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See how verdicts work2-bedroom flat · IM2 7EL
Sold STCListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Ground Floor Frosted double glazed glass panel door leads into: Private Entrance Hallway Provides stairway access up to the apartment. Stair lift. Fuse box.
First Floor Apartment 6 Private Entrance Hallway (approx. 16'10 x 3'6) Entry intercom phone. Loft access. Lounge (approx. 15'10 x 10'10) Distant hillside views.
Open archway leading into: Kitchen (approx. 10'10 x 8'11) Fitted with a range of base, wall and drawer units.
Work surfaces incorporate an Asterite one and a half bowl sink with a mixer tap over and drainer. Tiled splashbacks.
Appliances include an oven, four ring Bosch halogen hob and Homark extractor hood above. Freestanding Samsung fridge/freezer with a water dispenser. Indesit slot-in washing machine.
uPVC double glazed window overlooking the school playing fields. Vaillant wall mounted gas fired central heating boiler. Extractor fan. Bedroom 1 (approx.
13'9 into Wardrobes x 10'10) Bank of fitted wardrobes to one wall. Separate storage cupboard. uPVC double glazed window to the rear aspect, overlooking the school playing fields. Coved ceiling.
Bedroom 2 (approx. 11'4 x 10'10) uPVC double glazed window providing distant hillside views. Bathroom (approx.
10'0 x 5'5) Fitted with a three piece suite comprising of a corner shower cubicle, pedestal wash hand basin and W.C. Frosted uPVC double glazed window. Heated towel rail.
Wall mounted mirrored medicine cabinet. Linen cupboard with fitted slatted shelving and heated pipes. Extractor fan. Outside Allocated parking space for one vehicle. Communal visitor parking.
Tenure Leasehold. Approximately 95 years remaining of a 125 year lease. Management Company There is an active management company in place with the current charge set at £1,526.00 Per Annum.
Services All main services are connected. Gas fired central heating. uPVC double glazed throughout.
Directions Travelling out of Douglas along Ballanard Road, turn right at Johnny Watterson's roundabout onto Johnny Watterson's Lane.
Proceed past Cronk-y-Berry and turn right into Governors Hill on Hailwood Avenue.
Take the first turning on the right hand side into Fuchsia Court and continue to the right, where number 6 can be found at the left hand side of the row of apartments.
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 Apt. 6 Fuchsia Court, Hailwood Avenue, Douglas, IM2 7EL
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