Quick ways in Under £500k£500k–£1M£1M+ 2+ beds3+ beds4+ beds FreeholdLeasehold

1 Magher Drine, Ballawaterworth, Peel, Isle Of Man

1 Magher Drine, Ballawaterworth, Peel, Isle Of Man

Description

An exciting opportunity to secure a beautifully presented two bedroom ground floor apartment in one of Peel’s most desirable locations. From the moment you step inside, the care and attention given to this home is clear. The bright open plan kitchen and lounge creates a fantastic, sociable living space — perfect for entertaining or simply relaxing at the end of the day. The layout feels spacious and welcoming, with plenty of natural light throughout. Both bedrooms are generous doubles, offering comfortable and flexible accommodation whether for family, guests or a home office. The property is immaculate throughout, meaning a buyer can simply move in and enjoy. What truly sets this apartment apart is the impressive private garden — a rare find and a real standout feature. The large outdoor space provides endless potential for outdoor dining, gardening or unwinding in your own peaceful setting, and also includes a useful shed for additional storage. With the added benefit of an allocated parking space, this superb home ticks all the boxes. Perfect for first-time buyers, downsizers or investors, 1 Magher Drine is a fantastic find in the heart of Peel.

Ref DDP06313
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Not marked as sole agency on the original listing, so this property may also be marketed by other agents not captured in this data.

Nearby

Nearest match in each category, from a fixed list of Isle of Man amenities — not every pub, café or shop on the island, so treat this as a useful sample, not a complete picture. Distances are straight-line ("as the crow flies"), multiplied by 1.3 to approximate real road-network distance — this is an estimate, not turn-by-turn routing, and actual walking/driving routes may differ. Times assume constant average speeds appropriate to the Isle of Man's roads and 25/35mph limits: walking 4.5 km/h, cycling 14 km/h, driving 30 km/h — not open-road speeds, and they don't account for traffic, parking or terrain.

Masts nearby

Read this before drawing a conclusion. These are masts mapped by OpenStreetMap contributors — 38 communication structures for the whole island, 29 of them tagged as carrying a mobile network. The operators run considerably more sites than that, so a mast not shown here is not evidence there isn't one. There is no official Isle of Man mast register to check against: Ofcom's Sitefinder never covered the island and the Communications Commission publishes no list. Nothing in this data says which generation a mast carries, so none of it can tell you whether a site is 5G.

What the numbers on this listing say

Assembled from this site's own record of the listing and the Isle of Man Government sold-price register. It deliberately makes no recommendation and no valuation — it reports what is measurable and leaves the judgement to you.

What this purchase costs beyond the asking price

Land Registry duty — owner-occupier
£100
0.04% of the asking price. The Isle of Man has no stamp duty; this is what replaces it.
…if you are buying from off-island
£9,598
The non-resident rate is double the resident investor rate. It is the biggest single cost difference between buying here from on- and off-island.
Deposit at 10%
£23,995
Lenders here commonly want 10–25%. Change the figure in the calculator below.

Duty is charged in slices, so each rate applies only to the part of the price inside its band. Three categories exist: owner-occupier (nothing on the first £230,000, 1% to £500,000, 2% above) — £100 here; resident but not owner-occupier, a second home or a let (2%, 2.5% above £3m) — £4,799; and non-resident (4%, 4.5% above £3m) — £9,598. Which one you fall into is a question about you, not about the property, and the Registry decides it. Scale set by the Land, Deeds and Probate Registries (Fees and Duties) Order 2023, in force 1 May 2023 — check the Central Registry's own calculator or ask your advocate for the figure that actually applies. This site is not a tax adviser and takes no fee from anyone named on this page.

What it would cost each month

The interest rate above is a placeholder you should replace with a real quote — this site holds no lender rates, is paid nothing by any lender, and is not advice. Land Registry duty is calculated from the published band scale; everything else follows from the numbers you type.

Getting connected

Four providers sell residential broadband on the island: Manx Telecom, Sure, Wi-Manx, BlueWave Communications. Manx Telecom owns and operates the fixed network the others largely resell, so what is physically available at an address is usually a Manx Telecom question whoever ends up billing you.

This site has no per-address availability feed and makes no claim about the speed, technology or price at this property — a "fibre available here" badge that turned out to be wrong on completion day would be worse than no badge at all. Check with a provider against the actual address before you rely on it. No provider pays this site anything, and these are ordinary links, not referrals.

Extensions are not shown for a flat

A flat owner owns the inside of the flat — not the roof above it, the ground beside it, or the right to build on either. Adding a bedroom, converting the loft or putting up an outbuilding are not options here whatever they might be worth, so they are not costed. Internal work — reconfiguring, refitting a kitchen or bathroom, replacing windows where the lease and the building allow — is a different question, and one this site has no data to price.

Building work on this property

Same estimate model this site uses on its planning pages (UK cost ranges with the Isle of Man's 18% uplift) — a rough starting point, not a quote. Always get quotes from an Isle of Man builder before budgeting.

See also all Isle of Man property professionals — architects, surveyors, mortgage brokers and trades.

Sale history

Sale datePriceAt 2026 pricesAddress on register
2025-11-28£215,000£223,091 +4%21 Magher Drine Ballawattleworth Peel IM5 1XL
2024-11-27£65,000£70,571 +9%11 Magher Drine Ballawattleworth Peel
2023-11-13£222,000£246,167 +11%11 Magher Drine Ballawattleworth Peel
2017-11-07£138,000£207,270 +50%21 Magher Drine Ballawattleworth Peel IM5 1XL
2016-05-04£142,000£218,790 +54%1 Magher Drine Ballawattleworth Estate Peel

Matched by house name/street and parish against the Isle of Man Land Registry's transaction register — not a unique-ID lookup, so a shared house name could span more than one property. The "2026 prices" column carries each price forward at the island-wide repeat-sales index — it is what that sum of money would be at today's market level, not a valuation of this property, and it takes no account of the condition it was in then or any work done since.

Planning history

No planning application found in this site's planning dataset for this address.

Search the official register for anything since 2023

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