£715,000
Est. Mortgage £3,577 per month*
Studio flat for sale
12 Clifton Terrace, Isle Of Man
studio Flat Property description
This is a rare opportunity to acquire a freehold residential investment property in the heart of Douglas. Comprising six fully self-contained apartments, the property offers a mix of electric and gas-serviced units, appealing to a broad range of tenants.Currently generating an annual rental income of £43,500, the property presents significant potential for growth, with full occupancy projections reaching £50,700 per annum. This increase would deliver a strong gross yield of 7.09%, making it an attractive prospect for investors.Ideal for those looking to expand their portfolio or secure a high-yield asset, this property is perfectly positioned in one of Douglas's most desirable locations. An excellent investment opportunity not to be missed.
Tenure: Freehold
Tenure: Freehold
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Council tax
First listed
Over a month ago12 Clifton Terrace, Isle Of Man
Marketed by
Chrystals Estate Agents - Douglas 31 Victoria Street Douglas, Isle of Man IM1 2SECall agent on 020 8022 1282
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Monthly repayment
Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.
12 Clifton Terrace, Isle Of Man - Streetview
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