This unique property offers an exceptional opportunity to acquire a versatile residential and income-generating complex, located in the heart of the picturesque village of Laxey. Comprising four self-contained units—one main house, a manager’s flat, and two charming holiday cottages—this well-maintained development is ideally suited for those seeking a lifestyle change, an investment opportunity, or a multi-generational living arrangement.
Each of the four units is thoughtfully designed with an open-plan Living Room and Kitchen, a modern Bathroom, and a separate Double Bedroom, ensuring comfort and practicality for both residents and guests. The layout across all units promotes ease of living while retaining privacy and independence.
The property currently has the potential to generate an impressive income of approximately £45,000 per annum through holiday letting and longer-term rental, offering excellent return on investment for prospective buyers.
Set in an elevated position, the site enjoys beautiful views across Laxey village and out towards the sea, enhancing the appeal for holidaymakers and residents alike. Laxey’s blend of coastal charm, village atmosphere, and historic character make it one of the Isle of Man’s most desirable destinations.
Externally, the property benefits from ample Off-Road Parking for up to five vehicles, a rare and valuable asset in the village. A Communal Double Garage provides additional secure storage or parking options, further increasing the practicality of the site.
Additional features include oil-fired central heating and uPVC double glazed windows throughout, ensuring year-round comfort and energy efficiency in all units. The entire site has been well maintained and is ready for immediate occupancy or operation as a holiday rental business.
Conveniently located close to public transport links—including regular bus services and the historic Manx Electric Railway—the property is well connected to Douglas, Ramsey, and surroun
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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.
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