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Derby Square, Douglas, Isle Of Man £479,000

Sold STC
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Situated in one of the Islands most sought after Victorian Squares, No.39 is a superb investment opportunity currently generating a gross annual rent of £33,300. The property has been converted into 4 self contained apartments, with a spacious 2 bed apartment on the ground floor and 3 x 1 bed apartments on the upper floors. Each apartment is separately metered and has access into a communal garden and rear yard.

Inclusions - Fitted floor coverings - Light fittings

Heating - Gas

Tenure - Freehold


5
4
4
  • Fantastic investment opportunity
  • 4 Apartments over 4 floors
  • Sought after central location
  • 7.0% Gross Annual Return
  • 1 x 2 Bed Apartment & 3 x 1 Bed Apartments
  • Communal garden and rear yard
  • Individually metered for Electricity and Gas
  • No onward Chain
Derby Square Douglas
Isle Of Man IM1 3LW
Sale Type: Sold STC
Ref #: GEA1465
Ciaran Gray
Grays Estate Agents
P: 01624 678876