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 · IM2 6AB
Listing removedListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stylish modern ground floor purpose-built apartment is situated in a quiet cul-de-sac within a highly sought-after and convenient location.
The property is just a short walk from Tesco superstore, Nobles Park, the promenade and Douglas city centre, making it an ideal choice for those seeking both comfort and accessibility.
Offering light, airy and well-presented accommodation throughout, the apartment features an impressive open-plan living and dining room with an opening through to the kitchen, creating a bright and sociable living space.
A sliding door from the living area provides access to a private patio with space for a table and chairs-perfect for relaxing outdoors. There are two bedrooms, served by a well-appointed bathroom.
Externally, the property benefits from communal parking. This attractive apartment would make an ideal purchase for a first-time buyer, offering modern living in a peaceful yet central location.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Freestanding oven with 4 ring hob, fridge freezer, washing machine Tenure Leasehold - held on the remainder of a 125 year lease with a management company in place which has set the current service charge at approximately £1200.00 per annum Rates Treasury tel and Douglas Borough tel Heating Gas Windows uPVC double glazing
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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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
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FAQ
About Apartment 1, 37 Linden Gardens, Douglas
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