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 · IM3 2BD
Listing removedReduced £81k (−11.1%) on 23 JunListed 835 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• Large first floor sea fronted modern apartment in phase one of the Majestic Development • Private gated development fully double glazed throughout • Spacious Entrance Hall and Inner Hall • Dual aspect Lounge Diner, modern Kitchen Breakfast Room • 2 large double Bedrooms, 2 Bathrooms (1 En-suite) • Large walk in Store Room, private for this apartment • Walk in Utility Cupboard and built in storage throughout • South facing private terrace with uninterrupted sea views • Property benefits from allocated parking just outside the communal entrance and private Garage • Luxurious communal areas both inside the block and externally in the gardens • Approx 1,092 sq ft
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 Apartment 3, Majestic Apartments, Onchan
Explore nearby
.png){kind=logo}
