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See how verdicts work2-bedroom flat · IM2 2EL
Sold STCListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in Stevenson Way, Douglas, Isle of Man, this charming first-floor apartment is part of an exclusive over 50s complex, offering a tranquil and convenient lifestyle.
This highly sought-after property is rarely available on the market and comes with the advantage of no onward chain, making it an ideal choice for those looking to settle in a peaceful community.
The apartment boasts a well-designed layout, featuring a welcoming reception room that provides a perfect space for relaxation and entertaining.
With two generously sized bedrooms, there is ample room for guests or a comfortable home office.
Residents will appreciate the well-maintained communal areas that enhance the overall living experience. A chair lift is available, ensuring easy access to the first floor for all residents.
The property is conveniently located at the end of a quiet cul-de-sac, within close proximity to local shops, amenities, and bus routes, making daily errands and outings effortless.
Additionally, the apartment includes an allocated parking space, providing practicality and ease of access for residents and visitors alike.
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 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
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FAQ
About Flat 7, Cooil Fastee, Stevenson Way Douglas
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