This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- Investment opportunity - currently tenanted at £975 PCM till end of June 2024 (3 months notice period)
- The property is currently achieving 6.5% gross yield
- Modern First floor purpose built apartment in a popular residential area with children's play park in close proximity
- Convenient cul-de-sac location within easy reach of local schools, shops and bus route
- Offering spacious light and airy accommodation
- Dual aspect living/dining room
- Stylish fitted modern kitchen
- 2 Bedrooms
- Modern bathroom
- Communal parking
Investment opportunity - currently tenanted at £975 PCM till end of June 2024 with 3 months notice period (currently achieving 6.5% gross yield)
Unlock a promising investment opportunity with this contemporary first-floor purpose-built apartment, strategically positioned in a popular residential area. Currently, this property is a lucrative venture, tenanted at £975 per calendar month until the end of June 2024, providing a stable income stream with a three-month notice period. The property is currently achieving 6.5% gross yield.
Nestled in a convenient cul-de-sac, this apartment enjoys proximity to local schools, shops, and a bus route, making it an attractive option for tenants seeking ease and accessibility. The neighborhood's charm is complemented by the presence of a nearby children's play park, enhancing its appeal for families.
Step inside to discover spacious, light-filled interiors that create a welcoming atmosphere. The dual-aspect living/dining room offers versatility and a sense of openness, while the stylish fitted modern kitchen adds a touch of contemporary flair to the property.
The apartment comprises two well-appointed bedrooms, ensuring comfortable living arrangements. A modern bathroom completes the accommodation, providing convenience and functionality.
Residents benefit from communal parking, simplifying daily life and ensuring a hassle-free experience. Whether you're a seasoned investor or exploring the potential of property investment, this tenanted modern apartment stands as a prime opportunity to secure a valuable asset in a sought-after location.
Seize the chance to add this income-generating property to your portfolio and capitalize on the appeal of modern living in a thriving residential community.
Inclusions All fitted floor coverings, curtains, blinds and light fittings
Appliances Electric oven, 4-ring hob, fridge freezer and washer dryer
Tenure Leasehold - held on the remainder of a 999 year lease with a management company in place which has set the current management fees at approximately £1200.00 per annum including ground rent
Rates Treasury tel -[use Contact Agent Button] or Douglas Borough tel -[use Contact Agent Button]
Heating Gas
Windows uPVC double glazing
Places of interest
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Property reference 6024. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Garforth Gray - Isle of Man.
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Broadband availability and predicted speed
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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