2-bedroom house · IM2 4NF
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Douglas - 2 Bed Unfurnished First Floor Rear Facing Promenade Apartment, Property Desctiptiom: Situated close to the Rutland hotel area of the prom, this first floor rear facing apartment although rear facing offers bright spacious accommodation two double rooms, one bathroom, kitchen with appliances (fridge/freezer and washer dryer, space for a dish washer but this is not supplied), lounge.
Gas central heating. UPVC double glazed windows. No smokers, pets, or children. Parking permit area. Access via Stairs no lift. Water and council rates included.
Available Move in 1st December 2026, Google Map Location:
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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