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1 bedroom flat for sale

Farrants Way, Isle Of Man, IM9


Property Description

Key features

  • 1 Bedroom Apartment
  • Allocated Parking
  • Ground Floor
  • Located The South Side Of Island
  • Tax Advantages

Full description

Tenure: Leasehold

Located in the south of this beautiful island, Castletown is the ancient capital of the Isle of Man. Once home to the Kings and Lords of Man. It is dominated by Castle Rushen, once the seat of government and now a beautifully restored landmark.
In less than an hour from London' s City Airport you can experience a different world. No crowds, no traffic jams, low crime rate, fresh air, unlimited access to amazing countryside, which is on your door step, and the sea just around the corner. A slower way of life.

Location Details
The apartments are in a quiet location in the centre of town, one minute's walk from the sea. Less than a minute's walk in the other direction, you will find banks, shops, post office, pubs and restaurants.
Douglas, the island's capital and international finance centre, is approximately a 20 minute drive, or about 30 minutes by bus. The bus stop is in the town square, less than a minute's walk away from the apartment.
The airport is less than 10 minutes drive away. From there you can be at London City Airport in the centre of London in less than an hour or Gatwick in just over an hour.

Apartment Details
A one bedroom ground floor apartment in a block of 54. The block is three storeys high.
It has a sunny, true south facing aspect overlooking communal gardens.
Carpeted lounge and tiled open plan kitchen.
Modern dark wood Venetian blinds fitted to the lounge and bedroom
Fully fitted modern kitchen with stainless steel sink and drainer, integrated fridge/freezer, stainless steel electric hob, hood and oven by Siemens
Ultra modern bathroom with shower over bath and full mirrored wall
Spacious hallway with ample storage space and wardrobe
Washer/dryer and hot water tank located in hall cupboard
Electric panel heating throughout
Satellite and TV socket to living room
Allocated parking space with exclusive use by the owner of the apartment
Spacious carpeted and tiled communal areas with secure intercom system

The current service charge on the apartment is just under 1,000 a year.
There is no Council Tax but a system similar to old UK Rates. The current Rates on the apartment are just over 600 a year including water and sewage charges.
There is no stamp duty on the Isle of Man, but a registration fee which is approx 5.70 for each 1,000 paid. These fees can change and of course would need to be checked.
More widely
There are tax advantages to being resident on the Isle of Man which can be found by going onto the Isle of Man Government website, including lower Income Tax rates, no Capital Gains Tax, no Gift Tax, no Inheritance Tax. There is also zero Corporation Tax.

Listing History

Added on Rightmove:
28 July 2016


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