8 bed flat

The property is an end-terrace townhouse in Douglas, offering an excellent freehold investment opportunity with tenants in situ. The property has been converted into two self-contained flats, each with its own private entrance. Flat One has five bedrooms and two bathrooms, achieving a rental income of £1,350 per calendar month. Flat Two has three bedrooms and two bathrooms, achieving £935 per calendar month. The combined rental income is £2,285 per month, or £27,420 per year, equating to a gross yield of 7.5%. The property benefits from a convenient location, with easy access to town centre, schools, shops, and public transport links, as well as uPVC double glazing and gas heating.