2-bedroom bungalow · IM9 6QL
Listing removedListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the highly desirable coastal village of Port Erin, Elstan, Ballagale Close presents an exciting opportunity to acquire a detached bungalow with enormous potential.
Situated in a quiet and well-established residential cul-de-sac, the property occupies a generous plot with a lovely sized garden and offers excellent scope for modernisation and personalisation.
The bungalow currently offers well-proportioned accommodation comprising a bright and spacious living room, a fitted kitchen, two comfortable bedrooms and a family bathroom.
While the property would benefit from updating throughout, it provides the perfect blank canvas for purchasers looking to create a beautiful home tailored to their own tastes and requirements.
Externally, the property enjoys a particularly attractive plot with a generous garden providing ample outdoor space for landscaping, entertaining or future extension, subject to the necessary planning consents.
The detached garage and driveway provide convenient off-road parking and additional storage.
Ballagale Close is a highly sought-after location within Port Erin, known for its peaceful setting while remaining within easy reach of the village’s many amenities including shops, cafés, schools, and the picturesque sandy beach.
Coastal walks and stunning countryside scenery are also right on the doorstep, making this an ideal setting for those seeking a relaxed coastal lifestyle.
With strong fundamentals including a detached structure, garage, generous garden and excellent location, Elstan represents a rare opportunity for buyers looking to modernise and add value in one of the Island’s most desirable villages.
Early viewing is highly recommended to fully appreciate the potential this property has to offer.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About Elstan, Ballagale Avenue, Isle of Man
Explore nearby