No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Block of apartments

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Block of apartments
0 bed
0 bath

Key information

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Water: Ask agent
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Property description & features

  • Block of seven self contained apartments
  • Annual rental income of £39,300 per annum, with a potential of £47,100 per annum when fully let
  • Gross yield of 7.53% when fully let
  • Renovation work and would benefit from modernisation
An opportunity to acquire a freehold residential investment property comprising of seven self-contained apartments with unrivalled magnificent panoramic views across Port Erin Bay to Bradda Head.

Renovation work is required and would benefit from modernisation. CCTV installed in communal areas. Apartments are serviced by gas and electric key meters.

Annual rental income of £39,300 per annum, with a potential of £47,100 per annum when fully let, reflecting a gross yield of 7.53%. Potential for growth at full occupancy and modernisation.

Council Tax Band: D
Tenure: Freehold

Property information from this agent

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    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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    *Call rate information

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