6 Clifton Terrace, Douglas
Asking Price £670,000

Located in the heart of Douglas, close to both the promenade and the city centre, this fully licensed HMO presents an exceptional investment opportunity. The property is currently fully occupied and licensed to accommodate up to 16 residents. Offering a mix of seven double bedrooms and five single bedrooms, it includes five with en-suite facilities, while the remaining seven benefit from well-maintained shared bathroom amenities. The property generates an annual rental income of £79,560, providing a strong and consistent return.

The accommodation is thoughtfully arranged to maximise comfort and convenience. On the ground floor there is a large kitchen diner, complemented by a further smaller kitchen diner on the top floor. Shared bathroom facilities include a ground floor bathroom for rooms one and two, a WC and shower room on the second floor serving rooms six, ten, and eleven, as well as a shower room with WC on the top floor shared by rooms fourteen and fifteen. A small sitting room is located on the first floor, providing a communal space for tenants, while bike storage is available in the back yard.

The building has been fitted with fibre broadband and a dedicated WiFi network, ensuring excellent internet coverage throughout. Recent improvements include a freshly repainted external frontage, along with refurbished communal stairs and landing, and part of the back annexe roof replaced this year, ensuring the property is both well-maintained and appealing to tenants.

This is a rare opportunity to acquire a substantial, income-generating HMO in a prime central Douglas location.