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14 Tynwald Street, Douglas, Isle of Man, IM1 1BG
£1,295,000
Bedrooms
Bathrooms
Reception
The property features cutting-edge energy efficiency with a borehole heat pump, which is more effective than traditional ground or air source heat pumps acting as both heating and cooling. The home is highly insulated, surpassing building regulations assuring excellent thermal performance.
Overview - Plot 2 specification
Underfloor heating and cooling with a Bore hole heat pump (more efficient than ground source or air source heat pumps)
Highly insulated to greater than building regulations
High performance Insulation to ground floor, walls and roof.
Anthracite grey Double glazed flush fitting windows
Natural slate roof natural slate paths and terraces
Lime mix render
Unique Pooilvaish black limestone to Gables front and rear.
site 1/3 of an acre house 3663 square feet total internal area including garage
ample parking for six cars
South and West facing rear garden
large glazed facade to southwest
open plan large kitchen day room
two en suite ground floor bedrooms with dressing rooms and two large bedrooms to first floor with en suites and dressing rooms.
fabulous views of St John's Church and Slieau Whallian
The property features cutting-edge energy efficiency with a borehole heat pump, which is more effective than traditional ground or air source heat pumps. The home is highly insulated, surpassing building regulations ensuring excellent thermal performance
Design highlights include anthricite grey double-glazed, flush-fitting windows. The natural slate roof is complemented by slate paths and terraces. The facade is finished with a lime mix render, while unique black limestone features to the gables, sourced from Pooilvaish Quarry, provide a distinctive architectural character.
The south-facing rear garden and west-facing garden offer ample outdoor space with fabulous views of the church and Slieau Whallian. Large glazed French doors to the south and west flood the open-plan kitchen and day room with natural light, creating an inviting and bright living space.
Two double bedrooms on the ground floor include dressing rooms and ensuites. This property is a rare opportunity to own a luxurious, energy-efficient home in a beautiful quiet tranquil setting.
Additional Information - This is a fine example of spacious modern living within one of the most prestigious village locations in the Isle of Man.
Directions - Travelling out of Douglas from QB roundabouts continue on the Peel Road through the villages of Glen Vine, Marown and Crosby to the Ballacraine crossroads, proceed straight on through the lights and just before reaching Tynwald Hill turn left in to Balladoyne following the road around to the right where the new development can be easily located straight ahead.
New Home: Non New Home
Map location is not available for this property.
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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