01624 623778

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110 Spectrum Apartments Central Promenade, Douglas Asking Price £110,000

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  • Fourth Floor Studio Apartment
  • Investment Purchase Only
  • Tenanted until May 2020 Achieving £625.00 PCM
  • Central Promenade Location
  • Allocated Secure Parking Space
  • Ideal Investment Property

INVESTMENT PURCHASE ONLY - currently tenanted with a rental of £625.00 pcm A smart and stylish fourth floor studio apartment conveniently situated on Douglas Promenade within easy walking distance of the main centre and business district. The apartment overlooks the communal courtyard. The property is offered for sale as an investment purchase. The accommodation comprises: hall, lounge/bedroom area, separate fitted kitchen and contemporary bathroom, there is an allocated secure parking space. Double glazed throughout, electric heating. Ideal investment property.


From the Sea Terminal proceed north along the promenade beyond the Villa Marina. Follow through the traffic signals and follow along the promenade to the central promenade to where Spectrum Apartments can be found - use the main communal entrance hall where stairs and lift access to the upper floors and car park level are.


Entrance door. Electric wall heater. Double cupboard with hanging space and shelving - housing Megaflow hot water cylinder.


25'6 x 13'6

Television point. Sliding uPVC double glazed door onto Juliet balcony overlooking courtyard. Glass block wall leading to: BEDROOM AREA - Electric wall heater. Security telephone door entry.


6'6 x 5'0

Range of contemporary and stylish units with laminate worktop surfaces. Electric oven. Siemens hob with filter above. Single drainer stainless steel sink unit. Built in fridge.


Contemporary and stylish White suite comprising: wash hand basin, WC and panelled bath with shower attachment and screen. Large wall mirror. Concealed mirrored cupboard. Heated towel rail. Extractor fan. Tiled floor.


Communal courtyard with water feature. Allocated car parking space number 81


Remainder of 999 year leasehold.


Currently set at approximately £850.00 per annum. GROUND RENT: £300.00 per annum. Active management company. Fees payable £1,394.13 per annum


Mains water, electricity and drainage installed. Electric heating


Viewing is strictly by appointment through CHRYSTALS. Please inform us if you are unable to keep appointments.


INVESTMENT PURCHASE ONLY - currently tenanted until May 2020 with a rental of £625.00 pcm The company do not hold themselves responsible for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.

110 Spectrum Apartments Central Promenade
Douglas IM2 4JL
County: Isle Of Man
Sale Type: For Sale
Ref #: DR7224

P: 01624 623778

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