2-bedroom flat · IM5 1XD
Under offerListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought-after Ballawattleworth Estate in Peel, this beautifully presented top-floor, two-bedroom apartment offers modern, low-maintenance living in one of the west of the island's most desirable residential locations.
These apartments are consistently in high demand and rarely remain on the market for long, making this an excellent opportunity for both first-time buyers and investors alike.
The accommodation centres around a bright and spacious open-plan kitchen, dining and living area, creating a sociable space ideal for everyday living and entertaining.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from a dedicated walk-in dressing room—a fantastic feature that provides excellent storage and adds a practical touch rarely found in apartments of this style.
Externally, the property benefits from an allocated parking space, while residents can enjoy the convenience of being just a short distance from Peel's shops, schools, beach, marina and promenade.
Offering stylish accommodation, allocated parking and an enviable location, this superb apartment is sure to generate strong interest.
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 8 Magher Breek
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