17 bed property for sale

Fairfield Terrace, Douglas IM1

Presenting a lucrative investment opportunity, this house of multiple occupation (HMO) features a total of 17 bedrooms - all currently let - ensuring a steady rental income of £1,979 per week. The property boasts two spacious communal lounges, two fully-fitted communal kitchens, and a convenient communal laundry room for residents. Most bedrooms are equipped with en suite facilities for added comfort and privacy. Additionally, a shower room is available with two cubicles.

Furthermore, a separate, generously-proportioned self-contained flat offers potential for additional rental income or comfortable owner accommodation. Whether seeking a robust investment with stable returns or a property with versatile living arrangements, this meticulously maintained HMO presents an attractive opportunity for discerning investors and homeowners alike. Discover the potential of this thoughtfully designed property that caters to the needs of modern shared living environments.

Location

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.