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Ensure you seize this exceptional opportunity to acquire a meticulously maintained and fully licensed HMO property.
Originally a guest house, this property has been transformed into ten spacious bedrooms, each with its own ensuite bathroom, designed for single occupancy. Enjoy the convenience of WiFi connectivity throughout, along with two communal kitchens/dining areas and a utility room.
Currently undergoing exterior refurbishment, the property will be presented in top condition before any sale takes place.
Generating an impressive annual rental income of £62,400, resulting in a gross yield of 10%, this property promises excellent returns on investment. Additionally, it is fully compliant with both HMO regulations and fire safety standards, ensuring a hassle-free ownership experience.
Residential Sales
T: 01624 623778
E: douglas@chrystals.co.im
Residential Sales
T: 01624 833903
E: porterin@chrystals.co.im
T: 01624 625300
E: douglasrentals@chrystals.co.im
T: 01624 625100
E: commercial@chrystals.co.im
T: 01624 625100
E: commercial@chrystals.co.im
T: 01624 625100
E: rural@chrystals.co.im
Registered Office: Chrystal Bros. Stott & Kerruish Ltd. T/A Chrystals, 31 Victoria Street, Douglas, Isle of Man IM1 2SE
Registered in the Isle of Man No. 34808 | VAT Registration Number: 001090349
Directors: Shane Magee MRICS, Neil Taggart MRICS, Joney Kerruish MRICS & Dafydd Lewis MRICS
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