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See how verdicts work2-bedroom flat · IM2 2QX
Listing removedListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern and stylish first floor purpose-built apartment enjoys an enviable position towards the end of a quiet cul-de-sac, set within a sought-after residential location that offers both peace and convenience.
Ideally situated within easy reach of local shops, bus routes and the nearby business park, the property is also just a short drive from Douglas city centre, making it an excellent choice for first-time buyers, professionals or investors alike.
The accommodation is well presented throughout and begins with a welcoming entrance hallway, complete with a useful storage cupboard.
A particular feature of the apartment is the spacious L-shaped open-plan living and dining room, providing a bright and versatile space for both relaxing and entertaining.
A separate kitchen adds further practicality and functionality to the layout.
There are two generous double bedrooms, with the principal bedroom benefiting from a dressing room, offering excellent storage and a touch of luxury. A family bathroom completes the accommodation.
Externally, the apartment benefits from two allocated parking spaces positioned at the front of the building, both clearly marked as No. 14.
Combining spacious accommodation, stylish presentation and a highly convenient yet quiet location, this attractive apartment represents an ideal opportunity for a first-time buyer or investor.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Oven and hob, fridge and washing machine Tenure Leasehold - held on the remainder of a 999 year lease with a management company in place which has set the current management fees at approximately £1650.00 per annum and ground rent £293 Rates Treasury tel and Douglas Borough tel Heating Gas Windows uPVC double glazing
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
Agent & docs
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FAQ
About 14, Ballacottier Meadow, Douglas
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