34 Demesne Road, Douglas

£325,000 OIRO

Key Features

  • Opportunity to purchase this block of four flats in central Douglas.
  • We estimate, once the building is and finished and the flats are re-let – a potential income of circa £37,000 - £38,000 could be achieved.
  • Comprises of 1 large duplex flat - 2 beds/2 baths & 3 x 1 bed flats.
  • Conveniently located within walking distance of Prospect Terrace, Buck’s Road, Douglas Town Centre and bus routes.
  • We have Vacant Possession of the property - allowing renovation and remedial works to be carried out immediately by a new owner.
  • The property is being sold in a ‘sold as seen’ condition.

Overview

ACCOMMODATION
1 x 2 bed (duplex) / 3 x 1 bed flats, each with kitchen,
bathroom and living room.
LOCATION
Travelling up Westmoreland Road from Circular
Road, turn right onto Demesne Road just after
Happy Days Motors. Continue along where the
property can be found on the left-hand side.
SERVICES
Mains services are installed.
TENURE
Freehold.

At a Glance

  • Price
    £325,000 OIRO
  • Status
    Available
  • Tenure
    Freehold
  • Type
    Redevelopment

Contact the Agent

Contact the Agent

Sharon Gelling

sharon@blackgracecowley.com

01624 645550

Key Features

  • Opportunity to purchase this block of four flats in central Douglas.
  • We estimate, once the building is and finished and the flats are re-let – a potential income of circa £37,000 - £38,000 could be achieved.
  • Comprises of 1 large duplex flat - 2 beds/2 baths & 3 x 1 bed flats.
  • Conveniently located within walking distance of Prospect Terrace, Buck’s Road, Douglas Town Centre and bus routes.
  • We have Vacant Possession of the property - allowing renovation and remedial works to be carried out immediately by a new owner.
  • The property is being sold in a ‘sold as seen’ condition.

Recently Viewed Properties

34 Demesne Road, Douglas, IM1 3EG

£325,000

  • Tenure
    Freehold
  • Type
    Redevelopment
  • Status
    Available
3 x Plots of Land - Balthane

  • Tenure
    Leasehold
  • Type
    Land
  • Status
    Available
5 Market Hill, Douglas, IM1 2BF

£392,000

  • Tenure
    Freehold
  • Type
    Investment
  • Status
    Available
  • Area (sq.ft)
    2,978