4-bedroom bungalow · IM4 7BT
For saleListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached Coastal Home occupying a generous plot extending to approx.
0.5 acres Uninterrupted panoramic views of the sea, stretching from Laxey Harbour and Beach all the way to Clay Head and the Cumbrian hills Public footpath right next to the property takes you in just 3-5 minutes to the famous Gelato Shed and Crumble Bar on Laxey Promenade Within walking distance to Laxey Beach, local amenities, the Shore Hotel and La Mona Lisa 3 Reception Rooms, Kitchen 4 bedrooms (2 on the ground floor, 2 on the first floor), 2 Bathrooms Detached double garage, off road parking Separate home office/workshop Guest WC Full planning permission granted for remodelling- 24/00366/B Beautifully maintained mature gardens Oil-fired central heating, Double glazing throughout No onward chain
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
Agent & docs
FAQ
About View Point, Old Laxey Hill, Isle Of Man
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