Popular
Total views: 2500+
Floorplan
Map1 bedroom apartment for sale
7 Mona Terrace, Douglas
Apartment
1 bed
Key information
Features and description
- 6 x 1 bedroom apartments
- Well maintained property
- Rental income: £55,200 per annum
- Gross yield 7.61%
This is a rare chance to acquire a fully let investment property in a highly desirable area of Douglas. Set over five floors, 7 Mona Terrace features six one-bedroom apartments, a small store, a laundry room, a spacious front garden, and a rear yard. The apartments are equipped with electric heaters and operate on electric key meters for convenience.
The property complies with all fire regulations, which are serviced annually, ensuring peace of mind for both the landlord and tenants. Each apartment is currently let on six-month leases, offering a consistent and reliable income stream.
As a freehold property, this investment provides long-term flexibility and value. Don't miss the opportunity to secure this income-generating property in such a sought-after location. Contact us today for further details or to arrange a viewing.
Tenure: Freehold
About this agent
No matter what type of property you are looking for, we will endeavour to find the one that fulfils all your needs. After discussing your requirements, we will assist you every step of the way as you look for your new home. With hundreds of properties on our books at any one time, we have something for every budget and taste. Whether you're looking for a one-bedroom town flat, or a country mansion, you'll find it with Chrystals. With decades of experience, the Chrystals team has seen it all. With an intimate knowledge of the intricacies unique to the Manx property market, we pride ourselves on providing the Island with a first-class service. We have invested a great deal of time and effort in producing the Isle of Man's premier property website. Our dedicated team of online editors update the site daily so you'll hear about the latest properties for sale first.