3-bedroom house · IM4 6EE
Listing removedListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Follaton is a spacious family home set within over half an acre of beautifully landscaped gardens, occupying a desirable position in Baldrine with distant sea views.
The generous plot borders the historic Manx Electric Railway, creating a unique and characterful backdrop to this impressive home.
Located in a sought-after residential area, the property is within minutes of Laxey village, its school, and attractive beaches.
Offered for sale with no onward chain, Follaton presents an exciting opportunity for a purchaser to update and personalise the accommodation, reconfigure the layout if desired, and explore potential for extension, subject to all necessary consents.
The versatile layout begins with two separate entrance porches leading into a central hallway, together with a boiler room and cloakroom (WC).
The substantial living/dining room is a particular highlight, featuring two square bay windows designed to take full advantage of the superb views and natural light.
A separate sun room provides additional reception space overlooking the gardens. The modern kitchen serves the home, while there are three good-sized double bedrooms in total.
One bedroom is conveniently located on the ground floor and benefits from an en-suite bathroom, while bedroom two enjoys access to a potential dressing room.
A shower room is situated on the first floor, adding further practicality and flexibility.
Externally, the property is approached via an extensive driveway providing off-street parking for multiple vehicles and access to a detached double garage.
Adjoining the garage is a wood store and gardener’s WC, with an additional lower ground floor garden store offering excellent practical storage.
The large landscaped gardens are mainly laid to lawn and complemented by attractive patios positioned to capture the sun and surrounding aspects.
Mature shrubs and trees provide an abundance of colour and privacy, creating a picturesque and peaceful setting.
Follaton offers generous living space, beautiful surroundings, and exceptional potential in one of Baldrine’s most desirable locations.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Oven and 4 ring hob Tenure Freehold Rates Treasury tel Heating Oil Windows uPVC double glazing
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
Agent & docs
FAQ
About Follaton, Highfield Drive, Baldrine
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