Looking for your next investment property in the heart of Douglas? This 5-bedroom terraced house, priced at £140,000, offers significant potential with approved planning permission for conversion into two separate living areas.

Property Details:

5 Bedrooms in total
Spacious living room, kitchen, utility room
Separate bathroom and toilet
Currently a single residential unit, requiring modernisation throughout

Approved Planning Permission:

Planning Reference Number: 24/91006/B
Expiry Date: November 2028
Conversion into two separate living areas:

Ground floor: One-bedroom space
Second & third floors: Two-bedroom space

A balcony is included at the rear for the second-floor living area as per planning.
Small yard to the rear, plus adjacent land on a bank behind the property

While the property does require modernisation, it offers a fantastic opportunity to add value through renovation and transformation. Located in a prime area of Douglas City Center, it’s ideal for creating rental units or multi-generational living spaces, with strong demand for centrally located homes.

Why Consider This Property?

Strong rental potential in a sought-after location
Planning permission already in place to maximise the space
Additional outdoor space.
Modernisation opportunity to add value and enhance rental returns

Interested? Contact us for more details or to arrange a viewing. Don’t miss this fantastic opportunity to invest in a property with great potential!