£195,000
6 bed terraced house for sale7, Peel Road, Douglas, Isle Of Man IM1
6 beds
3 baths
3 receptions
About this property
Planning approved to convert property into three self-contained apartments
Central Douglas location close to shops, schools, and transport links
Excellent investment opportunity with strong redevelopment and rental potential
Full refurbishment required, property unsuitable for mortgage or habitation
An excellent opportunity to acquire a centrally located property with full planning permission to create three self-contained apartments (Planning Reference: 13/00736/B).
Situated in the heart of Douglas, 7 Peel Road benefits from immediate access to a wide range of local amenities, including shops, schools, and services, and is conveniently positioned on a main bus route, making it an attractive prospect for future tenants or resale.
The property has been fully stripped out and currently requires complete refurbishment. As such, it is not suitable for habitation in its current condition and is available to cash buyers only.
This is an ideal project for developers or investors seeking a well-located conversion opportunity with planning already in place.
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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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