Offers in region of

£350,000

5 bed terraced house for sale
5, Bank Street, Castletown, Isle Of Man IM9

    • 5 beds

    • 2 baths

    • 1 reception

Freehold
Added on 09/09/2025

About this property

  • Conveniently located in the heart of castletown close to town square & harbour

  • Spacious property providing ample room for redevelopment/reconfiguration

  • Currently configured as a 6 bedroom, 2 bathroom house

  • Potential to reinstate commercial use on the ground floor, subject to pp

  • Enclosed rear yard with separate lane access

  • Rare opportunity to create bespoke property in thriving location

Situated in the very heart of Castlestone, just a stone’s throw from the bustling town square and picturesque harbour, 5 Banks Street presents a rare and exciting opportunity for redevelopment in a highly sought-after location. This substantial property, measuring just under 2,000 sq ft, offers immense potential for those seeking either a spacious residential home or a mixed-use building with commercial space on the ground floor.

Currently arranged as a six-bedroom, two-bathroom residence, the property retains many of its original features and layout, but would benefit from modernisation throughout. With generously proportioned rooms across multiple levels, the scope for redesign is vast-whether that be creating a large family home, splitting into flats (subject to the necessary consents), or restoring a shop front and premises on the ground floor to serve the thriving local community.

To the rear, there is a small enclosed yard, ideal for storage or private outdoor space, which is further enhanced by its own separate access via a rear lane. This practical addition adds to the appeal for both residential and commercial uses.

With its central location and versatile layout, 5 Banks Street offers the ideal canvas for a range of development projects. Whether you're an investor, developer, or someone looking to create a bespoke home close to all amenities, this property is bursting with potential and must be viewed to fully appreciate what’s on offer

Mortgage calculator

Monthly repayment

£1,750 per month

Whole of market comparison

70+ lenders and 10,000+ products

How much could I borrow

In partnership with

mojo logo

The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

Report this listing