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Woodbourne Road Douglas, Isle Of Man Asking price: £495,000

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  • Prime central location
  • Fully tenanted apartments
  • Annual rental income: £35,400
  • Yield 7.15%
  • Ample parking
  • Five apartments

INVESTMENT OPPORTUNITY

An opportunity has arisen to purchase a fully tenanted block of apartments in central Douglas.

The detached property has been converted into five apartments. The apartments consist of 3 x 1 bedroom apartments and 2 x 2 bedroom apartments. The property benefits from ample parking and are serviced by their own individual gas boilers.

The tenants are on yearly rollover leases. Annual rental income: £35,400. Yield 7.15%.



Woodbourne Road Douglas
Isle Of Man IM2 3AQ
County: Iom
Sale Type: For Sale
Ref #: DR1983

P: 01624 625100

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