1-bedroom flat · IM1 5AG
For saleListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Ground Floor Secure entry code system providing access into: Communal Entrance Hallway Stairway and lift access to all floors. Private post boxes. Entry intercom system.
Third Floor Apartment 11 Private Entrance Hall Large storage cupboard providing space for a washing machine. Open Plan Lounge/Kitchen/Diner (approx.
20'10 x 13'10) Living/Dining Area Set of sliding double doors with windows to either side, providing access out to the private balcony overlooking the well-maintained courtyard area.
Kitchen Fitted with a range of base, wall and drawer units. Work surfaces incorporate a single bowl sink with a mixer tap over and drainer.
Integrated appliances include a Miele oven, Miele four ring hob with an extractor hood above, Miele microwave, Miele dishwasher and a Logik fridge/freezer. Bedroom (approx.
11'1 x 9'8) Double glazed window to the side aspect. Bathroom (approx.
6'10 x 5'2) Fitted with a three piece suite comprising of a panel bath tub with a rainfall shower head above and glass splash screen, wash hand basin with a storage drawer below, and W.C.
Concealed wall mounted mirrored cabinet. Wall mounted chrome heated ladder towel rail. Fully tiled walls and flooring.
Outside Private balcony accessed from the lounge overlooking the landscaped central courtyard. Secure allocated underground parking space, number 22. Services All main services are connected.
Electric underfloor heating. Double glazed throughout. Tenure Leasehold. Remainder of a 999 year lease.
Management Company There is an active management company in place with the current charge set at £1,595.90 Per Annum for the financial year 1st March 2025 to 28th February 2026.
Rates iom Government Treasury: £537.00 Douglas City Council: £570.40 Total: £1,107.40 (2026/27) Directions Travelling from the Quarterbridge along Peel Road in the direction of Douglas, continue to the Railway Shops and turn right onto Bank Hill.
Proceed straight ahead onto Bridge Road where Quay West can be found on the right hand side.
Value & comps
No previous sales on record.
Returns
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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
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About Apt. 11 Quay West,Bridge Road, Douglas
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