Block of apartments for sale
Key information
Features and description
- Situated in central Douglas
- Fully licenced 12 bedroom HMO
- Annual rental income of £79,560
- Investment opportunity
The accommodation is thoughtfully arranged to maximise comfort and convenience. On the ground floor there is a large kitchen diner, complemented by a further smaller kitchen diner on the top floor. Shared bathroom facilities include a ground floor bathroom for rooms one and two, a WC and shower room on the second floor serving rooms six, ten, and eleven, as well as a shower room with WC on the top floor shared by rooms fourteen and fifteen. A small sitting room is located on the first floor, providing a communal space for tenants, while bike storage is available in the back yard.
The building has been fitted with fibre broadband and a dedicated WiFi network, ensuring excellent internet coverage throughout. Recent improvements include a freshly repainted external frontage, along with refurbished communal stairs and landing, and part of the back annexe roof replaced this year, ensuring the property is both well-maintained and appealing to tenants.
This is a rare opportunity to acquire a substantial, income-generating HMO in a prime central Douglas location.
Tenure: Freehold
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