3-bedroom house · IM7 2AQ
For saleReduced £20k (−4.2%) on 29 SepListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cherry Tree Cottage is an attractive semi-detached cottage occupying a desirable rural position within Glen Auldyn, one of the North of the Island's most sought-after countryside locations.
Offering a peaceful setting surrounded by beautiful rural scenery, the property combines traditional cottage character with versatile and practical accommodation, whilst remaining within convenient reach of Ramsey and its excellent range of amenities.
The property currently provides two comfortable double bedrooms, two bathrooms and a versatile ground floor room which can be utilised as a third bedroom or snug, depending on the requirements of the purchaser.
This flexible space could also provide an ideal home office, hobby room or additional living area.
Of particular interest, plans have previously been drawn up to create a further bedroom, providing the potential to reconfigure the accommodation into a more substantial three/four-bedroom home, subject to any necessary approvals and consents.
This offers an exciting opportunity for a purchaser to adapt the property to suit their own requirements and further enhance its versatility.
The two bathrooms provide excellent practicality and flexibility, while the overall layout is well suited to a variety of purchasers including couples, families, downsizers, retirees and those looking for a characterful countryside home or peaceful retreat.
Externally, Cherry Tree Cottage benefits from an attractive rural setting and parking provision, with the surrounding countryside providing an appealing backdrop.
Glen Auldyn is renowned for its tranquil environment and beautiful landscape, whilst Ramsey is within easy reach, providing access to shops, schools, restaurants, leisure facilities and everyday amenities.
With its character, desirable rural location, flexible 2/3-bedroom layout, two bathrooms and potential for additional bedroom accommodation, Cherry Tree Cottage represents an appealing opportunity to acquire a characterful home.
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
Agent & docs
FAQ
About Cherry Tree Cottage, Glen Auldyn, Isle Of Man
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