Killane Mill, Ballaugh, IM7 5BB

Oiro £405,000

Key Features

  • Detached 3 double bedroom house with quadruple garage on good size plot of land.
  • Beautiful views looking out to sea.
  • Historical detached former mill dating back to c.1868.
  • Planning in principle for the erection of a replacement dwelling in 2010, which has since elapsed.
  • In need of refurbishment / modernisation.
  • Quoting price based on a estimated house price of £495,000, minus £90,000 (5 years rent up-front at £1,500 per calendar month).

Overview

DESCRIPTION
Historical detached former mill dating back to
c.1868. Various alterations and extensions have
been added over the years, along with a sea
defence in c.1991. Planning in principle for the
erection of a replacement dwelling in 2010,
which has since elapsed.
Good size plot of land that has Killane River
meandering through, with beautiful views
looking out to sea. Shared long driveway from
the main road and a public footpath to the right
of the gated entrance leading down to the beach.
Property has 3 double bedrooms at lower ground
floor level with a jack and jill bathroom. The
ground floor houses a large lounge which opens
out into a secluded BBQ patio, kitchen with aga
cooker / hot water & oil central heating system,
dining area, porch, family size bathroom, study,
utility room, art studio and quadruple garage
which houses the oil tank with potential for attic
conversion / extension above subject to planning
and building control approval. Due to the
location of the property it is connected to a
septic tank, as opposed to mains.
Property is in need of refurbishment /
modernisation.

TENURE
Proposal for a sale and leaseback in order for the
existing owners to remain in occupation for the
remainder of their lives.

At a Glance

  • Price
    Oiro £405,000
  • Status
    Available
  • Tenure
    Freehold
  • Type
    Investment

Contact the Agent

Contact the Agent

Ben Quayle

ben@blackgracecowley.com

01624 645550

Key Features

  • Detached 3 double bedroom house with quadruple garage on good size plot of land.
  • Beautiful views looking out to sea.
  • Historical detached former mill dating back to c.1868.
  • Planning in principle for the erection of a replacement dwelling in 2010, which has since elapsed.
  • In need of refurbishment / modernisation.
  • Quoting price based on a estimated house price of £495,000, minus £90,000 (5 years rent up-front at £1,500 per calendar month).

Recently Viewed Properties

Killane Mill, Ballaugh, IM7 5BB

£405,000

  • Tenure
    Freehold
  • Type
    Investment
  • Status
    Available