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9 bedroom house for sale
Demesne Road, Douglas, IM1
£325,000
Demesne Road, Douglas, IM1
£325,000
Our Summary
- This converted townhouse in Douglas, Isle of Man, presents a fantastic investment opportunity
- It offers great potential for long-term rental yields and would be a solid addition to any investment portfolio
- Freehold Investment Opportunity
- Suitable For Cash Buyers Only
Description
This converted townhouse in Douglas, Isle of Man, offers a fantastic investment opportunity, featuring two spacious flats with long-term tenants in place, generating a steady rental income. Flat 1 has six bedrooms and two bathrooms, with a monthly rental income of £1,350, while Flat 2 has three bedrooms and one bathroom, with a monthly rental income of £850. Both flats are fully tenanted with reliable, long-term tenants, ensuring a smooth transition for the new owner. The property is well-maintained and located in the heart of Douglas, close to local amenities, schools, and transport links, offering great potential for long-term rental yields and a solid addition to any investment portfolio.