01624 623778   •   hello@chrystals.co.im        

Clifton Terrace, Douglas, Isle Of Man
Asking price: £715,000

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12 Clifton Terrace, Isle Of Man

  • Exterior
    Exterior
  • Communal Hallway
    Communal Hallway
  • Laundry Room
    Laundry Room
  • Apartment 1
    Apartment 1
  • Apartment 1
    Apartment 1
  • Apartment 1
    Apartment 1
  • Apartment 1
    Apartment 1
  • Apartment 1
    Apartment 1
  • Apartment 2
    Apartment 2
  • Apartment 2
    Apartment 2
  • Apartment 2
    Apartment 2
  • Apartment 2
    Apartment 2
  • Apartment 3
    Apartment 3
  • Apartment 3
    Apartment 3
  • Apartment 3
    Apartment 3
  • Apartment 3
    Apartment 3
  • Apartment 3
    Apartment 3
  • Apartment 3
    Apartment 3
  • Apartment 4
    Apartment 4
  • Apartment 4
    Apartment 4
  • Apartment 4
    Apartment 4
  • Apartment 4
    Apartment 4
  • Apartment 4
    Apartment 4
  • Apartment 5
    Apartment 5
  • Apartment 5
    Apartment 5
  • Apartment 5
    Apartment 5
  • Apartment 5
    Apartment 5
  • Apartment 5
    Apartment 5
  • Apartment 6
    Apartment 6
  • Apartment 6
    Apartment 6
  • Apartment 6
    Apartment 6
  • Apartment 6
    Apartment 6
  • Apartment 6
    Apartment 6
  • Apartment 6
    Apartment 6

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  • Freehold residential investment property
  • Potential to achieve £50,700 per annum when fully let
  • Six fully self contained apartments
  • Situated in central Douglas

This is a rare opportunity to acquire a freehold residential investment property in the heart of Douglas. Comprising six fully self-contained apartments, the property offers a mix of electric and gas-serviced units, appealing to a broad range of tenants.

Currently generating an annual rental income of £43,500, the property presents significant potential for growth, with full occupancy projections reaching £50,700 per annum. This increase would deliver a strong gross yield of 7.09%, making it an attractive prospect for investors.

Ideal for those looking to expand their portfolio or secure a high-yield asset, this property is perfectly positioned in one of Douglas’s most desirable locations. An excellent investment opportunity not to be missed.

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Location

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Clifton Terrace Douglas
Isle Of Man IM2 3HX
County: Iom
Sale Type: For Sale
Ref #: DR4083
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
Estate Agent Software
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere M

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