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15 bed plot for sale in Douglas Head, Douglas, IM1.

For Sale Apartment

15 bed plot for sale in Douglas Head, Douglas, IM1.

Douglas

Asking Price

£995,000
15 7 6

Overview

15 bed plot for sale in Douglas Head, Douglas, IM1, 15 Bed apartment for sale.

About This Property

A rare opportunity to acquire a prime residential development site in one of Douglas’ most elevated and sought-after coastal positions, with full planning permission for the construction of seven luxurious contemporary apartments enjoying spectacular views across Douglas Bay.

Occupying a prominent position on Douglas Head, the proposed scheme involves the demolition of the existing dwelling and the construction of an architecturally designed apartment building arranged over four principal floors, together with basement parking.

The site extends to approximately 0.37 acres, with an additional parcel of adjoining land extending to approximately two acres also potentially available by separate negotiation.

The approved development has been thoughtfully designed to maximise its exceptional coastal setting, with extensive glazing, terraces and carefully considered elevations allowing the apartments to take full advantage of the panoramic sea and town views.

The proposed accommodation comprises:

  • Apartment 1 – Ground Floor: 2 bedrooms, approximately 1,468 sq ft
  • Apartment 2 – Ground Floor: 2 bedrooms, approximately 899 sq ft
  • Apartment 3 – First Floor: 2 bedrooms, approximately 1,700 sq ft
  • Apartment 4 – First Floor: 2 bedrooms, approximately 1,010 sq ft
  • Apartment 5 – Second Floor: 2 bedrooms, approximately 1,700 sq ft
  • Apartment 6 – Second Floor: 2 bedrooms, approximately 1,010 sq ft
  • Penthouse – Top Floor: 3 bedrooms, approximately 2,191 sq ft, together with a substantial private terrace

The overall development provides a gross internal floor area of approximately 12,845 sq ft.

A substantial basement level has been designed to provide 14 private parking spaces, with planning provision for seven electric vehicle charging points, together with dedicated storage for 14 bicycles.

Sustainability has also formed an important part of the design. The approved scheme incorporates a sedum green roof, helping the building integrate with its natural surroundings, alongside permission for 59 roof-mounted solar panels capable of contributing renewable energy to the development.

Externally, the proposed building combines crisp white and grey rendered elevations with attractive cedar and aluminium cladding, creating a striking contemporary appearance appropriate for this prominent coastal setting.

Despite its peaceful and elevated position, the development is within easy reach of Douglas city centre, with the Island’s principal business district, restaurants, shops and amenities accessible on foot. Coastal paths and headland walks are quite literally on the doorstep.

This is an outstanding opportunity for a developer or investor to deliver a landmark residential scheme in a location where the combination of sea views, proximity to the capital and high-quality new-build accommodation should create considerable appeal.

Full Planning Permission: 22/01113/BKey Features

  • Full planning permission for seven luxury apartments
  • Prestigious elevated position on Douglas Head
  • Spectacular panoramic views across Douglas Bay
  • Approximately 12,845 sq ft gross internal floor area
  • Four storeys of residential accommodation
  • Impressive three-bedroom penthouse with private terrace
  • Basement parking for 14 vehicles
  • Provision for seven EV charging points
  • Storage for 14 bicycles
  • Sedum green roof
  • Permission for 59 solar panels
  • Contemporary white and grey render with cedar and aluminium cladding
  • Site extending to approximately 0.37 acres
  • Additional adjoining land of approximately two acres available by separate negotiation
  • Walking distance of Douglas city centre and business district

I can also make this more developer/investor-led, with language around GDV, resale potential and the strength of the penthouse and larger units.

Key Features

Type

Apartment

Bedrooms

15

Bathrooms

7

Property Features

  • Planning reference 22/01113/B, plans for 59 roof-mounted solar panels
  • Exciting development opportunity, sea views from each apartment
  • Four storey apartment block comprising seven luxury apartments
  • 6 x 2 bed and 1 x 3 bed penthouse
  • Gross internal floor area 12,845 square feet
  • 14 basement car parking spaces
  • Additional adjacent two acres of land available subject to separate negotiation
  • Walking distance to town centre

15 bed plot for sale in Douglas Head, Douglas, IM1.

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Listed by

Partners Real Estate

Contact the agent directly to enquire about this property.

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Mortgage Calculator

Deposit
£
20%
Interest Rate
%
Mortgage Term
years

Estimated monthly payment

£4,033

Mortgage amount: £796,000

Latest rates

Santander International

5 year fixed

5.09%

HSBC Channel Islands and Isle of Man

2 year fixed

5.09%

NatWest International

2 year fixed

5.39%

Conister Bank

5 year fixed

7.07%

This is an estimate for illustration only and does not constitute financial advice. Subject to lender criteria.

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