2-bedroom flat · IM2 4NS
Listing removedListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stylish top-floor, purpose-built apartment offers an exceptional opportunity to enjoy uninterrupted panoramic views across Douglas Bay, stretching from Onchan Head to Douglas Head.
Ideally positioned directly on Douglas Promenade, the property combines stunning coastal surroundings with excellent access to the beach, cafés, restaurants, shops and transport links.
The apartment is tidily presented throughout, with a bright interior.
The spacious living and dining room is a particular highlight, featuring dual-aspect windows and exceptional views across the bay, creating a wonderful setting for both relaxing and entertaining.
The ever-changing seascape provides a spectacular backdrop throughout the year.
The separate breakfast kitchen is stylishly fitted with a comprehensive range of wall and base units, offering excellent storage and practical workspace.
Large windows ensure the room remains bright and welcoming. There are two generously proportioned double bedrooms, with the main bedroom benefiting from built-in wardrobes.
The second bedroom has its own separate entrance, providing excellent flexibility for guests, extended family, a home office or potential rental use.
The modern family bathroom includes a bath with shower over, vanity unit and WC. Further benefits include uPVC double glazing throughout and gas-fired central heating with a combination boiler.
Offering spacious accommodation, modern finishes and arguably some of the finest sea views on the Island, this exceptional apartment provides a rare opportunity to enjoy contemporary waterfront living in one of Douglas's most desirable locations.
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 49, Piccadilly Court, Queens Promenade, Douglas
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