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The house?   https://www.cowleygroves.com/property/the-willows-douglas-road-ballasalla-im9-2an/

You are somewhat dumbing down the size and specification of house in question.  This is a 6 bed 6 bath house of nearly 4,000 sq ft - approximately 4 times the size of a standard 3 bed semi.   On a £ per sq ft basis of £215 per sq ft, this is bloody good value. 

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16 hours ago, Non-Believer said:

Buy to rent, I'm told. Consortiums in some cases. As advised by a Dandara brickie. The 50 in the field in Peel behind Faulkners have all been sold on that basis, some aren't built yet.

Lack of return on money in the bank?

Faulkners , slightly off topic, but are they still going ?

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22 hours ago, Non-Believer said:

Buy to rent, I'm told. Consortiums in some cases. As advised by a Dandara brickie. The 50 in the field in Peel behind Faulkners have all been sold on that basis, some aren't built yet.

Lack of return on money in the bank?

OK so long as you can find a reliable tenant. Pain in the arse otherwise.

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