Royal Avenue West, Onchan
Asking price: £325,000

21 Royal Avenue West, Onchan, IM3 1HD

Sold STC
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  • Residential investment opportunity
  • 3 x two bedroom flats
  • In need of renovation and modernisation
  • Projected rental income: £25,020 per annum
  • Potential for growth with renovation and modernisation

An opportunity to acquire a residential investment property comprising of 3 x 2 bedroom flats.

Flats 1 & 2 are vacant and flat 3 has a long term tenant. All flats require renovation work throughout and would benefit from modernisation.

Annual rental income of £8,340, with a potential of £25,020 per annum when fully let, reflecting a gross yield of 7.69%. Potential for growth with renovation and modernisation.



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Location

Royal Avenue West
Onchan IM3 1HD
County: Iom
Sale Type: Sold STC
Council Tax: D
Ref #: DR3435
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere