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See how verdicts work4-bedroom flat · IM5 1PA
For saleListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying the upper floors of this attractive building, this distinctive duplex apartment offers generous accommodation arranged over two levels.
Previously 2 x apartments the owners have converted into a single dwelling with internal stairs creating a layout more akin to a house.
Spacious and well-balanced living space enjoying excellent natural light throughout and outstanding coastal setting, with panoramic views across Peel Bay towards the historic castle.
The apartment provides 4 bedrooms, offering excellent flexibility for family living, home working, visiting guests or hobbies.
There are 2 kitchens one on each floor for additional convenience and potential for multi generational living. 2 Parking paces are situated at the rear of the block.
Situated within easy walking distance of Peel's beach, promenade, harbour, restaurants, cafés and independent shops, the property enjoys one of the Island's most desirable coastal locations.
Inclusions - Fixtures and fittings, Curtains/blinds, Light fittings, Fitted floor coverings. Appliances - All integrated appliances.
Tenure - Leasehold Service Charge £tbc Heating - Gas Services - Mains water, electricity and drainage
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat Apartment 2, Ballaquane House, Marine Parade, Isle Of Man
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