We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · IM9 6AN
Sold STCListed 328 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting an immaculately presented 1st-floor apartment in the charming village of Port Erin, this 2-bedroom flat offers a serene living environment within walking distance to local amenities and the beach.
Recently redecorated throughout, this apartment boasts newly fitted carpets/flooring, creating a fresh and inviting ambience as you step inside.
The open plan lounge seamlessly flows into a newly fitted modern kitchen, offering a versatile space for relaxation and culinary pursuits.
Featuring 2 double bedrooms, this property provides comfortable sleeping quarters or potential office space for remote working. The bathroom comprises a bath with shower attachment, sink, and toilet.
Benefiting from newly installed UPVC double glazing, this apartment ensures energy efficiency and sound insulation.
The newly installed electric heating and hot water system guarantee a cosy and cost-effective living environment, especially during the cooler months.
Convenience is key with ample off-road parking available, providing ease and accessibility when returning home or hosting guests.(*Potential homeowners or investors alike will appreciate the opportunity to own a well-maintained property in a sought-after location.
Whether seeking a peaceful retreat or a savvy investment, this apartment offers the ideal blend of comfort, style, and convenience.
Book your viewing today and step into a lifestyle of tranquillity and modern living.*) Parking - Off street Ample Off Road Parking Around The Complex
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.
Area
Agent & docs
FAQ
About Bridson Street, Port Erin, IM9
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