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14 Tynwald Street, Douglas, Isle of Man, IM1 1BG
£1,575,000 Guide Price
Bedrooms
Bathrooms
Reception
Nestled into the countryside, an extensive bungalow in excess of 5,000 square feet that from its elevated position offers breathtaking rural and coastal views across the east coast of the Isle of Man and across to Cumbria in the distance.
The property comprises four spacious bedrooms, four bathrooms and excellent reception rooms each of which take advantage of the the striking aspects.
Generous garaging and a large sweeping driveway ensure parking is available in abundance, whilst an oversized workshop could easily be converted to create further accommodation subject to obtaining the appropriate permissions.
Overview - Tucked away in the Manx countryside on the outskirts of the charming village of Baldrine, yet with Douglas town centre in reach within ten minutes, this remarkable detached bungloaw spans an impressive 5,166 square feet and is set within 4.5 acres of picturesque countryside. The property boasts an elevated position, providing breathtaking coastal and rural views that are both uninterupted and unrivalled.
Accessed via a private, winding driveway, the home offers ample off-road parking for multiple vehicles, complemented by extensive garaging featuring two electrically operated doors. Upon entering through the inviting corner porch, you are welcomed into a full length hallway that leads to a spacious lounge. This room is a highlight of the home, with its striking exposed beams and floor-to-ceiling windows that frame the stunning vistas, allowing natural light to flood the space.
The contemporary family kitchen is designed for both functionality and style, featuring premium fittings and an open-plan layout that seamlessly integrates dining and social seating areas. Double doors open onto a private terrace, perfect for al fresco dining or simply enjoying the serene surroundings. In addition to the lounge, there is a versatile reception room currently used as an office that could also be a fifth bedroom, alongside a generous utility room that enhances the practicality of the home.
The property comprises four generously sized bedrooms, two of which are equipped with en suite facilities and walk-in wardrobes, ensuring comfort and privacy. Two further family bathrooms provide ample amenities for the family and guests alike.
Externally, the property features an oversized workshop, approximately 1,000 square feet in size, which is attached to the garaging, that has its own gas boiler and central heating system. For those who do not require a large workshop, this space presents an exciting opportunity for potential development, subject to obtaining the necessary planning permissions, allowing for the creation of an annexe or additional accommodation.
The grounds extend to 4.5 acres, made up of a large paddock as well as manicured attractive gardens.
This exceptional home offers a unique blend of luxury, space, and stunning natural beauty, making it a truly desirable residence for those seeking a tranquil lifestyle in a remarkable setting.
Additional Information - - Oil Fired Central Heating in House
- Gas Fired Central Heating in Workshop
- Double Glazed
- Off-Road Parking for Multiple Vehicles
- Opportunity to convert Workshop to 2 Bed Bungalow STPP
- Ten Minute Drive to Douglas
- 30 Minute Drive to Airport and Private Schools
Directions - Travelling out of Onchan village in the direction of Baldrine, take a left turning onto Barroose Road immediately prior to the Liverpool Arms. Continue on the road for approximately one mile, and Barroose Farm is the final property on the right hand side.
New Home: Non New Home
Maximum Area (in sq ft) 5166 sq ft
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
14 Tynwald Street, Douglas, Isle of Man, IM1 1BG
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