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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.
Residential Sales
T: 01624 623778
E: douglas@chrystals.co.im
Residential Sales
T: 01624 833903
E: porterin@chrystals.co.im
T: 01624 625300
E: douglasrentals@chrystals.co.im
T: 01624 625100
E: commercial@chrystals.co.im
T: 01624 625100
E: commercial@chrystals.co.im
T: 01624 625100
E: rural@chrystals.co.im
Registered Office: Chrystal Bros. Stott & Kerruish Ltd. T/A Chrystals, 31 Victoria Street, Douglas, Isle of Man IM1 2SE
Registered in the Isle of Man No. 34808 | VAT Registration Number: 001090349
Directors: Shane Magee MRICS, Neil Taggart MRICS, Joney Kerruish MRICS & Dafydd Lewis MRICS
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