15 bed property for sale

Douglas Head, Douglas IM1

Development Opportunity

A stunning development opportunity with full planning permission to demolish an existing dwelling and replace it with a luxurious apartment block comprising seven prestigious and contemporary apartments over four floors, each of which would benefit from stunning coastal views across Douglas bay.

Located in an elevated position on Douglas Head overlooking the town centre, this architecturally-designed building sits in a plot of 0.37 acres, with adjacent land of approximately two acres also available for purchase subject to separate negotiations.

The gross internal floor area of the development would total 12,845 square feet, and be made up of the following apartments;

Apt 1 - Ground Floor - 2 beds - 1,468 square feet

Apt 2 - Ground Floor - 2 beds - 899 square feet

Apt 3 - First Floor - 2 beds - 1,700 square feet

Apt 4 - First Floor - 2 beds - 1,010 square feet

Apt 5 - Second Floor - 2 beds - 1,700 square feet

Apt 6 - Second Floor - 2 beds - 1,010 square feet

Penthouse - Top Floor - 3 beds - 2,191 square feet plus terrace

A basement has been designed to provide 14 parking spaces with planning for seven electric car charging points, as well as a storage facility for 14 bicycles. A sedum 'green' roof will blend into the natural surrounding habitat and the planning permission extends to house 59 roof mounted solar panels capable of generating sustainable energy for the apartments.

The apartments are within easy reach of Douglas city centre, with the main business district and amenities accessible on foot, whilst coastal and headland walks are located on its doorstep.

Full planning permission granted under reference 22/01113/B

- Four storeys of accommodation

- Basement parking for 14 vehicles

- Additional adjacent land available by separate negotiation

- White & grey render finish enhanced by cedar & aluminium cladding

Location

From Athol Street continue through the lights and down Bank Hill. Continue across Bridge Road taking the left exit at the roundabout onto South Quay. At the next roundabout take the second exit onto Fort Anne Road and continue up the hill until reaching the summit, where Gloccor Morra can be found on the right hand side identifiable by our for sale board.