3-bedroom semi-detached house · IM4 7HR
For saleListed 297 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this impressive period home enjoys stunning sea views from the rear and provides deceptively spacious accommodation arranged over three levels.
The property is ideally situated in the picturesque village of Laxey, with beautiful coastal and countryside walks right on your doorstep.
The well-presented accommodation includes a living room with a square bay window to the front, complemented by a separate sitting room to the rear which takes full advantage of the exceptional views across Laxey Bay, Clay Head and out to sea.
On the lower ground floor (garden level) is a modern dining kitchen, featuring French doors opening directly onto the rear garden, creating an ideal space for everyday living and entertaining.
The upper floors provide three bedrooms and a family bathroom.
Externally, the rear garden is mainly laid to lawn and borders the historic Manx Electric Railway, with the nearby Fairy Cottage station adding a unique and charming feature to the setting.
To the front of the property there is off-street communal parking.
A rare opportunity to acquire a characterful coastal home with superb views, generous accommodation and a highly desirable village location.
Inclusions All fitted floor coverings, blinds, curtains and light fittings Appliances Oven and 4-ring hob, washing machine and dryer Tenure Freehold Rates Treasury tel - Heating Oil Windows uPVC double glazing
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 Braeside, Fairy Cottage, Laxey
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