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Kelsor House, 11/13 Demesne Road, Douglas Asking price: £650,000

  • Kelsor House
    Kelsor House

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  • INVESTMENT SALE
  • Comprising Both Sides of a Substantial Period Semi-Detached Property
  • 6 Well Presented 2 Bedroom Self Contained Apartments (3 per side)
  • Potential Rent When Fully Tenanted - £52,080 per annum


INVESTMENT SALE - Comprising both sides of a substantial period semi-detached property - 6 well presented 2 bedroom self contained apartments (3 per side). Popular rental area with high demand, minutes walk from the town centre and close to all amenities. For flexibility, each side of the building is registered with a separate freehold title and each apartment is held under individual long leaseholds.


Location

Accommodation

11 Demesne Road

Ground Floor, Flat 1
2 double bedrooms, one with en-suite shower room, bathroom, lounge and kitchen.

First Floor, Flat 2
2 double bedrooms, one with en-suite shower room, bathroom, lounge and kitchen.

Second Floor, Flat 3
2 double bedrooms, one with en-suite shower room, bathroom, lounge and kitchen.

13 Demesne Road

Ground Floor, Flat 1
2 double bedrooms, bathroom, lounge and kitchen.

First Floor, Flat 2
2 double bedrooms, one with en-suite shower room, bathroom, lounge and kitchen.

Second Floor, Flat 3
2 bedrooms (one single, one double), double with en-suite shower room, bathroom, lounge and kitchen.

Rent Schedule

11, Flat 1 - £750.00 pcm / £9,000 per annum.
11, Flat 2 - £750.00 pcm / £9,000 per annum.
11, Flat 3 - £695.00 pcm / £8,340 per annum.
13, Flat 1 - £725.00 pcm / £8,700 per annum.
13, Flat 2 - £695.00 pcm / £8,340 per annum.
13, Flat 3 - £725.00 pcm / £8,700 per annum.

Total - £52,080 per annum.

Services

All mains services are connected. Gas fired central heating.

Inventory

Inventories of the landlords’ installations and furnishings will be supplied prior to exchange of contracts.

Possession

Subject to the existing tenancies and on completion of all legal formalities.

Viewing

Strictly by prior appointment through the Sole Agents, Chrystals Commercial.


Kelsor House, 11/13 Demesne Road
Douglas IM1 3EB
County: Isle of Man
Sale Type: For Sale
Ref #: DR0893

P: 01624 625100

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