No longer on the market
This property is no longer on the market
MapBlock of apartments
Key information
Features and description
- Residential investment property
- Four self contained flats
- Close to Douglas Town Centre
- Partly tenanted achieving £20,980 per annum
- Renovation work required
Currently, three of the flats are occupied, while one flatawaits its new tenant. It's worth noting that some flats mayrequire renovation work to reach their full potential. Despitethis, the property currently generates a respectable rentalincome of £20,980 annually. However, with all units occupiedand any necessary renovations completed, the property holdsthe potential to yield an impressive £36,000 in annual rentalincome.
The allure of this investment extends beyond its current state. With the prospect of renovation and modernisation, there exists a promising avenue for growth. Unlock the true value of this property by capitalising on its potential for enhancement and expansion.
Don't miss out on this opportunity to secure a lucrative investment in one of Douglas's most sought-after locations. Reach out today to arrange a viewing and explore the possibilities this property holds.
Council Tax Band: D
Tenure: Freehold
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