Murrays Road, Douglas
Asking price: £350,000

Presenting a remarkable opportunity to invest in a partly tenanted residential property nestled in the heart of central Douglas. This property boasts four self-contained flats, comprising two 1 bedroom and two 2 bedroom flats.

Currently, three of the flats are occupied, while one flat awaits its new tenant. It's worth noting that some flats may require renovation work to reach their full potential. Despite this, the property currently generates a respectable rental income of £20,980 annually. However, with all units occupied and any necessary renovations completed, the property holds the potential to yield an impressive £36,000 in annual rental income.

The allure of this investment extends beyond its current state. With the prospect of renovation and modernisation, there exists a promising avenue for growth. Unlock the true value of this property by capitalising on its potential for enhancement and expansion.

Don't miss out on this opportunity to secure a lucrative investment in one of Douglas's most sought-after locations. Reach out today to arrange a viewing and explore the possibilities this property holds.