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 work2-bedroom bungalow · IM2 1QJ
Listing removedListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a generous plot along the highly regarded Ellenbrook Avenue, this attractive detached bungalow enjoys a peaceful position on the outskirts of Douglas, while remaining just a few minutes' drive from the city centre and its excellent range of amenities.
A particular feature of the property is its far-reaching countryside views, providing a wonderful backdrop to this spacious and well-presented home.
The accommodation is light and airy throughout, beginning with an entrance porch leading into a welcoming reception hallway.
The comfortable living room is centred around a charming log burner, creating the perfect space to relax and unwind during the colder months.
To the rear of the property, a delightful conservatory has been thoughtfully positioned to take full advantage of the superb countryside outlook, offering an additional reception space to enjoy throughout the year.
The modern dining kitchen is equally impressive, featuring French doors opening onto a raised terrace with steps leading down to a generous paved patio, creating an ideal setting for alfresco dining, entertaining or simply appreciating the surrounding views.
There are two well-proportioned double bedrooms, both complemented by fitted wardrobes and built-in storage, together with a stylish shower room and a separate WC for added convenience.
Externally, the property occupies an impressive overall plot. A driveway provides off-road parking, while the front garden is attractively landscaped with a variety of mature shrubs and planting.
To the rear, the large paved patio enjoys an elevated position before steps descend to a generous lawned garden, enclosed by established hedging to create a good degree of privacy and a wonderful outdoor space.
Offering spacious accommodation, delightful countryside views and a peaceful yet highly convenient location, this attractive bungalow presents an excellent opportunity for those seeking comfortable single-level living close to Douglas.
Inclusions All fitted floor coverings, blinds, light fittings and curtains Appliances oven and 4 ring hob, dishwasher, washing machine and under counter fridge/freezer Tenure Freehold Rates Treasury tel and Douglas Borough 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 Zenobia, Ellenbrook Avenue, Douglas
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