We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · IM2 4BY
Listing removedListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to modern, purpose-built living within one of Douglas’s most sought-after developments for the over-50s.
This superb first-floor, two-bedroom apartment offers an exceptional blend of comfort, convenience, and low-maintenance living in a prestigious, beautifully maintained setting.
The accommodation comprises a contemporary, well-appointed kitchen and a bright, spacious lounge/dining room, creating the perfect space to relax or entertain.
Two generously proportioned double bedrooms are complemented by a stylish modern shower room, providing comfortable and practical accommodation throughout.
Residents benefit from the reassurance of a full-time resident warden, lift access to all floors, an allocated parking space, and a proactive management company that ensures the attractive communal gardens and shared areas are maintained to an exceptional standard.
Ideally situated in the heart of Douglas, the apartment is just a short stroll from local shops, cafés, restaurants, and a wealth of everyday amenities, ensuring everything you need is close at hand.
Offered for sale with no onward chain, this is an excellent opportunity to acquire a spacious apartment within a highly regarded development. Early viewing is highly recommended.
Location The property is approached by travelling from Quarterbridge roundabout up Quarterbridge Road.
Travel through the traffic lights at the bottom of Bray Hill and continue up turning right at the St Ninians traffic lights.
Take the first left onto St Ninians Road and the entrance to the development will be found a short distance along on the left hand side.
Communal Entrance Hall First Floor Apartment 27 Open Plan Living / Dining Area (0' 0'' x 0' 0'' (0m x 0m)) Living Room Area (16' 9'' x 8' 10'' (5.1m x 2.7m)) Kitchen (6' 11'' x 8' 6'' (2.1m x 2.6m)) Inner Hallway (0' 0'' x 0' 0'' (0m x 0m)) Square opening from lounge/diner.
Providing a storage cupboard with shelves and hanging space. Separate cupboard housing the hot water cylinder. Ceiling light. Coved Ceiling. Carpeted throughout.
Shower Room (8' 2'' x 5' 11'' (2.5m x 1.8m)) Bedroom (12' 10'' x 12' 10'' (3.9m x 3.9m)) Bedroom (13' 1'' x 10' 6'' (4.0m x 3.2m)) Outside To the front of the property there is ample communal parking and an allocated parking space for one vehicle (space no.
9). Tenure Leasehold - 999 years remaining Management Company is called St Ninians Court Limited. Service Charge - £1860.10 per annum.
Ground Rent: £1 per annum Services Mains water, electricity and drainage. Electric central heating.
Viewing Strictly by appointment through chrystals please inform us if you are unable to keep appointments. Possession Vacant possession on completion of purchase.
The company do not hold themselves responsible for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.
Disclaimer - Notice is hereby given that these particulars, although believed to be correct do not form part of an offer or a contract.
Neither the Vendor nor Chrystals, nor any person in their employment, makes or has the authority to make any representation or warranty in relation to the property.
The Agents whilst endeavouring to ensure complete accuracy, cannot accept liability for any error or errors in the particulars stated, and a prospective purchaser should rely upon his or her own enquiries and inspection.
All Statements contained in these particulars as to this property are made without responsibility on the part of Chrystals or the vendors or lessors. Dining Area (12' 6'' x 7' 10'' (3.8m x 2.4m))
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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FAQ
About 27 St Ninians Court, 27 St Ninians Court, Douglas
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