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4 Clifton Terrace, Douglas

Key features

  • Investment opportunity
  • Six fully tenanted self-contained apartments
  • Potential for rent growth
  • Annual rental income: £49,980
  • Recently refurbished

Description

An opportunity has arisen to acquire a freehold residential investment in the heart of Douglas, offering six self-contained apartments, all of which are currently tenanted. Perfectly located close to the city centre, shops, and local amenities, this property combines convenience with strong rental potential.At present, the investment generates an annual rental income of £49,980. Beyond the immediate income, there is considerable potential for future rental growth, providing an attractive gross yield that makes this property a compelling prospect for investors seeking reliable returns.The property has recently undergone significant improvements, including the installation of a new roof, refurbishment of the back annexe roof in 2024, and a freshly painted exterior and communal areas, Flats 2 and 3 fully refurbished in 2025, ensuring it is both well-maintained and visually appealing.

Brochures

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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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4 Clifton Terrace, Douglas

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About Chrystals, Isle of Man

31 Victoria Street, Douglas Isle of Man IM1 2SE

Chrystals - a name that has meant "Property" on the Isle of Man for over 165 years - founded in 1854 and owned and run for generations by Chartered Surveyors - we are proud of our heritage and excited about our future.

With 2 prominent high street offices, a top performing website and social media presence, www.chrystals.co.im is the place to find, sell and rent all types of Isle of Man property.

We are a firm who innovates and evolves whilst always maintaining core values of personal service, professionalism and integrity - trust our friendly experienced team with all your property requirements.

We are Isle of Man Registered Estate Agents, Regulated by the RICS and are RICS Registered Valuers.

Your mortgage

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£3,019
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Disclaimer - Property reference 12742058. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Chrystals, Isle of Man. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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