5-bedroom house · IM9 6PH
Listing removedListed 197 days
Opportunity summary
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About
An elegant detached double fronted house, situated in a popular quiet location with fabulous far-reaching views over the south of the Island.
Accommodation comprises living room, family room, office, snug, dining room, kitchen, 5 bedrooms, bathroom, separate w.c. And potential en-suite.
Outside are small front and rear gardens, garage and parking area. The property would benefit from modernisation.
Location Travelling into Port Erin along Station Road, pass the shops and bear right onto The Promenade. Proceed up the hill, passing Rowany Golf Course on the right hand side.
Continue down the dip and up the hill, then take the first turning on the right into Meadowfield, where Meadow Cottage is the first house on the left hand side. Entrance Porch Original tiled floor.
Door to: Hallway Staircase leading to first floor. Family Room (16' 9'' x 12' 8'' (5.10m x 3.86m)) Light airy room, large bay window with lovely views. Feature fireplace.
Living Room (16' 7'' x 13' 1'' (5.05m x 3.98m)) Large bay window. Snug/Bedroom 6 (12' 2'' x 10' 9'' (3.71m x 3.27m)) Rear aspect. Bathroom Suite comprising bath, w.c., wash hand basin.
Office (9' 5'' x 7' 7'' (2.87m x 2.31m)) Dining Room (12' 8'' x 9' 1'' (3.86m x 2.77m)) Original built-in cupboards.
Kitchen (12' 8'' x 10' 10'' (3.86m x 3.30m)) Range of wall and base units with worktops, incorporating stainless steel sink unit, electric oven and hob with cooker hood over, washing machine, dishwasher.
Tiled splashbacks. Door to outside. First Floor Half Landing Separate W.C. W.C. Bedroom 5 (9' 0'' x 8' 7'' (2.74m x 2.61m)) Rear aspect, lovely views over the fields.
Landing Spacious landing with window opening onto cast iron balcony. Super views. Enclosed staircase to second floor.
Bedroom 1 (12' 8'' x 11' 8'' (3.86m x 3.55m)) En-Suite Bathroom (11' 8'' x 10' 4'' (3.55m x 3.15m)) Plumbing in place - currently comprising w.c and wash hand basin.
Bedroom 2 (13' 0'' x 12' 7'' (3.96m x 3.83m)) Original fireplace. Dual aspect windows enjoying 'glimpses' of the sea. Understairs store cupboard.
Bedroom 3/Kitchen (13' 0'' x 10' 6'' (3.96m x 3.20m)) Dual aspect. Currently being used as a kitchenette. Second Floor Bedroom 4/Loft (15' 1'' x 13' 11'' (4.59m x 4.24m)) 2 x Roof lights.
2 x built-in storage cupboards. Large store cupboard. Outside Small rear and front gardens. Parking area to rear. Garage Single garage. Up and over door.
Services Mains water, drainage and electricity. Original wooden windows. Oil central heating. Possession Freehold. Vacant possession on completion. No onward chain.
The company do not hold themselves responsible for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.
Disclaimer - Notice is hereby given that these particulars, although believed to be correct do not form part of an offer or a contract.
Neither the Vendor nor Chrystals, nor any person in their employment, makes or has the authority to make any representation or warranty in relation to the property.
The Agents whilst endeavouring to ensure complete accuracy, cannot accept liability for any error or errors in the particulars stated, and a prospective purchaser should rely upon his or her own enquiries and inspection.
All Statements contained in these particulars as to this property are made without responsibility on the part of Chrystals or the vendors or lessors.
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.
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FAQ
About Meadow Cottage, 1 Meadowfield, Meadow Cottage, 1 Meadowfield, Port Erin
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