Flat 4, 12 Derby Road, Douglas

Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 1

Agent: Garforth Gray - Isle of Man Phone: 020 8033 7855

<p>This third-floor converted flat offers a fantastic opportunity for first-time buyers or investors, ideally located in a central and convenient area of Douglas. Within easy walking distance of the city centre and promenade, the property enjoys close proximity to a wide range of amenities including shops, schools, and bus routes.</p><br/><p>The accommodation is bright and airy throughout, comprising an open-plan living and kitchen area, two bedrooms, and a bathroom, providing comfortable and practical living space.</p><br/><p>PLEASE NOTE: This property is offered for sale subject to the existing tenancy agreement ending 18th September 2026. The current rental income is set at £900.00 per calendar month.</p><p><strong>Inclusions</strong> All fitted floor coverings, blinds, curtains and light fittings</p><br/><p><strong>Appliances</strong> All integrated </p><br/><p><strong>Tenure</strong> 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 and £50.00 ground rent. The sale is subject to the existing tenancy agreement ending 18th September 2026. The current rental income is set at £900.00 per calendar month.</p><br/><p><strong>Rates</strong> Treasury tel[use Contact Agent Button] or Douglas Borough tel[use Contact Agent Button]</p><br/><p><strong>Heating</strong> Gas</p><br/><p><strong>Windows</strong> uPVC double glazed</p>