42 Victoria Road, Douglas
Asking price: £375,000

This substantial property comprises five vacant flats spread over six floors, offering a unique investment opportunity. While the property requires full refurbishment throughout, it presents significant potential for redevelopment.

On the ground floor, Flat 1 features a lounge, kitchen, bathroom, store cupboard, and a bedroom. Flat 2 is split over two floors, with entrances at both ground level and the lower ground floor. The ground floor contains a good sized bedroom with stairs leading down to the lower ground floor, where there is a lounge with access to the rear garden, a small bedroom, WC, store room, and a spacious kitchen.

The first floor accommodates two flats. Flat 3 consists of a lounge, bedroom with built-in wardrobe, bathroom, and kitchen, while Flat 4 offers a lounge with steps leading into the kitchen, a bathroom accessed from the kitchen, and a bedroom.

The property requires a comprehensive renovation, with all internal and flat entrance doors removed. While some windows are double glazed, most remain old style sash windows. The rear garden is a generous size but is currently overgrown and requires attention.

With its size, layout, and location, this property has fantastic potential for investors willing to undertake a full refurbishment.