4-bedroom house · IM9 1DU
Listing removedListed 280 days
Opportunity summary
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About
A superb contemporary detached family home, constructed in 2022/23, occupying an enviable corner plot and enjoying the remainder of a 12-year blp warranty.
Finished to an exceptional standard throughout, the property boasts luxury modern fixtures and fittings alongside a host of bespoke upgrades commissioned by the current owners.
Perfectly positioned within easy walking distance of the centre of the historic capital, the home is ideally located for local amenities including Co-op and Tesco supermarkets, a variety of restaurants, bars and cafés, Costa Coffee, the harbour, swimming pool and well-regarded local schools.
For those who enjoy the outdoors, picturesque coastal walks are quite literally on your doorstep, stretching across Castletown Beach and out towards Derbyhaven.
The accommodation opens with an entrance porch leading into a welcoming reception hall with a useful storage cupboard and a cloakroom (WC).
A stylish living room provides a relaxing retreat and features double doors opening into the stunning dining kitchen, creating a wonderful flow for both everyday living and entertaining.
The kitchen is truly a standout feature, having been upgraded to a bespoke specification with custom cabinetry, upgraded handles and worktops, two integrated ovens instead of one, a Quooker boiling hot water tap, and a bespoke bar area complete with feature lighting.
A matching utility room offers further storage, including a larder unit, and provides integral access to the attached garage. To the first floor are four generous double bedrooms.
The principal bedroom benefits from a luxurious en suite shower room finished with marble-style tiling, while the family bathroom is equally impressive, featuring patterned floor tiles and both rooms enjoying the rare advantage of separate bath and shower facilities.
Externally, the property continues to impress. To the front, an attractive block-paved driveway provides off-road parking and access to the integral garage.
The large corner plot offers excellent outdoor space, with the rear garden mainly laid to lawn, complemented by a paved patio area and a substantial composite decked terrace with pergola-ideal for outdoor dining and entertaining.
An additional large landscaped area sits to the side of the property, and the plot backs onto the historic Isle of Man Steam Railway, adding a unique and charming backdrop.
This is a beautifully upgraded, turnkey home in a highly desirable location, perfectly combining contemporary living, thoughtful design and an exceptional lifestyle setting.
Inclusions All fitted floor coverings, blinds and light fittings Appliances Double oven, 4 ring hob, dishwasher and Quooker boiling hot water tap. Washing machine and dryer by separate negotiations.
Tenure Freehold Rates Treasury tel Heating Gas with Megaflow Windows uPVC 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 20, River Meadows, Castletown
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