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 semi-detached house · IM4 7AP
Listing removedReduced £10k (−2.8%) on 22 AugListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Glen Road, this attractive end terrace home enjoys a highly desirable position within the picturesque village of Laxey.
The property is also conveniently located for village amenities, cafés, shops, public transport links and Laxey School.
The property has been redecorated and updated including a partial rewire and oil boiler.
The welcoming lounge provides the perfect place to relax, a recently installed log burner creates a cosy focal point.
The accommodation is well proportioned and offers three bedrooms, including two doubles, together with a family bathroom.
Externally, the property has a enclosed sunny aspect front garden as well as a low maintenance rear patio area.
A particularly rare feature is the inclusion of two garages, offering excellent parking, storage or workshop potential.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Oven, 4 ring gas hob, freezer and washing machine Tenure Freehold Rates Payable Treasury tel Services Oil (Boiler - 4 years old)
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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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 Ballabeg, Glen Road, Laxey
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