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 2FA
Under offerListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented modern first-floor apartment situated in the sought-after Stevenson Court development in Farmhill, Douglas.
Offering bright and contemporary accommodation throughout, this attractive home is ideal for professionals, first-time buyers, or those seeking a low-maintenance property.
ACCOMMODATION: Benefiting from its own private entrance, the apartment features a spacious and light-filled open-plan lounge and kitchen, creating an inviting living space perfect for both relaxing and entertaining.
The stylish fitted kitchen is well-appointed with a range of modern units and integrated appliances, providing both practicality and a sleek finish.
There are two generous double bedrooms, including a principal bedroom benefiting from extensive built-in wardrobe space, providing excellent storage.
A contemporary fitted bathroom completes the accommodation, featuring modern fixtures and fittings.
OUTSIDE: Externally, residents enjoy access to well-maintained communal gardens, providing attractive outdoor surroundings, while the property also benefits from an allocated parking space for added convenience.
Finished to a high standard throughout, this appealing apartment combines comfort, style, and practicality in a popular residential location close to local amenities and Douglas town centre.
An excellent opportunity to acquire a modern home in a desirable development. TENURE - Leasehold with active management company in place, charges are currently set at approx £1050.00 per annum.
Pets are allowed but must be kept under control. THINKING OF SELLING? We are professionally qualified estate agents and licensed members of the National Association of Estate Agents (NAEA).
We provide free of charge walk through valuations based on properties that have sold so the valuation is far more accurate and realistic in this buoyant market.
We will also advise and listen to your thoughts and plans.
Give us a call on or email us at DISCLAIMER Whilst Manxmove Ltd believe that these details are correct, neither Manxmove Ltd or their clients guarantee their accuracy in any way.
Consequently, these details are not to be used to form part of any legally binding contract.
Prospective purchasers or tenants are advised to visit this property to satisfy themselves as to the correctness of these details.
Please note, we use wide angle camera lenses in order to show as much of each room as possible.
This is not intended to mislead any prospective purchasers or tenants in any way and an honest verbal description is always available prior to viewing if required.
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 Stevenson Court, Douglas, Isle of Man, IM2
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