2-bedroom bungalow · IM2 2HE
Listing removedListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet cul-de-sac, this superbly located and newly renovated two-bedroom semi-detached bungalow offers stylish, low-maintenance living in a highly convenient location.
Ideally positioned close to the Isle of Man Business Park and the National Sports Centre, the property is perfect for professionals, downsizers, or anyone seeking a move-in-ready home with excellent amenities nearby.
The accommodation has been thoughtfully designed to maximise both space and natural light.
At the heart of the home is a spacious living and dining room, providing a welcoming setting for relaxing or entertaining guests.
This flows seamlessly into a bright, contemporary kitchen, beautifully appointed with a full range of integrated appliances, offering both practicality and modern appeal.
There are two generously proportioned double bedrooms, each offering comfortable accommodation and flexibility for guests, home working, or additional storage if required.
Completing the internal layout is a well-presented family bathroom, finished in a clean and timeless style.
Externally, the property continues to impress with a beautifully paved rear garden, creating a private outdoor space that's ideal for enjoying the warmer months with minimal maintenance.
To the front, a generous driveway provides off-street parking for two vehicles.
Further benefits include gas fired central heating and UPVC double glazing throughout, ensuring year-round comfort and energy efficiency.
Combining modern finishes, an excellent layout, and a desirable residential setting close to Douglas' key amenities, this beautifully renovated bungalow presents a fantastic opportunity for buyers seeking a home ready to enjoy from day one.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 50, Cooil Drive, Douglas
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