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15 Derby Square Douglas

PROPERTY TYPE

Terraced

BEDROOMS

8

BATHROOMS

2

SIZE

3,305 sq ft

307 sq m

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

  • Substantial period townhouse overlooking Derby Square, Arranged over multiple floors
  • Lower ground floor apartment
  • Exceptional redevelopment potential, Stunning outlook across Derby Square with sea glimpses beyond
  • Opportunity to create a magnificent family home, Potential for multi-generational living or income generation
  • Rear yard with potential for parking or enhanced outdoor space (subject to consents)
  • Requires modernisation throughout
  • Owned by the same family for over 40 years
  • Prime Douglas location
  • Excellent opportunity for developers, investors or owner occupiers

Description

A substantial period property overlooking Derby Square with exceptional potential to create a magnificent family home, multi-generational residence or redevelopment opportunity.

Occupying an enviable position overlooking the highly sought-after Derby Square, this imposing period townhouse presents a rare opportunity to acquire a property of significant scale, character and future potential.

Arranged over multiple floors and benefiting from a lower ground floor apartment, the property offers a versatile layout that could appeal to a variety of purchasers, from those seeking an impressive single dwelling to those exploring options for multi-generational living, income generation or reconfiguration (subject to any necessary consents).

Having been in the same ownership for over 40 years, the property now presents an exciting blank canvas for its next chapter. Whilst requiring modernisation and refurbishment throughout, it offers substantial accommodation, beautiful proportions and an opportunity to restore a grand Douglas period home to its former glory.

One of the property's standout features is its elevated position, providing attractive views across Derby Square and towards the sea beyond. With selective landscaping and tree management, buyers may further enhance these views and create a truly special setting.

Externally, the rear yard and outside space offer further potential and, subject to any necessary approvals, could potentially be reconfigured to create additional usable garden space or even parking, adding considerable appeal for future owners.

The property will particularly suit buyers seeking a project with significant upside potential in one of Douglas' most desirable and established locations.

Properties of this scale and position rarely become available and this represents an exciting opportunity for an incoming purchaser to create something truly special.

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

15 Derby Square Douglas

Approximate location

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Affordability

Monthly repayments£2,307
Property: £ 460,000
Deposit: £ 46,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About Partners Real Estate, Isle of Man

64 Duke Street, Douglas, Isle of Man IM1 2AR

At Partners Real Estate, we're reshaping how you buy, sell, or rent on the Isle of Man. Local expertise, global perspective and always centred on you. It starts with listening. We keep it clear and honest, so you always know where you stand. Real relationships, real results - that's our promise. We are committed to showcasing your home in its best light, with professional photography and videography. More than a service. A true partnership.

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Disclaimer - Property reference 351450ff-d8ce-4d2e-ac63-d5cf14cf7dc8. 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 Partners Real Estate, 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.

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