3-bedroom house · IM4 7JY
Listing removedListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive three bedroom detached home occupying a particularly generous corner plot within the popular residential area of Church Close, Lonan.
Offering spacious accommodation, a large lawned garden and sea views, the property is offered with vacant possession and no onward chain.
The accommodation is well laid out and ideally suited to family living.
The main living areas provide comfortable and versatile space, with the conservatory creating an excellent additional reception area overlooking the garden.
Doors open directly from the conservatory onto a paved patio, providing a natural extension of the living space during the warmer months and a great spot for outdoor dining and entertaining.
There are three bedrooms, with the principal bedroom benefiting from its own en suite shower room, in addition to a main family bathroom. One of the real features of the property is the outside space.
Occupying a large corner plot, the house enjoys an extensive lawned garden offering plenty of room for children, entertaining or simply enjoying the surroundings.
The elevated position also provides attractive sea views.
To the front is a large driveway providing ample off-road parking and access to the integral garage, offering useful additional parking and storage.
The property benefits from gas fired central heating and represents an excellent opportunity for buyers looking for a detached home with plenty of outside space in a popular location close to Laxey and the east coast.
Offered with vacant possession and no onward chain, 3 Church Close is ready for its next owner and early viewing is highly recommended.
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 3, Church Close, Laxey Isle Of Man
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