5-bedroom terraced house · IM1 2QE
Under offerListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Agents Comments This spacious terraced 5 bedroom townhouse, in need of renovation, offers excellent potential in a highly convenient central Douglas location.
Arranged over 3 floors, plus an attic space, the property provides generous accommodation and flexible living space, making it ideal for investors, developers, or buyers looking to create a substantial family home.
Situated within walking distance of Douglas' town centre, local shops, schools, transport links and other amenities.
To the rear is a private enclosed yard area, offering outdoor space rarely found so close to the centre.
A fantastic opportunity to refurbish and add value in one of Douglas’s most accessible residential areas. Accommodation Ground Floor Entrance Porch (approx. 6'0 x 4'0) Entrance Hallway (approx.
15'9 x 5'0 max) Lounge/Diner (approx. 26'0 x 12'0 max) Kitchen (approx. 17'0 max x 8'0) Utility Room (approx. 13'0 x 8'0): Houses the Potterton gas fired central heating boiler.
First Floor Landing Bedroom 1 (approx.16'0 x 13'0) Bedroom 2 (approx. 13'0 x 11'0) Shower Room (approx. 10'0 x 5'0) Separate W.C. (approx. 5'0 x 2'0) Bathroom (approx.
14'0 x 8'0) Second/Top Floor Landing: Stairway access to the attic. Bedroom 3 (approx. 12'0 x 9'0) Bedroom 4 (approx. 13'0 x 10'0) Bedroom 5 (approx.
13'0 x 7'0) Outside To the front of the property there is an enclosed patio area with dwarfed wall boundaries, wrought iron railings and a gate providing access to the footpath leading to the front door.
To the rear of the property there is an enclosed yard area providing the potential for an off road parking space. Services All main services are connected. Gas fired central heating.
uPVC double glazed throughout. Directions Leaving Douglas uphill along Prospect Hill, continue through the traffic lights in the direction of Bucks Road.
Take the second turning on your right onto Mona Street where number twenty three can be found a short distance along on the right 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 23 Mona Street, Douglas, IM1 2QE
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