2-bedroom flat · IM1 5BX
No longer listedListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Occupying an exceptional position on Douglas Head, this beautifully presented two-bedroom ground-floor apartment enjoys outstanding panoramic views across Douglas Bay and the surrounding coastline.
The centrepiece of the apartment is the impressive open-plan kitchen, dining and living area, where extensive glazing makes the most of the coastal outlook and creates a bright, spacious living environment.
Doors open directly onto the substantial wrap-around terrace/balcony, providing a superb outdoor space for dining, entertaining or simply enjoying the views.
Both bedrooms are generous doubles, with the principal bedroom benefiting from its own en-suite shower room.
A stylish main bathroom serves the second bedroom, while a separate utility/plant room provides useful additional storage and practicality.
Electric underfloor heating runs throughout the apartment, contributing to a comfortable and contemporary feel year-round.
The property also benefits from a secure allocated internal parking space, together with additional private parking for residents and visitors.
Combining modern accommodation, exceptional outside space and one of Douglas’s most striking coastal positions, this is a rare opportunity to rent a high-quality apartment within easy reach of the town centre while enjoying a genuinely special setting.
Location Leave Douglas via the drawbridge onto North Quay and turn right at the roundabout.
At the next roundabout turn left and proceed up Douglas Head Road to the top of the hill, where The Point will be found straight ahead just after the entrance to Manx Radio.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 2 The Point Douglas Head Road, Isle Of Man
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