51 Victoria Street, Douglas,
Isle of Man IM1 2LD
Tel: 01624 645550 Fax: 01624 645556
[email protected]
FOR SALE
RESIDENTIAL INVESTMENT
48 Albany Road
Douglas
Comprises:
3 Apartments – Fully Let
3 Car Park Spaces at rear
Current Rental Income: £27,900 per annum
Price: £399,950 exclusive
DESCRIPTION
A good opportunity to purchase this exceptional investment property located in this sought after
area of upper Douglas. The property comprises of three apartments, two of which are two
bedroomed with the top apartment being one bedroom. The property is fully uPVC double
glazed and is served by gas central heating, with each apartment having its own boiler.
Apartments 2 & 3 benefit from lovely rural views to the rear. All apartments are fully furnished.
There is a tidy paved garden area to the front of the property and ample parking for three cars to
the rear – there is a water tap and also an outdoor electricity socket in the parking area.
LOCATION
Travelling along Peel Road, turn right at The Quarterbridge onto Quarterbridge Road and take
the first right onto Alexander Drive. Drive past the turning to Woodlands Avenue and take the
next left onto Albany Road. The property can be found on the left hand side clearly displaying
our For Sale board.
ACCOMMODATION
Gated entrance and paved path to;
Apartment 1 – (£750 pcm) £9,000 pa on an annual lease from 26/08/16
Entrance porch, open plan lounge and dining area, gas fired wall heater
Utility room with washing machine and dryer
Bedroom 1 – fitted with mirrored wardrobes
Shower Room - newly refurbished including new suite
Kitchen – newly refurbished including white gloss kitchen units, electric oven, gas hob,
integrated fridge freezer and dishwasher, spotlights
Bedroom 2 – (housing boiler)
Store Cupboard
Over/..
These particulars, although believed to be correct, do not form part of an offer or a contract and they are not intended to form any representation of fact. Black
Grace Cowley Ltd cannot accept any liability for any errors in the particulars stated, and a prospective purchaser should rely upon his own enquiries and
inspection.
Geoffrey P R Black BSc FRICS Mark N Grace BSc MRICS Tim Groves BA (Hons) MRICS CPEA
www.blackgracecowley.com
External concrete staircase to;
Apartment 2 – (Owner occupied. Leaseback available at £900 pcm on a 2 year lease).
Entrance hallway, open plan lounge and dining area
Utility room with washing machine and dryer.
Bathroom with over bath shower
Steps down to;
Storage area
Bedroom 1
Bedroom 2
Kitchen with Solid Oak wall and base units, sink/drainer, gas cooker, dishwasher, integrated
coffee maker, microwave, American fridge freezer, dual fuel range, access ladder to storage,
plinth lights.
External concrete staircase to;
Apartment 3 – (£675 pcm) £8,100 pa on an annual lease from 07/10/16
Benefitting from small balcony area
Entrance hallway, open plan lounge and dining area
Kitchen – newly refurbished to include new gloss units, sink/drainer, new combination boiler,
electric oven, gas hob, dishwasher, fridge freezer
Utility room with washing machine and dryer
Large bedroom
Newly refurbished shower room (walk-in shower), sink, WC
OUTSIDE
Attractive paved garden area to front. Side lane leading to the rear of the property which
benefits from parking for up to three cars and an outside water and electricity supply.
SERVICES
All mains services are connected.
LEGAL COSTS
Each party to bear their own legal costs.
VIEWING
Further details and viewing arrangements strictly by appointment through the Agents, Black
Grace Cowley.