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Arrandale, 1 Royal Terrace, Onchan.

For Sale House No Onward Chain

Arrandale, 1 Royal Terrace, Onchan.

Onchan

Asking Price

£425,000
8 2 2

About This Property

Nestled in the desirable location of Royal Terrace, Onchan, this impressive double fronted end-terrace house presents a remarkable opportunity for property developers, investors and families 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, work is also planned to the property which will be completed before a sale completes.

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 Utmost International, 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.

Key Features

Garage

No

Heating

Gas fired central heating

Rear Garden

Yes

Front Garden

Yes

Property Features

  • Double Fronted Period House
  • Set over 3 Floors and extending to approx. 2,750 sq.ft
  • Spacious Lounge, Dining Room
  • Breakfast Kitchen, Utility Room
  • 8 Bedrooms, 2 Bathrooms and WC
  • Large front garden and Rear Courtyard
  • Off Road Parking
  • In need of modernisation
  • Potential to convert to HMO (Subject to PP)
  • No onward chain
Floorplan

Arrandale, 1 Royal Terrace, Onchan.

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Listed by

Mark Canty

Black Grace Cowley

(01624) 645555 [email protected]

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

£1,723

Latest rates

HSBC Channel Islands and Isle of Man

2 year fixed

4.79%

Santander International

5 year fixed

5.09%

Barclays Isle of Man

2 year fixed

5.26%

NatWest International

2 year fixed

5.39%

Conister Bank

5 year fixed

7.07%
Compare all mortgage rates

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

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