3-bedroom house · IM9 4NY
Listing removedReduced £10k (−4.4%) on 30 JunListed 878 days
Opportunity summary
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About
Requiring complete renovation throughout, this semi detached Manx stone cottage has been converted from the 2 original cottages and situated on the sought after Glen Road.
Accommodation comprises 3 reception rooms plus kitchen on the ground floor, whilst upstairs are 3 bedrooms, en-suite shower, bathroom with separate w.c.
Great potential to create excellent family home. Outside there is a good sized front garden. Suitable for cash buyers only. Location Travelling out of Port Erin turn left at the Four Roads roundabout.
Turn right at the next roundabout and proceed along the Main Colby Road. Turn left into Glen Road (by the Colby Village clock) and continue ahead.
Millcroft is situated a few hundred yards along on the left hand side, just past Croit Ny Glionney development. Porch Mosaic tiled floor. Hall Staircase to first floor.
Family Room (10' 1'' x 13' 7'' (3.07m x 4.14m)) Kitchen (22' 0'' x 5' 7'' (6.70m x 1.70m) max) Wall and base units. Door to rear.
Dining Room (8' 8'' x 13' 7'' (2.64m x 4.14m)) Serving hatch to kitchen. Lounge (17' 10'' x 14' 3'' (5.43m x 4.34m)) Fireplace. Beamed ceiling. Door to outside.
First Floor Landing Bedroom 1 (10' 8'' x 14' 2'' (3.25m x 4.31m)) Stairs to large boarded attic. Beamed ceiling. En-Suite Shower Room Shower cubicle, wash hand basin, w.c.
Bedroom 2 (10' 6'' x 14' 3'' (3.20m x 4.34m)) Beamed ceiling. Doorway to: Bedroom 3 (14' 4'' x 13' 11'' (4.37m x 4.24m)) Wash hand basin. Bathroom Good sized room with bath, wash hand basin.
Airing cupboard. Separate W.C. W.C. Outside Good sized secluded south facing front garden mainly laid to lawn with mature trees and shrubs. Shared access at rear.
Services Mains water, drainage and electricity. Possession Freehold. Vacant possession on completion of purchase. Suitable for cash buyers 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for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.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 Millcroft, Glen Road, Millcroft, Glen Road, Colby
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