About This Property

Discover what makes this home special

The Larch 3 is a charming semi-detached family home situated in the peaceful village of Ballasalla. Offering three well-proportioned bedrooms and a modern bathroom, this property is ideal for growing families or professionals seeking a comfortable living space. The ground floor boasts an open-plan kitchen, dining, and lounge area, perfect for entertaining guests or relaxing with family. The rear garden faces south-east, ensuring pleasant morning and early afternoon sunlight, creating a bright and welcoming atmosphere throughout the day.

Located within easy reach of Castletown Railway Station and just a short drive from Douglas, The Larch 3 offers excellent connectivity for commuters and visitors alike. The surrounding area benefits from a range of local amenities including schools, supermarkets, and recreational parks, making it an attractive option for those seeking a balanced lifestyle on the Isle of Man. With ongoing village regeneration projects nearby, this property also presents promising potential for future value growth.

Property Features

This property features a well-designed open-plan kitchen and dining area that flows seamlessly into the lounge, creating a spacious and sociable environment. The inclusion of a ground floor WC adds convenience, while the storage space under the stairs maximizes practicality. The three bedrooms upstairs are generously sized, with built-in wardrobes in two rooms, providing ample storage. The south-east facing garden ensures good natural light in the mornings and early afternoons, ideal for outdoor activities and relaxation.

South-East facing gardenOpen-plan kitchen and diningSemi-detachedThree bedroomsModern bathroomGround floor WC+2

Local Amenities

Ballasalla offers a range of local amenities catering to everyday needs and leisure. The nearby Castletown Railway Station provides convenient rail access, while Ballasalla Primary School serves families with young children. Local shops including a Co-op Food Store and Post Office ensure essential services are close by. For leisure, Ballasalla Park offers green spaces and play areas, perfect for families and outdoor enthusiasts. Additionally, the Isle of Man Airport is just a short drive away, facilitating easy travel connections.

Castletown Railway StationBallasalla Primary SchoolThe Abbey ChurchBallasalla Post OfficeCo-op Food StoreBallasalla Park+1
Castletown Railway Station Train Station (1.3 miles, 5 mins drive) • 20 mins to Douglas

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£364,950
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£364,950
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
68/100
ChallengingModerateGoodExcellent
Stable local rental demand
Limited direct international transport links
Growing local infrastructure

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£364,950
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 £1,673/mo rent
Area Price Growth
+3.2%
Average annual increase
5-Year Value Forecast
£427,201
+£62,251 projected gain
5-Year Rent Forecast
£2,035/mo
Based on 4.0% annual growth
Price per Sq Ft£317
Annual Rent Income£20,076
10-Year ROI220%
Break-Even Point17 yrs

Property Value Projection

Based on 3.2% annual growth
£427,201
5yr
£500,069
10yr
£585,368
15yr
£685,216
20yr
£802,095
25yr
Current: £364,950

Monthly Rental Income

Based on 4.0% annual growth
£2,035
5yr
£2,476
10yr
£3,013
15yr
£3,666
20yr
£4,460
25yr
Current: £1,673/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
20 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 Good
Evening Moderate
Kitchen
Morning Good
Afternoon Moderate
Evening Low
Bedrooms
Morning Moderate
Afternoon Good
Evening Low

Location Scores

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

Future Developments Nearby

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

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£364,950
Under OfferNB0000050994
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
81
1 plot(s) available
Ownershipfreehold

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£364,950The Larch 3

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The Larch 3
The Larch 3Ballasalla£364,950

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