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See how verdicts work2-bedroom flat · IM8 2JA
Sold STCListed 416 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entrance Porch Entering from the communal hallway into a porch with a uPVC double glazed window providing views on to the front aspect, the porch is finished with carpeted flooring.
Lounge (Approx 20'0 x 10'3) A uPVC double glazed window is on your right when entering the room from the porch. The window provides views on to the front aspect.
There are two doors which allow access to the kitchen and the accommodation part of the property. The lounge has a ceiling light and carpeted flooring.
Kitchen (Approx 14'1 X 9'0) Spacious kitchen with a uPVC double glazed window with views on to the front aspect. There are floor and wall mounted cupboards on three sides.
Located next to the standalone gas cooker which has an oven, separate grill and 4 ring hob on top is a storage cupboard. On the wall in front of you when entering the kitchen is the gas boiler.
Plumbing is available for a washing machine. Along the same wall is the stainless-steel sink with drainer which has storage cupboards below.
The kitchen has a fluorescent ceiling light and linoleum tile effect flooring. Bedroom 1 (Approx 14'7 x 9'8) Large double bedroom located at the rear of the property with a uPVC double glazed window.
There is a built-in wardrobe, ceiling light and carpeted flooring Bedroom 2 (Approx 14'7 x 9'7) Further large double bedroom located at the rear of the property with a uPVC double glazed window and with a built-in wardrobe.
The bedroom is finished with a ceiling light and carpeted flooring.
Bathroom (Approx 9'3 x 6'3) Located next to bedroom two is the bathroom which has three piece-suite comprising of a bath which is on the left when entering the bathroom.
The WC with a concealed cistern is ahead of you with a vanity unit providing shelving for storage. To the right of the bathroom is the sink with further storage provided above and below.
The bathroom Outside There is a small sloped garden that extends along the frontage of the flat which belongs to the flat which has a small gate for ease of access. Double Garage (approx.
37'9 x 9'5) A large double and a half garage spanning the full depth of the apartment. The garage is accessed externally at the rear of the apartment block.
Communal Parking Parking is available on the concrete apron at the rear of the property next to the garages. Tenure Freehold with the length of the lease TBC.
Service Charge November 2025 - October 2026 - £1,550 per annum Rates Payable: 2025 - 2026 - £1,544.53 Services All main services are connected. Gas fired central heating. Double glazed throughout.
Fibre is available but not installed in the property Fire alarm system, fully fitted with emergency lighting and break glass alarms.
Directions Travelling from the Queens Promenade drive inland by the Queens Pier onto Queens Drive East, cross over Waterloo Road onto Queens Drive and Carlton Grove is the first building on the right hand side.
Offers All offers and negotiations through the offices of Cowley Groves & Co. Ltd. Possession Vacant possession will be given on completion by agreement.
Viewing Strictly by appointment through the Agents, Cowley Groves & Co. Ltd. 9 Parliament Street, Ramsey, IM8 1AS.
To make an appointment through Managing Agents Cowley Groves: Please contact our Ramsey office on or email us on We look forward to being of service to you. Cowley Groves & Co Ramsey Team
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
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FAQ
About 3 Carlton Grove, Ramsey, IM8 2JA
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