4-bedroom bungalow · IM4 7PX
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive and substantial detached coastal residence occupying approximately 1.5 acres on the outskirts of Laxey, enjoying a private setting together with far-reaching views towards the Cumbrian coastline.
South Court offers exceptionally spacious and versatile accommodation arranged around a series of generous reception rooms, making it ideally suited to family living and entertaining.
The ground floor includes three reception rooms, a study, sun room, conservatory and fitted kitchen, with a combination of large windows and glazed doors allowing plenty of natural light and providing access to the surrounding terraces and gardens.
There are four well-proportioned bedrooms and three bathrooms, including two en-suite facilities.
The impressive principal bedroom is particularly spacious and benefits from fitted storage together with a large en-suite bathroom.
One of the standout features of the property is the private indoor leisure complex, centred around a large swimming pool and complemented by a jacuzzi, sauna, showering facilities and kitchenette.
The vaulted ceiling and extensive glazing create a bright and distinctive entertaining space.
The basement provides further useful accommodation, currently comprising a plant room, wine cellar, storage and cloakroom, with considerable scope for alternative use or further development, subject to the necessary consents.
Outside, a private driveway leads to ample parking and a double garage.
The mature south-facing gardens extend to approximately 1.5 acres, with extensive lawns, established trees and terraces providing excellent privacy.
Conveniently positioned for Laxey village, Douglas and Ramsey, South Court offers a rare combination of space, land, leisure facilities and further potential, with the added benefit of no onward chain.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About South Court, Ramsey Road, Laxey
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