6 bed terraced house for sale

Castlemona Avenue, Douglas IM2

Attention investors - Recently modernised and attractively decorated-bedroom, mid-terrace townhouse located just off Douglas promenade. Perfectly positioned within walking distance to amenities, restaurants, bars, beach and city 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%.

Attractive townhouse in a 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

20 Castlemona Avenue has spacious accommodation 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 room, 1 double bedroom with en suite bathroom

1st floor: 2 large double bedrooms - both with en suite shower rooms

2nd floor: Shower room & 1 single bedroom. 2 double bedrooms - en suite showers

Oil-fired central heating & uPVC double glazing. Pir lighting & full fire certificate

Small rear yard & open frontage. Disc parking zone - residents’ discs available.

Location

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.