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See how verdicts work2-bedroom flat · IM3 2AF
Listing removedListed 297 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first-floor, purpose-built apartment offers coastal living with beautiful sea views across Douglas Bay.
Designed for modern lifestyles in mind, the property combines generous proportions and excellent natural light, creating a refined yet comfortable home.
Offered for sale with no onward chain, it represents an ideal opportunity for both owner-occupiers and investors seeking a high-quality, low-maintenance residence.
Set within a quiet and highly sought-after cul-de-sac, the apartment enjoys a peaceful setting while remaining exceptionally well connected.
Local shops, regular bus routes, Onchan Village, Douglas Promenade, and the City Centre are all within easy reach, allowing for effortless day-to-day living.
The apartment is accessed via a welcoming hallway leading through to an impressive living room.
This space is flooded with natural light and perfectly positioned to take full advantage of the beautiful views across Douglas Bay, making it ideal for both relaxing and entertaining.
The large dining kitchen provides excellent work space and an area for a dining table. There are two generously sized double bedrooms, both complemented by built-in wardrobes.
The principal bedroom benefits from an en-suite shower room, while the second bedroom enjoys access to a well-appointed Jack and Jill bathroom, offering flexibility for guests or shared living.
The property is further enhanced by communal parking.
Overall, this is a superb apartment offering space, light, and coastal views in one of Onchan's most desirable residential locations, with the added advantage of no onward chain and convenient access to all local amenities.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Double oven, 4-ring hob, fridge freezer and a washing machine Tenure held on the remainder of a 999 year lease (from September 1995) with a management company in place which has set the current management fees at approximately £2,400.00 per annum.
£50.00 per annum ground rent. Rates Treasury tel - and Onchan Commissioners tel - Heating Gas Windows Substantially uPVC double glazed
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
FAQ
About 10, Douglas Bay Apartments, Onchan
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