1-bedroom flat · IM2 4NY
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented fifth floor one-bedroom purpose-built apartment, ideally situated on Douglas Promenade and offering convenient access to the town centre, seafront amenities and local transport links.
The property provides a bright and comfortable living environment, making it an appealing choice for first-time buyers, investors or those seeking a low-maintenance home in a prime Douglas location.
The apartment features a spacious open-plan living, kitchen and dining area, creating a versatile and sociable space for both relaxing and entertaining.
The kitchen is well positioned within the open-plan layout, providing a practical arrangement for everyday living.
The generously proportioned double bedroom offers comfortable accommodation, while the newly fitted bathroom provides a modern and fresh finish.
Further benefits include electric central heating and uPVC double glazing, helping to provide a warm and comfortable home throughout the year.
Located on the third floor of this purpose-built development, the apartment boasts a secure underground parking space, and benefits from its prominent Promenade position, with the many amenities, shops, cafés, restaurants and attractions of Douglas close by.
The property is managed by a management company, providing organised maintenance of the communal areas.
An excellent opportunity to acquire a well-presented apartment in a highly desirable coastal location.
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 74, Queens Apartments, Douglas
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