3-bedroom house · IM9 4AT
Listing removedListed 451 days
Opportunity summary
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About
A charming end of terrace cottage in a delightful semi-rural location just minutes from the coast, with far-reaching views over the countryside.
Within walking distance of the popular Shore Hotel and the sweeping beach of Bay Ny Carrickey, convenient for bus route.
Accommodation on the ground floor comprises a cosy lounge with feature fireplace, a separate dining room and kitchen, whilst upstairs there are 3 bedrooms and a shower room.
Outside is a large garden with a lawned area, mature shrubs, trees, a stone outbuilding and shed. Parking space. No onward chain.
Location Travelling out of Port Erin continue straight over at the Four Roads roundabout into Castletown Road and left at the junction onto the A5 coast road.
Take the first turning on the left immediately after the Shore Hotel and proceed around the bend, where 1 Mill Cottages can be found on the right hand side.
Entrance Hall Wood-effect laminate flooring. Staircase to first floor. Lounge (13' 7'' x 10' 6'' (4.15m x 3.2m)) Cosy room. Ornate fireplace with wooden surround. Oak laminate flooring.
Front aspect with lovely countryside views. Understairs storage. 2 steps down to: Dining Room (13' 10'' x 6' 10'' (4.21m x 2.08m)) Rear aspect. Oak laminate flooring.
Opening to: Kitchen (12' 4'' x 9' 9'' (3.75m x 2.97m)) Fitted kitchen with a range of wall and base units with contrasting worktops, incorporating white sink unit, range-style cooker, tiled splashbacks, oak laminate flooring.
Door leading to side and rear garden. First Floor Landing Loft access. Bedroom 1 (13' 9'' x 12' 2'' (4.18m x 3.71m)) A generous room with lovely countryside views. Front aspect.
Bedroom 2 (11' 5'' x 10' 9'' (3.49m x 3.27m)) Dual aspect window offering pleasant garden views. High sloped ceiling. Bedroom 3 (10' 2'' x 8' 0'' (3.10m x 2.44m)) Rear aspect with views over garden.
Cupboard housing Worcester gas central heating boiler. Shower Room Suite comprising double shower, w.c. And pedestal wash hand basin. Tiled walls and flooring. Extractor fan.
Outside Large rear and side gardens, mainly laid to lawn with mature trees and shrubs. Open views to countryside beyond. Manx stone outbuilding, shed. Parking space.
Services Mains water, drainage and electricity. UPVC double glazing. Gas 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.
Area
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FAQ
About 1 Mill Cottages, Kentraugh, 1 Mill Cottages, Kentraugh, Colby
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