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See how verdicts work3-bedroom semi-detached house · IM9 6BT
Sold STCListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned in a convenient location, this recently. refurbished semi-detached home offers modern, flexible living within easy walking distance of Port Erin’s wide range of amenities.
Shops, cafés, schools and transport links are all close by, while Port Erin beach and surrounding coastal walks, including routes towards Bradda Head.
provide strong lifestyle appeal, balancing everyday convenience with access to the outdoors. The accommodation has been thoughtfully updated throughout and is arranged over three floors.
To the ground floor, an entrance hallway with cloakroom (WC) leads through to open-plan living spaces, incorporating a lounge, dining area and modern kitchen, and utility room.
The layout is designed to offer both practicality and a sociable flow. To the first floor, there are three well-proportioned bedrooms, served by a modern family bathroom.
The second floor provides a versatile additional room, suitable as a hobbies space or occasional fourth bedroom, enjoying pleasant views towards the hills and Bradda Head.
Externally, the property benefits from a lawned front garden, along with a driveway providing off-road parking. To the rear, there is a low-maintenance enclosed garden.
Offered with no onward chain, the property presents a straightforward opportunity for a range of purchasers, including families, first-time buyers or those seeking a well-located home in the south of the Island.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Oven and 4 ring induction hob plus extractor fan and dishwasher Tenure Freehold Rates Treasury tel - Heating Oil 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
FAQ
About Derwent, Ballafesson Road, Port Erin
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