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See how verdicts work4-bedroom detached house · IM4 7DA
For saleListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Carrigan Head is a sophisticated contemporary coastal residence extending to approximately 3,500 sq ft, occupying a private elevated position in Lower Laxey with spectacular uninterrupted views across Laxey Bay, harbour and coastline, together with an impressive outlook towards Snaefell.
Combining four en-suite bedrooms, beautifully appointed family and entertaining spaces, extensive terraces, generous private parking and an integral generous garage, this is a substantial modern home offering an enviable blend of privacy, convenience and coastal living.
A Home Above the Coast Carrigan Head enjoys a wonderfully secluded position while remaining within easy reach of the amenities and attractions of Lower Laxey.
The beach, harbour and promenade are all close by, together with a selection of cafés, restaurants and other village facilities. The elevated setting is one of the property's defining characteristics.
From virtually every principal living area, the surrounding landscape becomes part of the experience, with broad views over the bay to the east and towards the mountain landscape to the west.
The approach is via a raised driveway leading to the property, where an expansive forecourt provides an unusually generous amount of private parking — a particularly valuable feature in such a sought-after coastal location.
The Heart of the Home At the centre of Carrigan Head is a wonderfully generous kitchen, dining and living space — a room designed as much for being together as it is for preparing and enjoying food.
Its generous proportions give the kitchen a natural sense of occasion, while the substantial island creates a sociable focal point, equally suited to relaxed family breakfasts, children doing homework or friends gathering over drinks.
The kitchen itself combines considered design with the level of specification expected of a home of this calibre, with premium appliances and carefully chosen finishes throughout.
Yet it is the relationship with the landscape that makes the room particularly special.
The kitchen has been positioned to embrace the outlook, with the Belfast sink offering an almost cinematic view across Laxey Bay — turning one of the most routine moments of the day into something altogether more memorable.
A particularly useful feature is the generous concealed room accessed from the kitchen.
Currently arranged as a tasting room, this flexible space could readily be adapted to suit a variety of lifestyles, whether as a boot room, secondary preparation kitchen, home office or hobby room.
A further pantry and rear hall add valuable practicality.
Spaces to Relax & Entertain The accommodation extends well beyond the principal kitchen, providing a range of rooms that can adapt as the needs of a household change.
A comfortable snug provides a more intimate setting, centred around a striking full-height fireplace and multi-fuel stove.
Elsewhere, two further reception spaces currently provide dedicated areas for working and exercise, although their flexibility allows them to be configured according to individual requirements.
The upper-level entertainment room is a particularly impressive addition.
Generously proportioned and opening through bi-fold doors onto the principal terrace, it creates an exceptional setting for entertaining while keeping the surrounding coastline firmly in view.
A Terrace with a View The extensive upper terrace is undoubtedly one of Carrigan Head's greatest assets.
From this elevated position, Laxey Harbour and Bay unfold below, with uninterrupted views extending along the coastline and across the surrounding landscape.
It is an outdoor space with genuine versatility — equally suited to alfresco dining, entertaining guests or simply enjoying the changing light and weather across the bay.
Additional outdoor areas provide further opportunities for seating and landscaping, while the relatively low-maintenance grounds allow the focus to remain firmly on the setting.
Four Private Bedroom Suites The upper floor provides four generous double bedrooms, each accompanied by its own en-suite bathroom or shower room.
The principal bedroom benefits from a dedicated dressing area and a substantial wet room, while the remaining bedrooms each enjoy their own individual outlook.
The arrangement works particularly well for family living, offering privacy for occupants while also providing an excellent standard of accommodation for visiting guests.
Considered & Sustainable The property has been comprehensively redeveloped with an emphasis on natural materials, energy efficiency and reduced maintenance.
Extensive Manx Fir timber cladding gives the exterior its distinctive architectural character, while an air source heat pump supplies the property's hot water and underfloor heating system.
Underfloor heating extends throughout the accommodation, providing consistent comfort across the home.
The property also offers the potential to further enhance its sustainability credentials through the installation of a solar roof, subject to the necessary consents.
Everyday Practicality Behind the elegant living spaces lies a considerable amount of practical infrastructure.
A dedicated laundry room, communications room, plant room and substantial integral garage provide excellent functionality, while Cat 6 cabling supports modern connectivity throughout the house.
The combination of generous parking, secure garaging, manageable external areas and highly considered accommodation makes Carrigan Head particularly well suited to those seeking a substantial home without the extensive maintenance traditionally associated with a property of this scale.
A Rare Coastal Proposition There is an appealing simplicity to life at Carrigan Head: stepping down into Lower Laxey for a morning coffee at the beachside café, The Shed, enjoying a stroll along the promenade or settling in for a drink or memorable meal at The Shore — one of the Island’s standout dining and hospitality destinations.
Then, just a short walk from it all, returning home to your own elevated sanctuary overlooking the sea.
It is a lifestyle that combines the pleasures of village and coastal living with the privacy and space of a substantial contemporary home.
For a family, it provides space, flexibility and excellent bedroom accommodation. For those relocating to the Island, it offers a contemporary home in an established coastal community.
And for buyers seeking a second residence, its combination of security, manageable grounds and exceptional surroundings makes it equally compelling.
Carrigan Head brings together the qualities that rarely appear in the same property — substantial modern accommodation, genuine privacy, outstanding coastal views and immediate access to village life — creating a distinctive home in one of the Isle of Man's most appealing coastal settings.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisers before making any investment decisions.
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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 Old Laxey Hill, Laxey, IM4
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