About This Property

Discover what makes this home special

The Larch 3 is a charming semi-detached family home located in the peaceful village of Ballasalla, Isle of Man. This thoughtfully designed property features three well-proportioned bedrooms and a modern bathroom, perfectly suited for growing families or professionals seeking a comfortable living space. The open-plan ground floor combines a spacious kitchen, dining, and lounge area, creating a warm and inviting atmosphere with ample natural light. The rear garden faces south-east, offering pleasant morning and early afternoon sunshine, ideal for outdoor relaxation and entertaining.

Situated within easy reach of local amenities and transport links, The Larch 3 offers a balanced lifestyle between countryside tranquility and convenient access to Douglas, the island's capital. The nearby Castletown Railway Station provides a scenic and practical route for commuters, while the Isle of Man Airport is just a short drive away, enhancing connectivity for both local residents and international visitors. This property represents a fantastic opportunity for first-time buyers, families, or investors looking to tap into the stable Isle of Man housing market.

Property Features

This semi-detached home offers a functional and modern layout with three bedrooms upstairs, including built-in wardrobes in two rooms, and a family bathroom. The ground floor boasts an open-plan kitchen and dining area that flows into a spacious lounge with French doors leading to the garden. Additional practical features include a downstairs WC and a handy under-stairs store. The rear garden benefits from a south-east aspect, providing good natural light during the morning and early afternoon.

Semi-detached3 Bedrooms1 BathroomOpen-plan Kitchen and DiningLounge with French DoorsRear Garden South-East Facing+2

Local Amenities

Ballasalla is a welcoming village with essential amenities close by, including Ballasalla Primary School and the nearby Castle Rushen High School in Castletown, providing quality education options for families. The village benefits from good transport links, including the nearby Castletown Railway Station and easy access to the Isle of Man Airport, facilitating travel both on and off the island.

Ballasalla Primary SchoolCastle Rushen High SchoolCastletown Railway StationIsle of Man AirportBallasalla Post OfficeLocal Shops+3
Castletown Railway Station Train Station (1.3 miles, 5 mins drive) • 15 mins 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
15 mins
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 Moderate
Evening Low
Kitchen
Morning Good
Afternoon Moderate
Evening Low
Bedrooms
Morning Moderate
Afternoon Good
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

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

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£369,950
Under OfferNB0000050993
View Location Analytics

The Larch 3

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

Developer

Dandara
Available Plot Numbers
78
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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