2-bedroom flat · IM2 4NS
Listing removedListed 81 days · slow let
Opportunity summary
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About
A spacious and well-presented apartment occupying a prime position on Douglas Promenade, enjoying superb sea views and offering generous accommodation within the popular Piccadilly Court development.
The apartment is presented in clean, neutral condition throughout and benefits from attractive wood flooring, excellent proportions and plenty of natural light.
A particular highlight is the large living room, where the distinctive arched windows frame views directly across Douglas Promenade and out to sea.
The room provides ample space for both living and dining furniture, while the outlook gives the apartment a real sense of space and makes the most of its seafront location.
The modern fitted kitchen offers an excellent range of contemporary white units with contrasting worktops, integrated oven, hob and extractor, together with dishwasher, washing machine and freestanding fridge/freezer.
The kitchen also benefits from another of the property's attractive arched windows.
There are two generously proportioned bedrooms, both finished with wood flooring and neutral décor, providing flexible accommodation for a couple, professional tenant or those requiring a home office/guest room.
The accommodation is completed by a particularly smart contemporary bathroom, finished in modern grey tones and featuring a large walk-in shower with rainfall shower head, WC, wash basin with vanity storage and heated towel rail.
The apartment is accessed via a welcoming tiled entrance hall and forms part of the established Piccadilly Court development, positioned directly opposite the landscaped promenade and just a short walk from Douglas town centre, restaurants, cafés, shops and the financial and business districts.
Available immediatley.
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
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FAQ
About 28 Piccadilly Court Queens Promenade, Isle Of Man
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