Plum Properties

Tel: 01624 820600

1 Athol Street
Douglas
Isle Of Man
IM1 1LD

Royal Terrace, Onchan

Asking Price £399,950

8 Bedroom House - End Terrace

Imposing Double Front Period Property
Set over 3 Floors, Plus Cellar
Project Property in need of Modernisation
Prime for Conversion to HMO STPP
Currently Offering Eight Bedrooms
Two Bathrooms and WC
Spacious Lounge and Dining Room
Dining Kitchen and Utility Room
Large Front Garden Offering Off Road Parking.
Chain Free

Calling all property developers, an excellent project opportunity to modernise this imposing double fronted property and convert into flats, a HMO or a single dwelling, subject to obtaining the necessary permissions.

Located close to the Poker Stars head office, Port Jack Glen, Onchan Park and Douglas Promenade make this an excellent opportunity for those with the vision to create a potentially high yielding investment property.

Overview

Nestled in the desirable location of Royal Terrace, Onchan, this impressive end-terrace house presents a remarkable opportunity for property developers and investors 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.

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 Poker Stars, 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.

Additional Information

- Gas Fired Central Heating
- Excellent Development Opportunity
- Prime for Conversion to HMO
- Convenient Location for Onchan Village and Local Employees
- Stones Throw to Promenade, Port Jack Glen, Shops and Onchan Park
- On Local Bus Route

Directions

Travel in a northerly direction along Douglas Promenade until reaching Port Jakck. Take a left turning onto Royal Terrace and Arrandale is the first residential property on the left hand side identifiable by our for sale board.

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Property data and search facilities supplied by www.vebra.com