1-bedroom flat · IM2 4AA
Listing removedListed 52 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Purpose built unfurnished one bedroomed apartment centrally located in Douglas and close to local amenities.
The accommodation provides an open plan kitchen / living room benefitting from electric hob and oven, fridge, freezer and washer dryer. Living room with Juliet balcony.
Good sized double bedroom with double doors and Juliet balcony. Family bathroom. Allocated underground parking for one car. Electric heating. Available early October.
Some pets may not be allowed or smokers.
Directions Travel along Douglas Promenade and bear left at the Villa Marina traffic lights onto Broadway, at the next set of lights turn right onto Victoria Road, follow the road around and the development can be found on your right hand side.
Lease Terms Minimum 12 month lease Restrictions Sorry, smokers or pets Availabilty Available immediately
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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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
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FAQ
About 50, Imperial Court, Douglas
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