2-bedroom flat · IM5 1XF
For saleListed 6 days
Opportunity summary
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About
• Top Floor Apartment • Situated in a sought after area • Within walking distance of schools, shops and local amenities • Open plan Lounge/Kitchen/ diner • 2 double Bedrooms, Bathroom • Allocated parking space • Gas fired central heating, uPVC double glazing • Viewings highly recommended Black Grace Cowley are delighted to offer 6 Close Beg, a well presented top floor apartment situated in a popular residential location and within close proximity to local amenities, schools, shops, Barbary West Coast and West Coast Fitness Gym.
A covered porch at the front of the building is home to the post boxes for each apartment with an entry system. Through the wooden front door into the communal entrance hall with stairs to all floors.
No.6 is situated on the second floor. Entering the apartment via the front door, which leads into a welcoming entrance hall with two storage cupboards.
Off the hall is a spacious 25ft open-plan Lounge, Kitchen and Dining Room which provides a bright and airy living space.
The kitchen is fitted with a range of base and wall units with contrasting work surfaces, built in over and hob, space for a free standing fridge freezer and plumbing for a washing machine.
There are two generously sized double bedrooms, bedroom 1 is complimented by a built in triple wardrobe with sliding doors. The bathroom is fitted with a bath with shower over, wash hand basin and WC.
The property benefits from attic space accessed via a slingsby ladder. Fibre broadband. Gas fired central heating, uPVC double glazing, Leasehold with active management company in place.
BGC are delighted to offer 6 Close Beg to the market, a well presented top floor apartment situated in a popular residential location and within close proximity to schools, shops, Barbary West Coast and West Coast Fitness Gym.
Douglas, Ramsey and the airport are a short drive away and there is a regular bus service through Ballawattleworth Estate making this a good option for both drivers and non-drivers.
A covered porch at the front of the building is home to the post boxes for each apartment with an entry system, leading into the communal entrance hall with stairs to all floors.
No.6 is situated on the second floor. Entering the apartment via the front door, leads into the entrance hall with two storage cupboards.
At the end of the hallway is a spacious 25ft open-plan Lounge, Kitchen and Dining Room which provides a bright and airy living space with beautiful views to Slieau Whallian at the front and from the kitchen window, towards Peel Hill and Corrins Folly.
The kitchen is fitted with a range of base and wall units with contrasting work surfaces, built in oven and hob, space for a free standing fridge freezer and plumbing for a washing machine.
There are two generously sized double bedrooms, bedroom one is complimented by a built in triple wardrobe with sliding doors.
The bathroom is fitted with a bath with shower over, wash hand basin and WC. The property benefits from attic space accessed via the hallway. Fibre broadband.
Gas fired central heating, uPVC double glazing, Leasehold with active management company in place. Allocated parking space.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Close Beg, Peel
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