Block of apartments for sale
Key information
Property description & features
- 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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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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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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