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UNDER OFFER

117, Malew Street, Castletown, Isle Of Man

PROPERTY TYPE

Detached

BEDROOMS

2

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

  • Ideally located in Castletown’s historic centre, just a short stroll from the harbour, market square, beach, shops, restaurants, and railway station
  • Offers a rich sense of history, with the original cottage reputed to be the oldest property on Malew Street
  • Excellent potential for redevelopment, with previously approved (now lapsed) planning consent to convert two flats into a single, bespoke residence
  • Currently arranged as two self-contained flats, providing versatile accommodation suitable for multi-generational living, rental income, or investment purposes
  • Convenient access to Castletown Golf Links, the airport, local leisure facilities, and neighbouring southern villages, combining town convenience with rural tranquillity

Description

ChatGPT said:

117 Malew Street represents a distinctive and exciting investment opportunity in the heart of Castletown, the island’s historic capital. Perfectly positioned within walking distance of the charming harbour, bustling market square, local shops, cafés, restaurants, the beach, and the railway station, this property enjoys a truly enviable location. Everyday conveniences are close at hand, while leisure and recreation are never far away, with the local swimming pool and Castletown Golf Links easily accessible. The airport and neighbouring southern villages are also within a short drive, ensuring excellent connectivity for work or leisure.

The property itself carries a fascinating history, with the original cottage reputed to be the oldest on Malew Street. Although some modernisation is required, it offers exceptional scope for enhancement. A previously granted (now lapsed) planning consent once permitted the conversion of the existing two flats into a single residence — a rare opportunity for a buyer to reimagine the space to their own taste and lifestyle.

Currently arranged as two self-contained flats, the accommodation provides flexibility for a variety of uses. Flat 1, which fronts onto Malew Street, comprises a well-proportioned studio layout with a combined living and bedroom area, a fitted kitchen, and a bathroom. Flat 2, known as the “garden flat”, is arranged over two levels and features a dining kitchen, comfortable lounge opening onto a generous rear garden, a bedroom, and a shower room. This adaptable configuration makes the property ideal for multi-generational living, owner-occupation with rental income, or as a complete redevelopment project with excellent long-term potential

Brochures

117, Malew Street, Castletown, Isle Of ManBrochure
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.
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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

117, Malew Street, Castletown, Isle Of Man

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About Deanwood Estate Agents, Douglas

37 Victoria Street Douglas Isle of Man IM1 2LF

Established in 1986, DeanWood has been a trusted name in the Isle of Man property market for nearly four decades. Renowned for our innovation and dedication, we continue to lead the way in delivering high-quality, great value estate agency services.

Affordability

Monthly repayments£1,705
Property: £ 340,000
Deposit: £ 34,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference 34602504. 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 Deanwood Estate Agents, Douglas. 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.

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