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COMMERCIAL

Commercial property for sale

The Water's Edge, Central Promenade, IM2 4LJ

Offers Over
£645,000
Partners Real Estate, Isle of Man
PROPERTY TYPE

Commercial Property

BEDROOMS

11

BATHROOMS

11

SIZE

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Key features

  • 9x Double en-suite bedrooms
  • 1x Single bedroom with separate shower room
  • 1x One-bed flat
  • 2x Shared kitchens
  • Laundry room
  • Boiler room
  • Store room
  • Oil central heating system; Worcester Bosch boiler and Megaflo pressurised water cylinder

Description

The Waters Edge – Prime Licensed HMO Seafront Property on Central Promenade

A rare opportunity to acquire a well-presented and spacious HMO ideally located on the sought-after central promenade. The Waters Edge comprises 10 generously sized letting rooms, 6 of which boast uninterrupted sea views. Nine rooms benefit from en-suite facilities, with one additional room served by a private external bathroom. There is also self-contained one bedroom flat situated on the ground floor also with sea views.

The property features a well-equipped kitchen/diner on the ground floor and a larger kitchen/diner/lounge on the first floor, offering flexible communal space. With its prime location, sea views, and potential for continued use as HMO accommodation or conversion (subject to necessary consents), this property presents an excellent investment opportunity generating 15% gross yield.

The Water's Edge, Central Promenade, IM2 4LJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bangor, Northern Ireland Station59.3 miles
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About Partners Real Estate, Isle of Man

64 Duke Street, Douglas, Isle of Man IM1 2AR

At Partners Real Estate, we're reshaping how you buy, sell, or rent on the Isle of Man. Local expertise, global perspective and always centred on you. It starts with listening. We keep it clear and honest, so you always know where you stand. Real relationships, real results - that's our promise. We are committed to showcasing your home in its best light, with professional photography and videography. More than a service. A true partnership.

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Disclaimer - Property reference 3269becc-c5ee-48f0-b7f8-f84a77455363. 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 Partners Real Estate, 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.

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