Sold STC
Ballafurt Road, Port Erin
Overview
- Commercial
- 0
- 0
Description
- Four self-contained flats
- Renovation works required and potential for further rent growth
- Rental income: £19,380 per annum
- Close to the centre of Port Erin and a short walk to the beach
An opportunity to acquire a freehold residential investment property comprising of four self-contained flats close to the centre of Port Erin and only a short walk to the beach.
4 x 1 bedroom flats. 3 flats are tenanted and 1 vacant.
Rental income: £19,380 per annum. Projected rental income when fully let: £25,872 per annum.
Flat 1 is serviced by oil and flats 2, 3 and 4 are serviced by gas. Each flat is electric key metered.
Garden space at the rear.
Renovation works required. Potential for further rent growth with modernisation.
Property Documents
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Details
Updated on June 14, 2023 at 2:34 pm- Property ID: DR3227
- Price: Asking price: £300,000
- Bedroom: 0
- Bathroom: 0
- Property Type: Commercial
- Property Status: Sold STC
Additional details
- Four self-contained flats:
- Renovation works required and potential for further rent growth:
- Rental income: £19,380 per annum:
- Close to the centre of Port Erin and a short walk to the beach:
Address
Open on Google Maps- Address Ballafurt Road
- Area Port Erin
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