Ballafurt Road, Port Erin
Asking price: £300,000

Sandymount, Ballafurt Road, Port Erin

Sold STC
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  • Four self-contained flats
  • Renovation works required and potential for further rent growth
  • Rental income: £19,380 per annum
  • Close to the centre of Port Erin and a short walk to the beach

An opportunity to acquire a freehold residential investment property comprising of four self-contained flats close to the centre of Port Erin and only a short walk to the beach.

4 x 1 bedroom flats. 3 flats are tenanted and 1 vacant.

Rental income: £19,380 per annum. Projected rental income when fully let: £25,872 per annum.

Flat 1 is serviced by oil and flats 2, 3 and 4 are serviced by gas. Each flat is electric key metered.

Garden space at the rear.

Renovation works required. Potential for further rent growth with modernisation.



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Location

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Ballafurt Road
Port Erin IM9 6HP
County: Iom
Sale Type: Sold STC
Council Tax: D
Ref #: DR3227
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere