£750,000
17 bed property for sale4 Fairfield Terrace, Douglas IM1
17 beds
14 baths
2 receptions
- Freehold
Partners Real Estate
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About this property
2 Communal Lounges
2 Lovely Fully Fitted Communal kitchens
Laundry Room
17 bedrooms (Which are currently all rented)
Most Bedrooms have access to En-suite Shower/Bath facilities, there is also a Shower room with 2 cubicles
Current Rental Income per week is £1797 The property also benefits from a large self contained flat that could provide an additional Income or provide live in accommodation
Superb Investment Opportunity Offering a High Yield Return Fully Licensed Terraced HMO (House in Multiple Occupation) What is a HMO HMO is where three or more unrelated persons occupy a house, where they pay rent for their own bedroom and share a kitchen, lounge and/or a bathroom. No Lease or contract is required.
Overview
Nestled in the heart of Douglas, 4 Fairfield Terrace presents a remarkable opportunity for those seeking a spacious and versatile property. This fully licensed terrace house boasts an impressive 17 bedrooms, making it an ideal choice for large families, or for those considering a bed and breakfast venture.
Upon entering, you will find two generously sized reception rooms, perfect for entertaining guests or enjoying quiet evenings with family. The layout of the property offers ample space for comfortable living, with each bedroom designed to provide a restful retreat. The 14 bathrooms ensure that convenience is at the forefront, catering to the needs of a bustling household or accommodating multiple guests with ease.
Additional Information
Rateable Value: £tba
Rates Payable: £tba
Inclusions : Tba
School District: Henry bloom noble / bhs
Directions
Travelling along Peel Road into Douglas keep left on to Belmont Terrace than continue through the first set of lights and then turn left at the next set on to Upper Church Street, continue up the road and take the 2nd turning on the right onto Tynwald Street where the property can be found at the end of the street on the left hand side opposite Bedco.
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