Arrandale, 1 Royal Terrace, Onchan.
Onchan
Asking Price
£425,000About 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.
Arrandale, 1 Royal Terrace, Onchan.
Open in Google MapsContact the agent directly to enquire about this property.
Visit agency website View on Agents WebsiteMortgage Calculator
Estimated monthly payment
£1,723
Latest rates
HSBC Channel Islands and Isle of Man
2 year fixed
Santander International
5 year fixed
Barclays Isle of Man
2 year fixed
NatWest International
2 year fixed
Conister Bank
5 year fixed
This is an estimate for illustration only and does not constitute financial advice. Subject to lender criteria.