2-bedroom flat · IM3 1HD
Under offerListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Royal Avenue West in Onchan, this beautifully renovated two-bedroom apartment offers stylish, turn-key accommodation with lovely sea views from the living room and an attractive outlook over the glen.
The property has been comprehensively renovated throughout, including new windows, electrics, heating system, kitchen and bathroom, creating a fresh and modern home that is ready to move straight into.
A well-presented communal entrance and hallway provide a welcoming approach to the apartment.
Internally, the accommodation comprises a bright living room enjoying sea views, a separate modern kitchen, two well-proportioned bedrooms and a contemporary bathroom.
The location is particularly appealing, with Onchan village just a short walk away and Douglas also easily accessible.
Onchan Park is nearby, while the promenade is just a short stroll away, offering lovely coastal walks and easy access towards Douglas.
Inclusions All fitted floor coverings, blinds and light fittings Appliances Oven, 4 ring hob and fridge/freezer Tenure Leasehold, remainder of 999 years.
Management fees - tbc Rates Payable Treasury tel and Douglas Borough tel Services Electric 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
FAQ
About Flat 2, 33 Royal Avenue West, Onchan
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