Laureston Terrace, Douglas
Asking price: £489,000

A freehold residential investment opportunity comprising four self-contained apartments close to the centre of Douglas that produces an annual rental income of £32,100 per annum, reflecting a gross yield of 6.75%.

Property benefits from a communal laundry room and 2 parking spaces at the rear. It has undergone renovations with a new roof installed in 2019, new carpets throughout communal areas and flats, new insulation in the loft space and new bathrooms installed in flats 2 & 4. Each flat is serviced by gas and all serviced up to date.