Block of apartments for sale

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Block of apartments for sale

11 Mona Drive, Douglas
£385,000

Our Summary

  • Split over four floors, the property requires renovation throughout and has permitted planning permission to convert into 9 tourist units
  • Planning Application No
  • Some works have commenced with the walls being fully stripped, installation of a new roof, new windows and all fixtures removed

Description

This property presents a unique opportunity to purchase a substantial corner property located near Douglas City Centre, with permitted planning permission to convert into 9 tourist units. The property spans four floors and requires renovation throughout, with some works already commenced, including the stripping of walls, installation of a new roof, and replacement of windows. The property also features a yard at the rear, providing additional space for potential use. With a valid planning application and expiration date in March 2027, this property offers a promising investment opportunity for those looking to develop a tourist business in the area.
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