5-bedroom house
For saleListed 1 day
Opportunity summary
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About
• Traditional Georgian Country House • Located on the tt course close to the village of Kirk Michael • Lounge, Dining Room, Garden Room • Kitchen, Breakfast Room, Rear porch, Cloakroom WC • 5 Bedrooms, Bathroom, Shower Room • Beautiful Garden with mature trees, shrubs, croquet lawn • Approximately 2 acres of land, including orchard • Garage and off-road parking • In need of modernisation • No onward chain BGC are delighted to bring to the market Ivie Cottage a traditional, country house built in 1805 retaining many of its original Georgian features.
Occupying an attractive rural position the house sits just off Douglas Road close to the village of Kirk Michael on one of the tt course's iconic corners at the bottom of Barregarrow, offering unique views of the course.
Ivie Cottage would make a perfect home for a family wishing to live in a beautiful period country house with gardens, whilst also being centrally located on the Island and within the catchment area for Michael Primary School and the qeii High School in Peel.
The spacious accommodation is arranged over three floors, through the original front door into a spacious hallway with an easy rising staircase leading to the upper floors.
The dining room, lounge, garden room, breakfast room, kitchen and cloakroom WC all lead off the hallway.
The generous lounge to the left with bay window and original fireplace leads into the garden room; there is a dining room to the right with a bay window overlooking the garden, providing a choice of reception spaces for both everyday living and entertaining.
The kitchen is complemented by a separate breakfast room, offering further flexibility for family dining, whilst a rear porch and cloakroom with WC complete the ground floor accommodation.
On the first floor are three bedrooms, two doubles and a small double with a large walk-in storage area, together with a family bathroom and a separate shower room.
On the second floor are two generous attic bedrooms providing ample space for family members and guests.
The existing layout offers scope for a new owner to consider a programme of modernisation, creating a home that combines the character and proportions of a traditional Georgian property with the comforts and finishes of contemporary living.
A particular feature of the property is its beautiful, sheltered and established garden and grounds.
Over 100 different species of mature trees and shrubs provide an attractive setting, a gentle stream runs through the garden, bridges connect both sides, a croquet lawn adds a distinctive traditional country-house feature.
The grounds extend to approximately two acres and include an orchard, offering a wonderful sense of space and privacy, together with the opportunity to enjoy outdoor pursuits, gardening and the pleasures of country living.
An additional small woodland plot of land is located across the road. Practical features include a garage, off-road parking, and a greenhouse adding convenience to this appealing rural residence.
In need of modernisation, this is an exciting opportunity for purchasers seeking a traditional Georgian country house with generous accommodation, attractive grounds and considerable scope to add value, the property offers the chance to create something truly special while retaining the charm and character of its traditional origins.
Oil central heating. Private drainage. Offered for sale with no onward chain.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 Douglas Road, Kirk Michael
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