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Property Listing Details

Studio for sale

110 Spectrum Apartments, Central Promenade, Douglas IM2

  • Investment

£115,000

Property details

  • 1 bathroom
  • 1 reception room

Features

  • Fourth Floor Studio Apartment
  • Investment Purchase Only
  • Tenanted until May 2020 Achieving £625.00 pcm
  • Central Promenade Location
  • Allocated Secure Parking Space
  • Ideal Investment Property

Listing view statistics

Last 30 days: 88 page views

Since listed: 1866 page views

Description

Investment purchase only - currently tenanted until May 2020 with a rental of £625.00 pcm

A smart and stylish fourth floor studio apartment conveniently situated on Douglas Promenade within easy walking distance of the main centre and business district. The apartment overlooks the communal courtyard. The property is offered for sale as an investment purchase. The accommodation comprises: Hall, lounge/bedroom area, separate fitted kitchen and contemporary bathroom, there is an allocated secure parking space. Double glazed throughout, electric heating. Ideal investment property.

Location

From the Sea Terminal proceed north along the promenade beyond the Villa Marina. Follow through the traffic signals and follow along the promenade to the central promenade to where Spectrum Apartments can be found - use the main communal entrance hall where stairs and lift access to the upper floors and car park level are.

Entrance Hall

Entrance door. Electric wall heater. Double cupboard with hanging space and shelving - housing Megaflow hot water cylinder.

Lounge Area (25'6 x 13'6)

Television point. Sliding uPVC double glazed door onto Juliet balcony overlooking courtyard. Glass block wall leading to:

Bedroom area - Electric wall heater. Security telephone door entry.

Kitchen (6'6 x 5'0)

Range of contemporary and stylish units with laminate worktop surfaces. Electric oven. Siemens hob with filter above. Single drainer stainless steel sink unit. Built in fridge.

Fully Tiled Bathroom

Contemporary and stylish White suite comprising: Wash hand basin, WC and panelled bath with shower attachment and screen. Large wall mirror. Concealed mirrored cupboard. Heated towel rail. Extractor fan. Tiled floor.

Outside

Communal courtyard with water feature.

Allocated car parking space number 81

Tenure

Remainder of 999 year leasehold.

Service Charge

Currently set at approximately £850.00 per annum.

Ground rent: £300.00 per annum.

Active management company. Fees payable £1,394.13 per annum

Services

Mains water, electricity and drainage installed. Electric heating

Viewing

Viewing is strictly by appointment through chrystals.

Please inform us if you are unable to keep appointments.

Possession

Investment purchase only - currently tenanted until May 2020 with a rental of £625.00 pcm
The company do not hold themselves responsible for any expenses which may be incurred in visiting the same should it prove unsuitable or have been let, sold or withdrawn.

Floorplan

Map & Nearby

Local Amenities

  • Isle of Man Airport 6.6 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Isle of Man Airport 6.6 miles

Market stats

Sale activity

Average estimated value for a flat in IM2:

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Estimated running costs

Based on available 3rd party data

Approximate costs
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per month

  • Mortgage £ p/m
  • Energy Not known
  • Home insurance Not known
  • Water Not known
  • Council tax Not known

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
4th Jun 2019 £115,000 Price reduced by £10,000
1st Sep 2017 £125,000 Price reduced by £10,000
4th Feb 2016 £135,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Chrystals Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Chrystals Estate Agents for full details and further information.