Overview
- Commercial Property, Investment
- 0
- 0
Description
Description & Accommodation
This is a substantial property which has a mix of accommodation over 4 floors
Flat 1 Two Bed £8280
Flat 2 One Bed £6760
Flat 3 One Bed £7800
Flat 4 One Bed £6500
Flat 5 One Bed £6760
Flat 6 Three Bed £8400
The total rental return gross is approximately £44,500 per annum. There is potential for improvement in growth and offers an Investor an excellent opportunity.
Details
Directions
Travelling up Bucks Road towards Prospect Terrace take the Kensington Road turning keep left until you come to the junction with Demesne Road and No 6 can be found immediately on the left.
Tenure
Freehold – Subject to Leases. The Tenants are on 12 month leases.
Services & Rates
Services
It is understood that mains water , drainage and electricity are connected.
Oil Fired central heating.
Fire Alarm System in place—Registered Property.
Details
Updated on June 14, 2023 at 3:27 pm- Property ID: 1654
- Price: £495,000
- Bedroom: 0
- Bathroom: 0
- Property Type: Commercial Property, Investment
- Property Status: For Sale
Additional details
- 6 Flats:
- Rental Return £44,500pa Gross:
- Ideally Located Close to Town/Shops:
- Investment Opportunity With Potential Growth:
Address
Open on Google Maps- Address Demesne Road, Douglas, IM1 3ED
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- Principal & Interest
- Property Tax
- Home Insurance
- PMI
