4-bedroom detached house · IM7 1EY
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Corony Mill House is a handsome double-fronted detached residence, recently and extensively renovated by the current owners to create a superb character home with an exceptional degree of flexibility.
Occupying an impressive plot of approximately one-third of an acre, the property enjoys an elevated and wonderfully leafy setting, offering a high degree of privacy whilst bordering open fields to one side.
Conveniently positioned within a short drive of both Ramsey and Laxey, with Dhoon School and convenient bus routes within easy walking distance, the property combines a tranquil semi-rural setting with excellent everyday accessibility.
Retaining an abundance of character and charm, the house has been thoughtfully modernised with quality fixtures and fittings throughout.
The accommodation is arranged over three levels, creating an exceptionally versatile home which is currently utilised to provide multi-generational living.
The flexible configuration allows the property to adapt readily to the changing needs of a family, whilst retaining a wonderful sense of space and individuality.
The ground floor is centred around three superb reception rooms, including a lovely living room with a striking feature brick fireplace, a separate family room and an impressive dining kitchen.
The kitchen provides an excellent social hub for the home, with direct access onto the south-facing patio, creating a seamless transition between the interior and garden and an ideal setting for alfresco dining and entertaining.
A large separate utility room provides excellent practical space, while a ground-floor shower room adds further convenience.
The property also benefits from an integrally accessed double garage, complemented by an attached garden lean-to offering useful additional storage or workshop space.
This is further supported by a generous driveway providing off-road parking for several vehicles. The first floor provides four well-proportioned bedrooms together with a family bathroom.
The accommodation offers excellent flexibility for family life, guests or home working, with the current arrangement demonstrating the property's suitability for multi-generational occupation.
The second floor provides an additional hobbies room/occasional fifth bedroom, with two further rooms leading off.
This particularly versatile area offers an exciting opportunity for a purchaser to create their own preferred layout and use, whether as additional bedrooms, a home office, studio, games room, hobbies area or further independent living space, subject to any necessary planning and building approvals.
Externally, the property occupies a truly impressive plot of approximately one-third of an acre.
Colourful wrap-around lawned gardens are beautifully established with a wonderful variety of mature trees and shrubs, creating a private and secluded setting.
A south-facing sitting area provides the perfect spot to relax and enjoy the sunshine, whilst the property's elevated position and adjoining fields further enhance the sense of space and tranquillity.
A gated driveway provides access to the property and integral double garage. Please note that the property enjoys a right of way over the neighbouring driveway to access the property.
Corony Mill House represents a rare opportunity to acquire a substantial and characterful detached home with remarkable versatility.
With three levels of adaptable accommodation, five potential bedrooms, three superb reception spaces, excellent garaging and parking, an approximately one-third-acre private plot and outstanding multi-generational potential, this handsome residence offers a wonderful combination of character, space, privacy and modern family living in a highly desirable location between Ramsey and Laxey.
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 Drainage Septic tank
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
Agent & docs
FAQ
About Corony Mill House, Corony Bridge, Ramsey
Explore nearby