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Manx Living

Queens Terrace, Laxey, IM4

Laxey

£215,000

  • 1 bed
  • 1 bath

Marketed by Partners Real Estate (opens in a new tab)

Photographs

About this property

Character semi-detached Manx cottage
Approved planning for two-storey rear extension
Proposed reconfiguration into 2-bedroom home
Approved driveway / off-road parking creation
Generous plot with side and front external space
Existing sheds and outbuildings
Coastal village setting in sought-after Laxey
Significant renovation project with excellent potential
Ideal for developers, investors or lifestyle renovators
Planning & building control approvals in place

Requiring comprehensive renovation throughout, the property is ideal for developers, investors, or buyers seeking a rewarding lifestyle project in one of the Isle of Man’s most picturesque villages.The approved planning permission allows for the demolition of the existing rear extension and replacement with a larger two-storey rear extension, creating a far more practical and modern layout. The proposed accommodation includes a spacious open-plan lounge/dining room with rear kitchen extension to the ground floor, whilst upstairs provides two bedrooms and a generous family bathroom, with the front bedrooms enjoying elevated views towards the sea.Additional approved works include:New front porch extensionCreation of off-road parking / drivewayRemoval of existing outbuildings to maximise site usabilityThe property occupies a surprisingly generous plot with useful side and front external space, currently incorporating a range of sheds and outbuildings with power connected.Whilst the cottage requires extensive modernisation, including works to the roof, heating, insulation, electrics and general refurbishment, the significant advantage here is the clarity of the approved plans and the obvious end value once completed.Situated within the sought-after village of Laxey, the property enjoys easy access to local amenities, the promenade, beach, electric railway, mountain railway and the village’s renowned coastal and countryside walks.A rare opportunity to acquire a fully consented renovation project with excellent upside potential in a highly desirable coastal location.Viewing highly recommended to appreciate both the potential and setting on offer.

Specification

Bedrooms 1
Bathrooms 1
Reception rooms 1
Property type Residential Property

Where it is

Laxey, Isle of Man

Locations are shown to the nearest village or district, as supplied by the marketing agent.

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Monthly repayment £1,129 per month
Mortgage amount £193,500

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