Studio flat for sale

An opportunity has arisen to acquire a freehold property comprising four apartments and two studios in the very centre of Ramsey, enjoying superb views across the bay and set within easy reach of the town's shops, restaurants and amenities. Its enviable location makes it as attractive to tenants as it is to investors.The property comprises of three one bedroom apartments, a spacious two bedroom apartment and two studio apartments. Five units are currently let and generating income, while one is vacant and awaiting refurbishment.Currently managed by the owner, the block brings in £32,040 annually, with considerable potential to enhance returns through refurbishment and rent increases. Full of untapped potential, this building offers an incoming purchaser the opportunity to add significant value. Additionally, the neighbouring apartment block, Silverburn, is available from the same vendor, opening the door for those seeking to expand their portfolio with a larger investment.