2 bed Flat For Sale £179,000
Apartment 11, 22 Hampton Villas, Douglas

Investment opportunity - currently tenanted at £975 PCM till end of June 2024 with 3 months notice period (currently achieving 6.5% gross yield)

Unlock a promising investment opportunity with this contemporary first-floor purpose-built apartment, strategically positioned in a popular residential area. Currently, this property is a lucrative venture, tenanted at £975 per calendar month until the end of June 2024, providing a stable income stream with a three-month notice period. The property is currently achieving 6.5% gross yield.  

Nestled in a convenient cul-de-sac, this apartment enjoys proximity to local schools, shops, and a bus route, making it an attractive option for tenants seeking ease and accessibility. The neighborhood's charm is complemented by the presence of a nearby children's play park, enhancing its appeal for families.

Step inside to discover spacious, light-filled interiors that create a welcoming atmosphere. The dual-aspect living/dining room offers versatility and a sense of openness, while the stylish fitted modern kitchen adds a touch of contemporary flair to the property.

The apartment comprises two well-appointed bedrooms, ensuring comfortable living arrangements. A modern bathroom completes the accommodation, providing convenience and functionality.

Residents benefit from communal parking, simplifying daily life and ensuring a hassle-free experience. Whether you're a seasoned investor or exploring the potential of property investment, this tenanted modern apartment stands as a prime opportunity to secure a valuable asset in a sought-after location.

Seize the chance to add this income-generating property to your portfolio and capitalize on the appeal of modern living in a thriving residential community.

Inclusions All fitted floor coverings, curtains, blinds and light fittings

Appliances Electric oven, 4-ring hob, fridge freezer and washer dryer

Tenure Leasehold - held on the remainder of a 999 year lease with a management company in place which has set the current management fees at approximately £1200.00 per annum including ground rent

Rates Treasury tel -[use Contact Agent Button] or Douglas Borough tel -[use Contact Agent Button]

Heating Gas

Windows uPVC double glazing