Queens Terrace, Laxey, IM4

Property Details: - Type: Semi-detached house - Bedrooms: 1 - Bathrooms: 1

Agent: Partners Real Estate - Isle of Man Phone: 020 8115 7392

<p>Requiring comprehensive renovation throughout, the property is ideal for developers, investors, or buyers seeking a rewarding lifestyle project in one of the Isle of Man’s most picturesque villages.</p><p>The approved planning permission allows for the demolition of the existing rear extension and replacement with a larger two-storey rear extension, creating a far more practical and modern layout. The proposed accommodation includes a spacious open-plan lounge/dining room with rear kitchen extension to the ground floor, whilst upstairs provides two bedrooms and a generous family bathroom, with the front bedrooms enjoying elevated views towards the sea.</p><p>Additional approved works include:</p><ul><li><p>New front porch extension</p></li><li><p>Creation of off-road parking / driveway</p></li><li><p>Removal of existing outbuildings to maximise site usability</p></li></ul><p>The property occupies a surprisingly generous plot with useful side and front external space, currently incorporating a range of sheds and outbuildings with power connected.</p><p>Whilst the cottage requires extensive modernisation, including works to the roof, heating, insulation, electrics and general refurbishment, the significant advantage here is the clarity of the approved plans and the obvious end value once completed.</p><p>Situated within the sought-after village of Laxey, the property enjoys easy access to local amenities, the promenade, beach, electric railway, mountain railway and the village’s renowned coastal and countryside walks.</p><p>A rare opportunity to acquire a fully consented renovation project with excellent upside potential in a highly desirable coastal location.</p><p>Viewing highly recommended to appreciate both the potential and setting on offer.</p>