Rooms currently individually let out on a house share basis +
Shared lounge and kitchen +
Current Income £3,900 pcm +
Current yield 15.86% +
Equally could be used as a large single family home +
Central location +
ATTENTION INVESTORS - Recently modernised and attractively decorated-bedroom, mid-terrace townhouse located just off Douglas promenade. Perfectly positioned within walking distance to amenities, restaurants, bars, beach and city centre. The property is currently operating on a 'House Share' basis with each room individually let with a shared common lounge and kitchen. The property would be equally suited as an ongoing commercial enterprise or for use as a large single family home. Current income is £3,900 pcm providing a gross yield of 15.86%.
Attractive townhouse in a central location
Recently modernised
6 Bedrooms all ensuite
Rooms Currently Individually Let Out On a House Share Basis
Shared Lounge and Kitchen
Current Income £3,900 pcm
Current Yield 15.86%
Equally could be used as a large single family home
20 Castlemona Avenue has spacious accommodation which has been modernised throughout in recent years. It is tastefully decorated in modern neutral colours and easy care floor coverings. It is comprised of –
GROUND FLOOR: Entrance hall & open-plan lounge/dining room/kitchen
LOWER GROUND: Utility room, 1 double bedroom with en suite bathroom
1ST FLOOR: 2 large double bedrooms - both with en suite shower rooms
2ND FLOOR: shower room & 1 single bedroom. 2 double bedrooms - en suite showers
Oil-fired central heating & uPVC double glazing. PIR lighting & full fire certificate
Small rear yard & open frontage. Disc parking zone - residents’ discs available.
Agent Details
Partners Real Estate, Isle of Man
01624 777044
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