42 Victoria Road, Douglas
Asking price: £375,000

This substantial property comprises five vacant flats spread over six floors, offering a unique investment opportunity. While the property requires full refurbishment throughout, it presents significant potential for redevelopment.

Please note: The flats are not registered, and the property is being sold as seen.

On the ground floor, Flat 1 features a lounge, kitchen, bathroom, store cupboard, and a bedroom. Flat 2 is split over two floors, with entrances at both ground level and the lower ground floor. The ground floor contains a good-sized bedroom with stairs leading down to the lower ground floor, where there is a lounge with access to the rear garden, a small bedroom, WC, store room, and a spacious kitchen.

The first floor accommodates two flats. Flat 3 consists of a lounge, bedroom with a built-in wardrobe, bathroom, and kitchen, while Flat 4 offers a lounge with steps leading into the kitchen, a bathroom accessed from the kitchen, and a bedroom.

Flat 5 is located on the second floor and is spread over two levels, including a large attic room. This flat includes two bedrooms, a shower room, WC, and an open-plan lounge and kitchen, with stairs leading to the attic space, which could be used as an additional large bedroom or lounge, subject to any necessary consents.

The property requires comprehensive renovation, with all internal and flat entrance doors having been removed. While some windows are double glazed, the majority remain traditional sash windows. The rear garden is generously sized but is currently overgrown and requires attention.

With its size, layout, and location, this property offers exceptional potential for investors or developers looking to undertake a full refurbishment. The property is offered in its current condition, with no works to be carried out by the vendor prior to completion.