No longer on the market
This property is no longer on the market
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Map1 bedroom block of apartments
Sold STC
Block of apartments
1 bed
Key information
Features and description
- Residential investment property
- Four self contained apartments
- Close to Douglas town centre
- Projected rental income: £31,200 per annum
An opportunity to acquire a freehold residential investment property comprising of four self-contained apartments close to the centre of Douglas.
3 x 1 bedroom apartments and a 2 bedroom apartment. Apartments 2 and 4 have recently undergone renovation with new carpets and repainting.
Projected rental income when fully let: £31,200 per annum, giving a potential yield of 7.89%.
Apartments 1, 2 and 3 are serviced by gas and apartment 4 is electric. Each apartment is electric key metered.
Potential for further rent growth with modernisation.
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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