2-bedroom flat · IM2 4LX
Under offerListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented third floor apartment offers contemporary style with comfortable living, making it ideally suited to professionals, couples, or those looking to downsize.
Set within a converted building on Castle Drive, the property enjoys a quiet yet highly convenient location, just a short walk from the promenade, as well as local shops, cafés, and a wide range of amenities.
The accommodation comprises a bright and spacious open-plan living area, along a fitted kitchen. There are two well-proportioned double bedrooms, complemented by a modern family bathroom.
In summary, the property offers an appealing balance of modern comfort and character, further enhanced by its sought-after coastal location.
LOCATION Traveling from the sea terminal along Douglas Promenade. Turn left from Central Promenade onto Empress Drive.
Continue up this one-way road and carry on around to the right and follow the road along to the stop sign.
Continue straight ahead for a short distance branching off to the right onto Castle Drive where Delamere Apartments can be found on the corner.
COMMUNAL ENTRANCE FLAT 9 - THIRD FLOOR ENTRANCE HALL BEDROOM 9' 2'' x 13' 1'' (2.8m x 4m) Stairs upto HALLWAY BEDROOM 14' 5'' x 8' 10'' (4.4m x 2.7m) BATHROOM 7' 10'' x 6' 3'' (2.4m x 1.9m) LIVING ROOM 16' 5'' x 11' 10'' (5m x 3.6m) KITCHEN 11' 10'' x 8' 10'' (3.6m x 2.7m) TENURE LEASHOLD - Remainder of 999 year lease.
SERVICE CHARGE: £1,561.78 per annum. Ground Rent: £10 per annum. VIEWING Viewing is strictly by appointment through CHRYSTALS. Please inform us if you are unable to keep appointments.
POSSESSION Vacant possession on completion of purchase.
The company do not hold themselves responsible for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.
DISCLAIMER - Notice is hereby given that these particulars, although believed to be correct do not form part of an offer or a contract.
Neither the Vendor nor Chrystals, nor any person in their employment, makes or has the authority to make any representation or warranty in relation to the property.
The Agents whilst endeavouring to ensure complete accuracy, cannot accept liability for any error or errors in the particulars stated, and a prospective purchaser should rely upon his or her own enquiries and inspection.
All Statements contained in these particulars as to this property are made without responsibility on the part of Chrystals or the vendors or lessors.
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 9 Delamere Apartments, Castle Drive, Douglas
Explore nearby