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See how verdicts work4-bedroom house · IM4 7DU
Listing removedListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Springfield Cottage is a stunning detached period home of immense character, situated in a convenient and highly desirable location within Laxey, close to the village’s many amenities including shops, school, restaurants and the beach.
Beautifully blending period charm with luxurious traditional-style fixtures and fittings, the property has been extensively modernised and refurbished by the current owners to an exceptional standard, creating a superb family home full of warmth, style and individuality.
The accommodation is beautifully presented throughout and offers generous, versatile living space ideal for a growing family.
There are two charming separate reception rooms, both enhanced by attractive Travertine flooring and feature fireplaces with inset log burners, creating inviting spaces perfect for cosy evenings and entertaining alike.
The dining kitchen provides an excellent central hub for family life and is complemented by a separate utility room for added practicality.
The property offers four bedrooms in total, including a ground floor bedroom with en-suite shower room, ideal for guests, multi-generational living or flexible family arrangements.
Two of the first floor bedrooms enjoy impressive vaulted ceilings with exposed beams, adding to the home’s character and charm, while a luxury family bathroom serves the remaining accommodation.
Externally, Springfield Cottage occupies a deceptively large plot with beautifully landscaped tiered gardens that are a true highlight of the property.
A sweeping pathway leads through mature planting and established shrubs and trees, all bursting with colour, to a superb elevated decking area enjoying fantastic views across Laxey, towards the sea and over the historic Manx Electric Railway to the rear.
Further benefits include off-street parking to the front of the property and an externally accessed garden room, ideal as a home office, gym or hobby space.
The extensive gardens, generous entertaining deck and stunning outlook create a wonderful outdoor environment, perfect for alfresco dining, relaxing or entertaining family and friends.
Springfield Cottage is a rare opportunity to acquire a beautifully restored character home offering charm, space and spectacular surroundings in one of the Island’s most picturesque villages.
Inclusions All fitted floor coverings, shutters and light fittings (excluding bedroom and office) Appliances Oven and 4 ring induction hob, dishwasher and washing machine Tenure Freehold Rates Treasury tel Heating Oil Windows Hard wood double glazing
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Springfield Cottage, Quarry Road, Laxey
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