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See how verdicts work2-bedroom flat · IM3 1NW
For saleListed 349 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Rooftop Penthouse forms part of an exclusive complex of just sixteen executive apartments, set within secure, beautifully landscaped grounds.
Finished to the highest standards, the development offers exceptional facilities including a concierge service, communal swimming pool, spa, and gym.
Ideally located close to both Douglas and Onchan, residents enjoy easy access to shops, offices, entertainment, countryside walks, and the island’s spectacular sea cliffs - all just minutes away.
Situated on the second floor with private lift access, this South-facing penthouse offers nearly 2,000 sq.ft. Of luxurious internal accommodation and an additional 1,500 sq.ft.
Of landscaped rooftop garden. The outdoor space features professional lighting design and a luxurious hot tub, creating a stunning setting for relaxation or entertaining.
The open-plan living and dining area boasts full-length bi-fold doors, opening directly onto the rooftop terrace to seamlessly extend the living space for al fresco entertaining.
The master bedroom also features full-height glazing, flooding the room with natural light and showcasing impressive views across the treetops and out to sea.
This apartment is a truly unique haven, combining contemporary design, generous proportions, and a highly private, exclusive setting.
The property also includes a double garage with a mezzanine storage area.
Location Travel north along Douglas Promenade, turn off up Summerhill and continue, just before you reach the mini roundabout the entrance to Coutts Apartments can be found on your left hand side.
Communal Entrace Rooftop Penthouse Private Entrance Dining Area (16' 9'' x 11' 10'' (5.1m x 3.6m)) Kitchen (19' 8'' x 14' 9'' (6m x 4.5m)) Utility (5' 3'' x 6' 11'' (1.6m x 2.1m)) Living Room (23' 0'' x 26' 7'' (7m x 8.1m)) Rooftop Terrace (57' 9'' x 31' 6'' (17.6m x 9.6m) max) Bedroom (15' 5'' x 21' 8'' (4.7m x 6.6m)) Ensuite (10' 6'' x 7' 3'' (3.2m x 2.2m)) Inner Hall Family Bathroom (8' 10'' x 10' 10'' (2.7m x 3.3m)) Bedroom (13' 1'' x 20' 4'' (4m x 6.2m)) Outside Private garage with a generous mezzanine store within the roof, accessed by a pull down ladder.
An additional parking stand is located next to the garage. Tenure Leasehold - 999 years. Service charge: £8185 per annum. Management Company: The Coutts House Management Company Ltd.
Daytime Concierge A Concierge service will be provided between 9am and 5.30pm weekdays.
The team are available to provide all manner of assistance including - making appointments, organising laundry and dry cleaning, arranging domestic help or catering, organising taxis, theatre tickets, restaurant bookings, sourcing services available in the Treatment Room (beauty, physio, orthotics, massage, alternative, holistic therapy etc.) arranging gym instruction, personal training, swimming lessons etc.
The Concierge team can provide help and advice on all island facilities and regular what's on news. Importantly, the Concierge team provides a direct link to the Management Company.
Pool, Spa, Sauna, Gym And Treatment Room The swimming pool is 10 meters long and 4 metres wide with solid step access at the side. The Jacuzzi spa is set alongside the pool near the relaxation area.
The sauna is accessed from the pool area and a separate treatment room, accessed from the pool or changing area, is available for Apartment owners to reserve for various treatments or therapies.
The gymnasium is equipped with CV and weight training machinery. Male and Female changing areas include toilets, showers and lockers and provide access to the pool.
Services Mains services are connected. Viewing Viewing is strictly by appointment through chrystals. Please inform us if you are unable to keep appointments.
Possession Vacant possession on completion of purchase.
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 responsibility on the part of Chrystals or the vendors or lessors.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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FAQ
About The Rooftop Penthouse, Coutts House, The Rooftop Penthouse, Coutts House, Onchan
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