3-bedroom detached house · IM7 5EE
For saleReduced £75k (−14.3%) on 10 OctListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to transform a substantial three-bedroom property into an exceptional family home.
Set in a secluded position on the edge of a delightful village, the property stands in approximately 0.619 acres and could enjoy outstanding countryside views.
It combines space and privacy with convenient access to the local shop, amenities, church and school.
The generous accommodation comprises two large bedrooms, a third bedroom, living room, dining room, kitchen, utility room, conservatory, bathroom and separate WC.
The property also benefits from an old single-storey Manx Tholtan outbuilding and the potential to redevelop two existing garages.
Although comprehensive renovation and modernisation are required, the property offers remarkable scope to redesign and enhance the accommodation to suit individual requirements.
The property will be suitable for cash buyers only. Location From Ballaugh Bridge travel out of the village heading towards Sulby.
Ballamoar Lane can be located a short distance along on the right hand side. After approx. 300m the property can be located on the left hand side.
Front Porch (9' 2'' x 5' 3'' (2.8m x 1.6m)) Living Room (16' 9'' x 15' 1'' (5.1m x 4.6m)) Kitchen (16' 9'' x 8' 10'' (5.1m x 2.7m)) Pantry (6' 11'' x 6' 3'' (2.1m x 1.9m)) Room (12' 10'' x 10' 6'' (3.9m x 3.2m)) Sun Room (15' 1'' x 9' 6'' (4.6m x 2.9m)) Rear Porch (8' 6'' x 8' 2'' (2.6m x 2.5m)) First Floor Bedroom (12' 10'' x 12' 10'' (3.9m x 3.9m)) Bedroom (16' 9'' x 14' 5'' (5.1m x 4.4m)) Bedroom (10' 6'' x 7' 10'' (3.2m x 2.4m)) Bathroom (10' 6'' x 9' 6'' (3.2m x 2.9m)) Attic (5' 11'' x 7' 10'' (1.8m x 2.4m)) Outside Accessed via a right of way and sitting in a plot of approx.
0.619 acres. Woodland and former gardens ripe for restoration. Basic garage/lean-to building. Services Mains water and electricity. Septic tank. Oil fired central heating.
Viewing Viewing is strictly by appointment through chrystals Please inform us if you are unable to keep appointments. Possession Vacant on completion.
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for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.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
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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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 Ballamoar House, Ballamoar Lane, Ballamoar House, Ballamoar Lane, Ballaugh
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