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 · IM8 1EU
Under offerReduced £2.5k (−1.3%) on 12 SepListed 338 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish Third-Floor Apartment with Exceptional Coastal Views Set within a modern, purpose-built development, this delightful third-floor apartment enjoys an enviable outlook over Ramsey Bay, with far-reaching views stretching towards Scotland and the Lake District.
Its location is hard to beat, just moments from Ramsey town centre, Queens Pier, the beach, and convenient bus links to Douglas.
Beautifully finished throughout, the apartment features a bright and welcoming open-plan living area that seamlessly incorporates a contemporary kitchen and dining space.
There are two well-proportioned bedrooms, including a master with a built-in wardrobe, along with a stylish modern bathroom.
Additional storage is provided by a handy cupboard in the hall and a utility cupboard.
Practical features include gas-fired central heating, uPVC double glazing, a secure entry system, lift and stair access to all floors, and fibre broadband for smooth, reliable connectivity.
Adding further appeal, the property benefits from an allocated underground parking space, an invaluable advantage in this sought-after area.
A superb opportunity for first-time buyers, downsizers, or investors looking for a low-maintenance coastal home with stunning views.
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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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
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FAQ
About 8, Queens Pier Apartments Queens Drive East, Isle Of Man
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