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Royal Terrace, Onchan

PROPERTY TYPE

End of Terrace

BEDROOMS

8

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Imposing Double Front Period Property
  • Set over 3 Floors, Plus Cellar
  • Project Property in need of Modernisation
  • Prime for Conversion to HMO STPP
  • Currently Offering Eight Bedrooms
  • Two Bathrooms and WC
  • Spacious Lounge and Dining Room
  • Dining Kitchen and Utility Room
  • Large Front Garden Offering Off Road Parking.
  • Chain Free

Description

Calling all property developers, an excellent project opportunity to modernise this imposing double fronted property and convert into flats, a HMO or a single dwelling, subject to obtaining the necessary permissions.

Located close to the Poker Stars head office, Port Jack Glen, Onchan Park and Douglas Promenade make this an excellent opportunity for those with the vision to create a potentially high yielding investment property.

Overview - Nestled in the desirable location of Royal Terrace, Onchan, this impressive end-terrace house presents a remarkable opportunity for property developers and investors alike. With its striking period features and substantial size, this double-fronted residence boasts eight spacious bedrooms, making it an ideal candidate for conversion into a professional House in Multiple Occupation (HMO) or flats, subject to the necessary planning permissions.

Set over three floors, the property offers two generous reception rooms at the front, providing ample space for relaxation and entertaining. At the rear, you will find a spacious dining kitchen and a utility room, perfect for family gatherings or hosting guests. Each half landing is equipped with a bathroom or shower room, ensuring convenience for all occupants. Additionally, the property benefits from a double cellar, offering further potential for storage or development.

Externally, the property features a well-maintained garden laid to lawn, complemented by a stepped rear garden that adds to its charm. There is also off-road parking available for one vehicle, a valuable asset in this sought-after area.

Conveniently located near local amenities, including the picturesque Port Jack Glen, Onchan Park, and the vibrant Douglas Promenade, this property is also within easy reach of the Head Office of Poker Stars, one of the island's largest employers. This prime location enhances the property's appeal, offering excellent income potential for those looking to invest in the rental market.

In summary, this substantial eight-bedroom property is a rare find, brimming with potential for modernisation and development. With its prime location and generous living space, it is an opportunity not to be missed.

Additional Information - - Gas Fired Central Heating
- Excellent Development Opportunity
- Prime for Conversion to HMO
- Convenient Location for Onchan Village and Local Employees
- Stones Throw to Promenade, Port Jack Glen, Shops and Onchan Park
- On Local Bus Route

Directions - Travel in a northerly direction along Douglas Promenade until reaching Port Jakck. Take a left turning onto Royal Terrace and Arrandale is the first residential property on the left hand side identifiable by our for sale board.

Brochures

Royal Terrace, OnchanBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Royal Terrace, Onchan

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About Plum Properties, Isle of Man

14 Tynwald Street, Douglas Isle Of Man, IM1 1BG

We are a fully licensed online focused Isle of Man Estate Agency. Whether marketing and selling your property, helping you find your dream home or letting and managing your property, our focus is on delivering the best service and experience that we can in a cost effective way ensuring that you are receiving value for your money.

We do this by utilising state of the art marketing techniques including targeted online advertising through multiple mediums and platforms to ensure your property reaches the right audience. Our functionality allow you to book property valuations and property viewings, sign-up for tailored property alerts and track the progress of your property transaction 24 hours a day.

Being online focused affords us to pass on cost efficiencies to our customers, meaning we can provide all of the services of a local estate agency in an affordable, flexible and transparent way.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,861
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 33675785. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Plum Properties, Isle of Man. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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