8 bed terraced house for sale

Derby Square, Douglas, Isle Of Man IM1

A substantial period property overlooking Derby Square with exceptional potential to create a magnificent family home, multi-generational residence or redevelopment opportunity.

Occupying an enviable position overlooking the highly sought-after Derby Square, this imposing period townhouse presents a rare opportunity to acquire a property of significant scale, character and future potential.

Arranged over multiple floors and benefiting from a lower ground floor apartment, the property offers a versatile layout that could appeal to a variety of purchasers, from those seeking an impressive single dwelling to those exploring options for multi-generational living, income generation or reconfiguration (subject to any necessary consents).

Having been in the same ownership for over 40 years, the property now presents an exciting blank canvas for its next chapter. Whilst requiring modernisation and refurbishment throughout, it offers substantial accommodation, beautiful proportions and an opportunity to restore a grand Douglas period home to its former glory.

One of the property's standout features is its elevated position, providing attractive views across Derby Square and towards the sea beyond. With selective landscaping and tree management, buyers may further enhance these views and create a truly special setting.

Externally, the rear yard and outside space offer further potential and, subject to any necessary approvals, could potentially be reconfigured to create additional usable garden space or even parking, adding considerable appeal for future owners.

The property will particularly suit buyers seeking a project with significant upside potential in one of Douglas' most desirable and established locations.

Properties of this scale and position rarely become available and this represents an exciting opportunity for an incoming purchaser to create something truly special.