3-bedroom house · IM4 7AP
Listing removedListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Glenedge is a handsome double-fronted detached Manx cottage, occupying a central position in the heart of the picturesque village of Laxey.
Perfectly placed within easy walking distance of the village’s shops, cafés, bars and restaurants, as well as the beach and local school, this charming home offers the ideal balance of character, convenience and family living.
Offered for sale with no onward chain, the property presents an excellent opportunity for those seeking a spacious village residence in one of the Island’s most sought-after locations.
Over the years, the property has been significantly extended and thoughtfully enhanced to create deceptively spacious, light-filled accommodation that perfectly caters to the needs of a growing family whilst retaining much of its original charm and character.
The welcoming entrance reception hall provides a versatile family space and sets the tone for the accommodation beyond.
A characterful snug, complete with a log burner, offers a cosy retreat, while the impressive dual-aspect living room enjoys an abundance of natural light and ample space for relaxing and entertaining.
A conservatory provides a further reception area, overlooking the garden and creating a seamless connection between the indoor and outdoor spaces.
At the heart of the home is a stunning newly fitted dining kitchen, beautifully appointed with a central island unit and ample space for family dining and social gatherings.
A practical utility room is conveniently located off the kitchen, enhancing the functionality of this superb family home.
The first-floor accommodation comprises three generous double bedrooms, all offering comfortable and well-proportioned living space.
The property is served by two bathrooms, one located on the ground floor, both featuring a bath and separate shower to provide flexibility for family life.
Externally, Glenedge benefits from a driveway providing parking for multiple vehicles.
Please note there is a right of way over the neighbouring property's driveway to access the parking area situated at the front of this property.
To the rear, a mature garden provides a wonderful outdoor setting, being predominantly laid to lawn and complemented by a variety of established shrubs, a greenhouse and a storage shed.
The garden offers an excellent space for children to play, keen gardeners to enjoy, or simply to relax and unwind in peaceful surroundings.
Inclusions All fitted floor coverings, blinds, curtains and light fittings (excluding conservatory) Appliances Oven, 4 ring gas hob and combi microwave oven Tenure Freehold Rates Treasury tel Heating Gas Windows Timber double glazing
Value & comps
No previous sales on record.
Returns
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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 Glenedge, Glen Road, Laxey
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