1-bedroom flat · IM2 3ET
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely ground floor apartment centrally located in Douglas, close to local amenities and within walking distance of the Promenade.
The accommodation provides a fully fitted kitchen, two reception rooms, one double bedroom and a family bathroom. This property is offered for sale with no onward chain. Viewing highly recommended.
Location Travelling out of Douglas up Prospect Hill, proceed through the traffic lights that intersect with Circular Road, continuing onto Bucks Road.
The property can be located on the left hand side.
Communal Entrance Ground Floor Apartment 1 Entrance Hallway Lounge (18' 1'' x 12' 6'' (5.5m x 3.8m)) Reception Room (12' 10'' x 7' 10'' (3.9m x 2.4m)) Kitchen (8' 2'' x 7' 3'' (2.5m x 2.2m)) Family Bathroom Bedroom (11' 2'' x 7' 10'' (3.4m x 2.4m)) Tenure Management Company - Stirling Property Management Ltd Leasehold - 999 years.
Services Mains water, electricity and drainage. Gas fired central heating boiler. Viewing Viewing is 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for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.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.
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
FAQ
About Flat 1, 22A Derby Road, Flat 1, 22A Derby Road, Douglas
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