 5'11 max) Bedroom 3 (approx. 10'5 x 10'3) Shower Room (approx.
6'5 x 7'2) Separate W.C. (approx. 4'8 x 2'10) Bedroom 1 (approx. 17'8 into Bay x 11'6) Bedroom 2 (approx. 11'11 x 12'10) Bedroom 4 (approx. 6'11 x 10'7) Second Floor Landing Games Room (approx.
20'5 x 12'11) Eaves storage. Store Room Outside To the front of the property there is a good size lawned garden with dwarf walled boundaries and a footpath leading to the front door.
To the rear of the property there is a driveway providing off road parking for up to two vehicles. Services All main services are connected. uPVC double glazed throughout.
Please note the log burner in situ is not currently compliant and will need to be removed or updated to current regulations by the purchaser.
Directions Travelling from the Grandstand along Glencrutchery Road onto Governors Road, in the direction of Onchan.
Upon reaching the roundabout, continue onto the Main Road and turn right onto Royal Avenue.
Continue to the junction with Alberta Drive and proceed straight ahead where number sixty can be found on the left hand side, clearly identified by our For Sale board.
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
FAQ
About 60 Royal Avenue, Onchan, IM3 1LB
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