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See how verdicts work2-bedroom flat · IM2 2NU
Listing removedListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within easy reach of a wide range of local amenities, 10 Richmond Court presents an excellent opportunity for comfortable and convenient living.
This immaculately presented two-bedroom apartment occupies a ground-floor position within a well-maintained purpose-built development and enjoys a peaceful setting with pleasant outlooks.
The property has been extensively refurbished within the last five years, including the installation of a modern kitchen, new windows an updated bathroom, and new flooring throughout, creating a stylish and move-in-ready home.
At the centre of the home is the spacious open-plan living and dining area, a bright and inviting space designed for both relaxation and entertaining.
Large windows allow natural light to fill the room, while a striking feature bay window creates additional floor space and enhances the overall sense of openness.
The contemporary kitchen has been thoughtfully updated and fitted with a range of modern appliances, including an induction hob, offering both style and functionality.
The kitchen is complemented by a gas combi boiler, ensuring efficient heating and reliable hot water throughout.
Both bedrooms are generously sized doubles and are positioned to the rear of the property, providing quiet and comfortable spaces for rest.
Each room benefits from ample storage space, making them practical as well as inviting.
The apartment is served by a bright, modern family bathroom featuring updated flooring and contemporary finishes that match the overall quality of the refurbishment.
Externally, the property benefits from renewed uPVC double glazing throughout and includes two allocated parking spaces, providing additional convenience and security for residents.
Ideal for first-time buyers, downsizers, or investors, 10 Richmond Court represents a rare opportunity to acquire a well-presented home that offers a balanced combination of style, comfort, and practicality in a popular residential location
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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 10 Richmond Court, Farmhill, Douglas, Isle of Man
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