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See how verdicts work2-bedroom flat · IM9 6DJ
Listing removedListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious apartment situated in an excellent central location, offering easy access to all Port Erin amenities, shops, and the beach.
The accommodation comprises a dining kitchen leading through to a comfortable lounge, two double bedrooms and a bathroom.
The property also benefits from an allocated parking space to the rear of the building. No onward chain.
LOCATION Travelling into Port Erin on Station Road from the Four Roads roundabout turn right into Bridson Street, opposite the garage.
Turn left into Orchard Road and the apartments can be found on the left hand side. COMMUNAL ENTRANCE Staircase leading up to first floor. HALLWAY Entry phone, built-in store cupboard.
DINING KITCHEN 14' 4'' x 8' 7'' (4.36m x 2.62m) Fitted dining kitchen with a good range of wood effect fronted wall and base units with contrasting worktops and tile splashbacks, incorporating electric oven, ceramic hob, stainless steel sink unit, cooker hood, fridge/freezer, washing machine.
Laminate flooring. Gas central heating boiler. Opening to: LOUNGE 12' 4'' x 10' 10'' (3.77m x 3.29m) Bright and airy room. Distant sea views.
BEDROOM 2 12' 2'' x 6' 9'' (3.70m x 2.06m) Front aspect. Views towards Bradda Head. BEDROOM 1 14' 2'' x 9' 6'' (4.33m x 2.90m) Spacious double bedroom. Rear aspect.
BATHROOM White suite comprising panelled bath with shower over, wash hand basin, mirror, w.c., laminate flooring. Xpelair. OUTSIDE 1 Designated parking space.
SERVICES Mains water, drainage and electricity. Gas central heating. uPVC double glazing.
ground floor Hall cupboard contains electricity distribution equipment, in order to comply with current legislation. POSSESSION Leasehold. Remainder of 999 year lease.
Management Company in place. Management Fees £1950 per annum (incl. ground rent). No pets allowed. Vacant possession on completion of purchase. NO ONWARD CHAIN.
The company do not hold themselves responsible for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.
DISCLAIMER - Notice is hereby given that these particulars, although believed to be correct do not form part of an offer or a contract.
Neither the Vendor nor Chrystals, nor any person in their employment, makes or has the authority to make any representation or warranty in relation to the property.
The Agents whilst endeavouring to ensure complete accuracy, cannot accept liability for any error or errors in the particulars stated, and a prospective purchaser should rely upon his or her own enquiries and inspection.
All Statements contained in these particulars as to this property are made without...
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 2 Orange Grove House, Orchard Road, Port Erin
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