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See how verdicts work2-bedroom flat · IM8 1LW
Sold STCListed 462 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Hallway (Approx 14'6 x 6'10) First cupboard on the left is used as a utility room. Space for a standalone washing machine and separate tumble dryer.
Ceiling light, wood effect vinyl flooring throughout.
Lounge and Kitchen (Approx 17'7 x 17'7) The kitchen area has an integrated fridge and freezer next to the sink with integrated slim line dishwasher, low level oven with ceramic hob above.
Wall mounted cupboards above with under cupboard lighting, extractor fan above the hob, 2 ceiling lights. Wood effect vinyl flooring throughout.
There are wonderful views across Ramsey beach, out to bride and over to the Swing Bridge through the uPVC double glazed window in the lounge area.
The lounge area is finished with a ceiling fan and wood effect vinyl flooring throughout.
Conservatory (Approx 17'4 x 7'7) Tilt and turn uPVC double glazed windows providing with views across the north, Ramsey bay and out to Bride.
The conservatory is finished with linoleum flooring throughout.
Bedroom 1 (Approx 16'5 x 9'6) Large double bedroom with a uPVC double glazed window looking into the conservatory and the views across the north.
Built in double wardrobe on your right when entering the room. Ceiling light and wood effect vinyl flooring throughout.
Bedroom 2 (Approx9'4 x 7'5) Single bedroom with a uPVC double glazed window with views across the north and out to Bride.
Bathroom (Approx 6'10 x 5'6) White thee-piece suite comprising of bath with mixer tap centrally positioned. A Mira electric shower is wall mounted at one end of the bath with a glass shower screen.
The WC is next to the bath and vanity unit with sink on top and mixer tap, mounted on the wall above is a mirrored cupboard with shelving for storage.
The walls are tiled throughout and wood effect vinyl flooring and the bathroom has a ceiling light.
Plumbing & Heating Communal Boiler with direct hot and cold water, panel radiators throughout with thermostatic valves. Electrical & Power Mains distribution board.
Maintenance Charges Leasehold – Approx 75 years remaining. Lease expiry date - 27th May 2101.
Service Charges: Service Charge May 25 - Nov 25 - £1,525.00 Sinking Fund May 25 - Nov 25 - £410,00 Ground Rent Nov 24 - May 25 - £96.30 This covers buildings insurance, cleaning and heating of communal areas and includes hot water and central heating, lift maintenance, caretaker, and security.
Rates: 2025 - 2026 £1,305.24 Offers All offers and negotiations through the offices of Cowley Groves & Co. Ltd. Vacant possession will be given on completion by arrangement.
Viewing Strictly by appointment through the Agents, Cowley Groves & Co. Ltd. 9 Parliament Street, Ramsey, IM8 1AS. Please contact our Ramsey office on or email us on
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.
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FAQ
About 702 Kings Court, Ramsey, IM8 1LW
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