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£110,000

Property for sale
64 Parliament Street, Ramsey IM8

    • 1 bath

    • 2 receptions

Freehold
Added on 02/12/2025

About this property

  • Ground floor retail unit currently let to a local charity shop, providing immediate rental income

  • Three additional upper floors with potential for residential use

  • Full refurbishment required throughout, offering strong scope for value uplift

  • Prominent position on Parliament Street with excellent footfall

  • Flexible mixed-use opportunity in the centre of Ramsey

  • Viewings strictly by appointment through DeanWood

64 Parliament Street presents an excellent opportunity for investors or those seeking a mixed-use property in the heart of Ramsey. The building comprises a ground floor commercial unit currently occupied by a well-established local charity shop, providing immediate rental income from day one. The frontage enjoys strong visibility onto one of the town’s busiest streets, benefitting from consistent footfall and excellent access to nearby amenities, public transport and local parking.

Above the shop, the property extends across three additional floors offering scope for residential accommodation. These upper levels require full refurbishment throughout, giving a buyer the chance to reconfigure and modernise the space to suit their intended use - whether for private occupation, long-term rental, or conversion into multiple units (subject to planning). With generous proportions and original structural character, the building holds significant potential for value uplift once renovated.

The layout provides flexibility for a range of purposes, and the mixed-use nature of the property strengthens its appeal to investors looking for both commercial and residential opportunities in a prime town-centre location. Parliament Street continues to thrive as a vibrant high street with a diverse mix of independent traders, cafés and services, ensuring a steady level of activity all year round.

Given its location, existing commercial tenancy, and scope for improvement, 64 Parliament Street represents a rare chance to secure a versatile building in one of the Island’s key northern hubs.

Viewings are strictly by appointment only through DeanWood.

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Monthly repayment

£550 per month

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