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Freehold

£295,000

6 bed town house for sale

Castlemona Avenue, Douglas, Isle Of Man IM2
6 beds
6 baths
1 reception
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£295,000

6 bed town house for sale
Castlemona Avenue, Douglas, Isle Of Man IM2

    • 6 beds

    • 6 baths

    • 1 reception

Freehold

About this property

  • Attractive Town House in Central Location Cash Buyer Only

  • Recently Modernised

  • 6 Bedrooms all with 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

Attention investors - Recently modernised and attractively decorated 6 bedroom, mid-terrace Town House located just off Douglas Promenade. Perfectly positioned within walking distance to amenities, restaurants, bars, beach and town 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%.

Summary

Attention investors - Recently modernised and attractively decorated 6 bedroom, mid-terrace Town House located just off Douglas Promenade. Perfectly positioned within walking distance to amenities, restaurants, bars, beach and town 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%.

Features

Attractive Town House in 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

Details

20 Castlemona Avenue has spacious accomodation 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, 1 Double Bedroom with En Suite Bathroom.
1st floor: 2 Good Double Bedrooms - Both with En Suite Shower Rooms.
2nd floor: Shower Room & 1 Single Bedroom. 2 Double Bedrooms - E/ S Showers.
Oil Fired Central Heating & uPVC Double Glazing. Pir Lighting & Full Fire Certificate.
Small Rear Yard & Open Frontage. Disc Parking Zone - Residents Discs Available.

Directions

From the Sea Terminal travel along Douglas Promenade, passing the Gaiety Theatre and the Villa Marina. Continue straight across the 'roundel' at the bottom of Broadway and then take the first left into Castlemona Avenue where the property will be found a short distance along on the right, just after the car show room.

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