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MapBlock of apartments for sale
4 Clifton Terrace, Douglas
Block of apartments
Key information
Features and description
- Investment opportunity
- Six fully tenanted self-contained apartments
- Potential for rent growth
- Annual rental income: £49,980
- Recently refurbished
An opportunity has arisen to acquire a freehold residential investment in the heart of Douglas, offering six self-contained apartments, all of which are currently tenanted. Perfectly located close to the city centre, shops, and local amenities, this property combines convenience with strong rental potential.
At present, the investment generates an annual rental income of £49,980. Beyond the immediate income, there is considerable potential for future rental growth, providing an attractive gross yield that makes this property a compelling prospect for investors seeking reliable returns.
The property has recently undergone significant improvements, including the installation of a new roof, refurbishment of the back annexe roof in 2024, and a freshly painted exterior and communal areas, Flats 2 and 3 fully refurbished in 2025, ensuring it is both well-maintained and visually appealing.
Tenure: Freehold
Property information from this agent
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.
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