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Victoria Road, Isle Of Man, 4 IM2 - Image 1
Victoria Road, Isle Of Man, 4 IM2 - Image 2
Victoria Road, Isle Of Man, 4 IM2 - Image 3

Victoria Road, Isle Of Man, 4 IM2

Yorkshire

£450,000
Listed on 14/11/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This property presents a unique opportunity to acquire a freehold block consisting of three self-contained apartments situated in the vibrant area of Douglas. Currently part-renovated, it offers significant investment potential for those looking to finalize the remaining works. The ground floor hosts a one-bedroom apartment, while the first and second floors each comprise well-sized two-bedroom apartments, all featuring bathrooms and open-plan kitchen/living/dining areas. Access to every floor is available through a communal stairwell. The renovation progress has reached an advanced stage, with many aspects nearing finalisation, notably in terms of plumbing and electrical systems. Once complete, the expected rental income showcases a robust potential yield, making this an attractive proposition for investors seeking profitable returns in the Yorkshire market.

Investment Analysis

(S10 area)
Area Average
£313/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (S10)

Area prices are falling by +7.1% over the last 12 months
3 year growth: -7.6%
5 year growth: 11.6%
Investment Disclaimer: Analysis based on S10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Victoria Road, Isle Of Man, 4 IM2
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE