2-bedroom flat · IM2 2BU
Under offerListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in the far corner of a quiet cul-de-sac, this beautifully presented ground floor purpose-built apartment enjoys a peaceful position within a mature, leafy development.
Conveniently located, the property is within easy reach of local schools, shops and regular bus routes, making it an excellent choice for first-time buyers, investors or those seeking low-maintenance living.
The apartment offers spacious, light and airy accommodation throughout.
A welcoming living room is enhanced by a charming square bay window, allowing an abundance of natural light to flood the space and creating a bright, comfortable setting for everyday living.
The separate kitchen is well appointed and provides ample storage and workspace, while the accommodation is completed by two generous double bedrooms.
The principal bedroom benefits from a range of fitted wardrobes, providing excellent storage, and a stylish modern bathroom serves the apartment.
Externally, residents enjoy access to well-maintained communal gardens, creating an attractive green setting, together with communal parking for added convenience.
Combining generous accommodation, a peaceful location and excellent access to local amenities, this attractive apartment represents an ideal opportunity for a first-time buyer, investor or those looking to downsize into a well-presented home.
Inclusions All fitted floor coverings Appliances Oven and 4 ring hob, fridge Tenure Leasehold - held on the remainder of a 999 year lease with a management company in place which has set the current management fees at approximately £80.00 per calendar month Rates Treasury tel - and Douglas Borough tel - Heating Gas 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
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 11, Appledene Court, Douglas
Explore nearby