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See how verdicts work2-bedroom maisonette · IM2 4NN
Under offerReduced £40k (−14.8%) on 23 JunListed 747 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a rare opportunity to acquire a spacious 2-bedroom maisonette apartment located at the peaceful end of the highly sought-after Douglas Promenade.
Situated just moments from a reputable restaurant, scenic promenade walks, a bus stop, and a soon-to-open coffee shop, this property offers convenience and tranquillity in equal measure.
With both a private entrance/exit at the basement level and a second entrance via the main communal hall on the first floor, this home offers a unique sense of privacy and accessibility.
The first floor boasts high ceilings and tall windows in the living room, flooding the space with natural light while showcasing stunning sea views.
The adjoining kitchen is well-proportioned, offering ample worktop space, with a convenient opening to the living room – perfect for entertaining.
The expansive master bedroom is a standout feature, complete with an en-suite shower room for added comfort.
Descend the stairs to find a second large shower room, a second bedroom with charming bay windows, and a hallway leading to the additional entrance/exit.
This hallway offers extensive storage space and a utility area, ensuring that the apartment is as functional as it is spacious.
Not only does this apartment provide a generous living area, but it also offers exciting potential for development.
With the necessary planning approvals, the property could be split into two separate apartments, making this an ideal investment for those looking to maximise its value.
Whether you’re searching for a light-filled home with beautiful sea views or an investment with future potential, this maisonette is a truly rare find.
Don't miss your chance to secure this expansive and versatile property in a prime promenade 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
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FAQ
About Apartment 1, Lansdowne, Queens Promenade, Douglas
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