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See how verdicts work1-bedroom flat · IM2 4EE
Under offerListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a wonderful seafront setting with beautiful views across Douglas Bay, this purpose-built ground floor studio apartment offers an appealing opportunity to enjoy a coastal lifestyle within easy walking distance of Douglas town centre.
The property benefits from a large paved terrace, providing a generous outdoor space from which to enjoy the views and coastal surroundings.
With the promenade and beach walks on the doorstep, the location is particularly well suited to those looking to make the most of seafront living.
The accommodation is approached via a spacious entrance hall, incorporating a large built-in wardrobe/storage cupboard together with a separate utility cupboard.
The main living space provides a combined living and bedroom area, complemented by a separate kitchen and bathroom. Externally, the apartment benefits from a larger designated parking space, No.
63, which is easy to access and offers additional door-opening space.
Offered for sale with no onward chain, this is a well-located ground floor apartment combining beautiful sea views, a large private terrace and the convenience of Douglas promenade, beach and town centre all within easy reach.
Inclusions All fitted floor coverings, blinds and curtains Appliances Electric oven with 4-ring hob and extractor hood, fridge and freezer Tenure Leasehold – held on the remainder of a 999-year lease, with an active management company in place.
The current service charge for the period November 2025 to end of November 2026 is £1,174.00. Ground rent for the period 12th November 2025 to 11th November 2026 is £262.43.
Rates Treasury tel and Douglas Borough tel Heating Electric heating complemented by a pressurised hot water cylinder Windows Double glazed
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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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.
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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
Agent & docs
FAQ
About 36, Empress Apartments, Douglas
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