1-bedroom flat · IM2 4LL
Sold STCListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented second floor one-bedroom purpose-built apartment, ideally positioned on Douglas Promenade and enjoying stunning views across Douglas Bay.
This attractive apartment offers spacious, bright and well-planned accommodation, making it an excellent choice for a first-time buyer, investor or anyone looking for a low-maintenance coastal home.
The impressive open-plan living, kitchen and dining area forms the heart of the property, providing a generous and versatile space for relaxing, dining and entertaining.
Large windows allow plenty of natural light into the room, while the good-sized balcony provides an ideal outdoor space from which to enjoy the outstanding panoramic views across Douglas Bay.
The well-proportioned double bedroom is also positioned to take advantage of the sea views, creating a pleasant and relaxing space.
A Jack and Jill bathroom provides practical access, while a separate utility room adds valuable functionality to the apartment.
There is also a useful separate storage room, providing excellent additional space for household items. Further benefits include electric central heating and uPVC double glazing.
The development is managed by a management company, helping to maintain the communal areas and overall presentation of the building.
With its sought-after Promenade location, excellent views and spacious accommodation, this apartment represents an excellent opportunity to acquire a well-presented coastal property close to Douglas town centre and its wide range of amenities.
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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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 72 Spectrum Apartments, Douglas, Isle of Man
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