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£165,000

2 bed flat for sale
Flat 4, 12 Derby Road, Douglas IM2

    • 2 beds

    • 1 bath

    • 1 reception

Added on 30/05/2025

About this property

  • Third floor converted flat

  • Investment opportunity offered for sale subject to the existing tenancy agreement ending 18th September 2026

  • Central and convenient location

  • Walking distance to Douglas city centre and promenade

  • Various amenities including shops, school and bus routes within a short distance

  • Bright and airy accommodation

  • Living room

  • Open Plan kitchen

  • 2 Bedrooms

  • Bathroom

This third-floor converted flat offers a fantastic opportunity for first-time buyers or investors, ideally located in a central and convenient area of Douglas. Within easy walking distance of the city centre and promenade, the property enjoys close proximity to a wide range of amenities including shops, schools, and bus routes.

The accommodation is bright and airy throughout, comprising an open-plan living and kitchen area, two bedrooms, and a bathroom, providing comfortable and practical living space.

Please note: This property is offered for sale subject to the existing tenancy agreement ending 18th September 2026. The current rental income is set at £900.00 per calendar month.

Inclusions All fitted floor coverings, blinds, curtains and light fittings

Appliances All integrated

Tenure Leasehold - held on the remainder of a 999 year lease with a management company in place which has set the current management fees at approximately £1200.00 per annum and £50.00 ground rent. The sale is subject to the existing tenancy agreement ending 18th September 2026. The current rental income is set at £900.00 per calendar month.

Rates Treasury tel or Douglas Borough tel Heating Gas

Windows uPVC double glazed

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Monthly repayment

£825 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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Garforth Gray

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