2-bedroom flat · IM3 2AF
Sold STCListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire this ground floor purpose-built apartment, superbly positioned at 12a Douglas Bay Apartments, Onchan.
Enjoying beautiful sea views across Douglas Bay, this spacious and light-filled apartment offers comfortable coastal living in a highly sought-after and quiet cul-de-sac location.
Offered for sale with no onward chain, the property is ideal for first-time buyers, downsizers or investors seeking a low-maintenance home.
The accommodation is bright, airy and well-proportioned throughout, comprising an impressive living room positioned to take full advantage of the stunning sea views, along with a large front facing dining kitchen, providing excellent workspace and ample room for dining.
There are two good-sized bedrooms, both complemented by built-in wardrobes.
The master bedroom benefits from an en-suite bathroom, while the second bedroom is served by a well-appointed Jack and Jill bathroom, offering flexibility for guests or shared living.
Externally, the apartment benefits from allocated parking.
Perfectly located within easy reach of local shops, regular bus routes, Onchan Village, Douglas Promenade and Douglas City Centre, this superb coastal apartment combines convenience, comfort and exceptional views in one desirable package.
Tenure - Leasehold with remainder of 999 year lease, management charges are £2,955 per annum. Ground rent £50 per annum. THINKING OF SELLING?
We are professionally qualified estate agents and licensed members of the National Association of Estate Agents (NAEA).
We provide free of charge walk through valuations based on properties that have sold so the valuation is far more accurate and realistic in this buoyant market.
We will also advise and listen to your thoughts and plans.
Give us a call on or email us at DISCLAIMER Whilst Manxmove Ltd believe that these details are correct, neither Manxmove Ltd or their clients guarantee their accuracy in any way.
Consequently, these details are not to be used to form part of any legally binding contract.
Prospective purchasers or tenants are advised to visit this property to satisfy themselves as to the correctness of these details.
Please note, we use wide angle camera lenses in order to show as much of each room as possible.
This is not intended to mislead any prospective purchasers or tenants in any way and an honest verbal description is always available prior to viewing if required.
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 advisors 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.
Area
Agent & docs

FAQ
About King Edward Close, Onchan, IM3
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