2-bedroom flat · IM2 4LQ
Listing removedListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Available Immediately Spacious Two-Bedroom Apartment in a Prime Douglas Promenade Location This beautifully presented two-bedroom apartment offers generous accommodation in a desirable coastal locations.
The property features two spacious double bedrooms, each benefiting from its own en-suite bathroom, with the principal bedroom enjoying a full en-suite bathroom with bath, whilst the second bedroom benefits from a modern en-suite shower room.
A separate guest WC provides additional convenience, giving the apartment three toilets in total.
At the heart of the home is a bright and spacious open-plan living, dining and kitchen area, creating an ideal space for both relaxing and entertaining.
The fitted kitchen comes complete with a dishwasher, fridge freezer and washing machine, allowing you to move straight in with ease.
The apartment also enjoys partial sea views and is perfectly positioned just moments from Douglas beach and promenade, whilst remaining within easy walking distance of the town centre, local cafés, restaurants, shops, supermarkets and excellent public transport links.
Email to arrnage a viewing to appreciate the size, location and convenience this superb apartment has to offer.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 3, Empress Apts, Isle Of Man
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