3-bedroom house · IM9 6QS
Sold STCReduced £30.1k (−7.9%) on 25 JulListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting a rare opportunity to acquire a detached Manx stone cottage, this three-bedroom property is nestled in the picturesque south of the Island and enjoys a rural location with scenic hill views.
The cottage, which would benefit from complete modernisation (making it ideally suited to cash buyers), offers a wealth of potential to create a charming family home or rural retreat.
The accommodation comprises a welcoming lounge featuring a large fireplace with a log burner and views to the front overlooking the garden, providing a cosy and inviting atmosphere.
The kitchen is of a good size and benefits from a large storage pantry, while the bathroom is complemented by a separate w.c for added convenience.
The property includes one double bedroom and two single bedrooms (with the option to convert the singles back to one larger bedroom if desired), offering flexible living arrangements.
A large attic space presents further potential and boasts countryside views overlooking open fields, perfect for additional storage or possible conversion (subject to the necessary consents).
The integral single garage provides secure storage or parking, and there is a dedicated parking bay for one vehicle. Practical features include outside storage shed for further utility.
The property is offered with no onward chain, ensuring a straightforward purchase process for the discerning buyer.
Located within easy reach of beautiful walks and with Fleshwick Bay on your doorstep, this cottage combines the tranquillity of rural living with access to some of the Island’s most stunning natural landscapes.
This is an exceptional prospect for those seeking a project in a sought-after area, with the opportunity to restore and personalise a traditional Manx stone home to their own specification.
Early viewing is highly recommended to appreciate the scope and potential this unique property has to offer.
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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