About This Property

Discover what makes this home special

The Larch 3 is a charming three-bedroom family home located in the peaceful village of Ballasalla, Isle of Man. This property offers a well-designed layout with a spacious open-plan lounge and dining area that leads directly to the rear garden, perfect for family gatherings and entertaining. The kitchen is thoughtfully arranged with modern fittings and ample storage, complemented by a convenient downstairs WC. Upstairs, two generously sized bedrooms and a third slightly smaller bedroom share a well-appointed family bathroom, making this home ideal for growing families or professionals seeking comfort and practicality.

Situated within the sought-after 'Reayrt Mi' development, Plot 77 benefits from a quiet residential setting with easy access to local amenities and excellent transport links. The rear garden faces south-east, providing pleasant morning and early afternoon sunlight, enhancing the living experience. This home represents a fantastic opportunity for buyers looking for a balance of village tranquility and accessibility to Douglas and the wider Isle of Man region.

Property Features

This property boasts a bright and airy open-plan living space that maximises natural light and offers seamless access to the garden. The modern kitchen is equipped with essential appliances and ample workspace. The inclusion of a downstairs WC adds convenience for guests and family members. Upstairs, the three bedrooms provide flexible accommodation options, with built-in wardrobes in two rooms enhancing storage. The family bathroom is fitted with contemporary fixtures, ensuring comfort and style throughout the home.

South-East facing gardenOpen-plan lounge and diningModern kitchenDownstairs WCThree bedroomsFamily bathroom+2

Local Amenities

Ballasalla is a well-serviced village offering essential amenities including a reputable primary school, local shops, and community facilities. The nearby Castletown Railway Station provides access to the scenic Isle of Man Steam Railway, while Isle of Man Airport is just a short drive away, facilitating travel. Douglas, the island's capital, is easily reachable for a wider range of shopping, dining, and entertainment options. Outdoor enthusiasts will appreciate the local parks and play areas, making this location ideal for families and commuters alike.

Ballasalla Primary SchoolCastletown Railway StationIsle of Man AirportBallasalla Post OfficeLocal shopsBallasalla Community Centre+2
Castletown Railway Station Train Station (1.1 miles, 4 mins drive) • 15 mins by car to Douglas

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£369,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£369,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Stable local market
Limited direct international transport links
Good rental demand from local professionals

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£369,950
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.5%
Based on £1,696/mo rent
Area Price Growth
+3.2%
Average annual increase
5-Year Value Forecast
£433,053
+£63,103 projected gain
5-Year Rent Forecast
£2,063/mo
Based on 4.0% annual growth
Price per Sq Ft£322
Annual Rent Income£20,352
10-Year ROI220%
Break-Even Point17 yrs

Property Value Projection

Based on 3.2% annual growth
£433,053
5yr
£506,921
10yr
£593,388
15yr
£694,604
20yr
£813,084
25yr
Current: £369,950

Monthly Rental Income

Based on 4.0% annual growth
£2,063
5yr
£2,510
10yr
£3,054
15yr
£3,716
20yr
£4,521
25yr
Current: £1,696/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Douglas
N/A
15 mins
Isle of Man Airport
N/A
10 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Excellent
Afternoon Good
Evening Moderate
Kitchen
Morning Good
Afternoon Moderate
Evening Low
Bedrooms
Morning Moderate
Afternoon Good
Evening Low

Location Scores

60
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
65
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Residential and Commercial+Positive Impact
Ballasalla Village Regeneration
0.2 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£369,950
Under OfferNB0000050995
View Location Analytics

The Larch 3

Ballasalla, Ballasalla IM9 2BU
Parkfield at Reayrt Mie
3
Bedrooms
1
Bathrooms
1,150
Est. Sq ft
house
Type

Developer

Dandara
Available Plot Numbers
77
1 plot(s) available
Ownershipfreehold

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£369,950The Larch 3

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The Larch 3
The Larch 3Ballasalla£369,950

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