3-bedroom house · IM9 4NY
Listing removedListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached cottage on a fabulous plot of approximately 1 acre, tucked away in a sought-after peaceful, semi-rural location.
Accommodation comprises living room, sun room, dining room, dining kitchen, store room, utility/laundry area, study area, 3 bedrooms, bathroom and shower room.
Outside is a lovely large private garden extending to the far side of the river, with lawned area, raised patio. Detached garage and parking area (potential for further driveway).
Requires modernisation. Location Travelling out of Port Erin along Castletown Road, 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.
Just before you reach Costain Close on the right, turn left along the side of Mill House and Thie Ny Howin will be found straight ahead.
Porch (5' 7'' x 18' 9'' (1.70m x 5.71m)) Living Room (17' 5'' x 18' 9'' (5.30m x 5.71m)) Staircase to first floor. Beamed ceiling, Fireplace.
Step up to: Sun Room (15' 1'' x 15' 4'' (4.59m x 4.67m)) Electric heating.
Dining Room (17' 5'' x 12' 6'' (5.30m x 3.81m)) Step up to: Dining Kitchen (12' 10'' x 26' 4'' (3.91m x 8.02m)) Door to outside. Plumbing for washing machine.
Utility/Laundry (6' 8'' x 6' 7'' (2.03m x 2.01m)) Pantry/Store Room (9' 1'' x 20' 2'' (2.77m x 6.14m)) First Floor Landing Bedroom 2 (14' 5'' x 18' 6'' (4.39m x 5.63m)) Window to outside terrace.
Wardrobes. Bedroom 3 (10' 0'' x 11' 1'' (3.05m x 3.38m)) Wall of wardrobes including airing cupboard and immersion heater. Loft access.
Shower Room (7' 1'' x 7' 1'' (2.16m x 2.16m)) Bathroom (7' 6'' x 8' 5'' (2.28m x 2.56m)) Bath, shower, w.c., wash hand basin. Bedroom 1 (17' 5'' x 16' 0'' (5.30m x 4.87m)) Lovely large room.
Wardrobes. Storage heater.
Hall/Study Area (6' 9'' x 9' 8'' (2.06m x 2.94m)) Outside Large private garden approximately 1 acre, extending to the far side of the river, with lawned area, raised patio, greenhouse, brick store, barbecue area.
Parking area with potential to create driveway subject to necessary permission.
Please note: There has been an agreement in place for many years between the owners of thie ny howin and holly lea that each can use the driveway of the other to allow easy manoevering of vehicles for entry and exit.
The purchasers of thie ny howin will be required to agree to maintain this arrangement. Detached Garage Services Mains water, septic tank, oil central heating. Recently repointed chimney.
New flat roof in the sun room. Mostly secondary glazing. Possession Freehold. Vacant possession on completion of purchase. 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 Thie Ny Howin, Glen Road, Thie Ny Howin, Glen Road, Colby
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