Offers in region of
£355,000
(£423/sq. ft)
3 bed end terrace house for saleAlbany Street, Braddan, Douglas, Isle Of Man IM2
3 beds
3 baths
3 receptions
840 sq. ft
About this property
Excellent Investment Opportunity
Yield Potential Approx. 7% plus garage income
Cash Buyers Only
2 Single Garages
No Onward Chain
3 One Bedroom Apartments
Presenting a rare and lucrative investment opportunity, this three bedroom end of terrace house is offered to the market with no onward chain and is available exclusively to cash buyers. The property is currently configured as three self-contained one bedroom apartments, each offering well-proportioned living accommodation and strong rental demand, making it an ideal addition to any investment portfolio. With an estimated yield potential of approximately 7 percent, plus additional income generated from two single garages (included with the property), this asset offers multiple income streams and scope for excellent returns. Each apartment benefits from its own private entrance, creating a sense of independence and privacy for tenants, while the interiors are bright and neutrally decorated, allowing for easy personalisation. The apartments feature well-appointed kitchens, comfortable living areas and modern shower rooms, ensuring a comfortable living environment for occupants. The property is arranged over two floors, with a practical layout that maximises the use of space and provides versatility for future reconfiguration, subject to the necessary consents. The inclusion of two single garages offers valuable storage or parking options and represents an additional rental opportunity for investors seeking to maximise their returns. Located in a popular residential area with strong local amenities, reliable transport links and easy access to the town centre, this property is ideally positioned to attract professional tenants and those seeking convenient urban living. The absence of an onward chain allows for a swift and straightforward transaction, enabling investors to realise returns without unnecessary delay. This property represents an exceptional chance to acquire a ready-made investment with proven income streams and further potential for enhancement. Whether you are an experienced landlord looking to expand your portfolio or a new investor searching for a high-yielding asset, this end of terrace house is certain to impress with its flexible layout, multiple income opportunities and desirable location. Early viewing is highly recommended to appreciate the full scope and potential of this unique investment offering. For further details or to arrange a viewing, please contact our office at your earliest convenience.
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