1-bedroom flat · IM2 4EE
Under offerListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apartment 4, Empress Apartments presents an excellent opportunity to acquire a well-presented purpose-built apartment in a prime position along Douglas Promenade, enjoying uninterrupted south-facing sea views and the convenience of modern coastal living.
Located on the first floor, the apartment offers a bright and comfortable layout, ideally suited to downsizers seeking a low-maintenance home, first-time buyers looking to step onto the property ladder, or investors searching for a well-positioned coastal property.
The living space is light-filled and welcoming, with direct access to a private balcony where you can take in the ever-changing coastal outlook — an ideal spot for morning coffee or unwinding at the end of the day.
The kitchen is neatly arranged and functional, flowing naturally from the main living area to create a practical yet sociable environment.
The double bedroom is well proportioned, offering a peaceful retreat, while the modern bathroom is finished in a clean, contemporary style.
A particularly valuable feature is the secure underground parking space, providing both convenience and peace of mind — a rare benefit for properties in such a central promenade location.
The building itself is well maintained and professionally managed, making it an attractive option for those seeking a lock-up-and-leave lifestyle or a straightforward investment opportunity.
With vacant possession available, the apartment is ready for immediate occupation.
Combining coastal views, secure parking and a private store room, and a highly convenient location within easy reach of Douglas town centre, local amenities, and transport links, Apartment 4 represents a superb opportunity to enjoy relaxed seaside living.
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 Apartment 4, Empress Apartments, Douglas
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