44, Demesne Road, Douglas
- PROPERTY TYPE
Flat
- BEDROOMS
8
- BATHROOMS
4
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Convenient Douglas location close to town centre and amenities
- End-terrace property converted into two self-contained flats
- Each flat has their own private entrance
- Freehold investment property
- Tenants in situ providing immediate income
- Flat one: five bedrooms, two bathrooms
- Flat two: three bedrooms, two bathrooms
- Total rental income: £2,285 PCM / £27,420 per annum
- Approx. 7.5% gross yield
- Cash buyers only
Description
Positioned in a convenient and well-established residential area of Douglas, this end-terrace property presents an excellent freehold investment opportunity, offered with tenants in situ and producing an immediate rental income from two separate duplex flats.
The property has been converted into two self-contained flats, each with its own private entrance, creating a well-structured investment with established rental returns.
Flat One offers generous accommodation comprising five bedrooms and two bathrooms, currently achieving a rental income of £1,350 per calendar month.
Flat Two comprises three bedrooms and two bathrooms, and is currently let at £935 per calendar month.
Combined, the property generates a total rental income of £2,285 per month, equating to £27,420 per annum. This epresents an attractive gross yield of approximately 7.5%.
Situated on Demesne Road, the property is within easy reach of Douglas town centre, local schools, shops and public transport links. Douglas Promenade, the business district and a wide range of amenities are all within walking distance, supporting strong and consistent tenant demand in the area.
The property is offered freehold, with the benefit of tenants already in place, allowing for immediate income from completion.
Due to the nature of the property, the sale is open to cash buyers only.
This is a strong opportunity to acquire a centrally located, income-producing freehold investment with an attractive yield in one of Douglas’ most convenient residential locations.
Inclusions All fitted floor coverings, blinds, and light fittings
Appliances Oven and 4 ring hob, fridge freezer, dishwasher, washing machine
Tenure Freehold
Rates Treasury tel - and Douglas Borough tel -
Heating Gas
Windows uPVC double glazing
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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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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Energy performance certificate - ask agent
44, Demesne Road, Douglas
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Visit our security centre to find out moreDisclaimer - Property reference 7200. 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 Garforth Gray, 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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