New Road, Laxey
Asking price: £650,000

A rare opportunity to purchase this large detached 20 bedroom former residential care home with permitted planning permission to convert into 10 apartments and one large semi-detached dwelling.

Set in a superb location and within the grounds of the beautiful Laxey Glen gardens, this unique property is a mere stroll away from the shops and amenities. The property previously was a hotel and was converted into a care home in 2009. The care home closed in 2019 and has been vacant since and is in need of renovation. It has a lift, double glazing throughout and a gas heating system via radiators with two boilers.

Planning has been granted to convert the property into 10 stunning apartments and a 2 bedroom semi detached dwelling. The apartments comprise of 5 x 2 bedroom apartments and 5 x 1 bedroom apartments. The rear patio garden will be converted into a car park for residents. Planning was granted in June 2022 and will expire in June 2026.