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37 Victoria Street
Douglas
Isle of Man
IM1 2LF
ISLE OF MAN
Asking Price £499,950
20 Bedroom House - Terraced
- EXPANSIVE 16 BEDROOM TERRACED PROPERTY WITH SUBSTANTIAL SPACE AND FLEXIBLE LAYOUT
- APPROVED PLANNING PERMISSION FOR CONVERSION INTO A BLOCK OF MODERN APARTMENTS
- INCLUDES SEPARATE OWNER'S ACCOMMODATION FOR ADDED PRIVACY AND ON SITE LIVING
- LOWER GROUND FLOOR SELF CONTAINED APARTMENT FOR ADDITIONAL RENTAL INCOME POTENTIAL OR FAMIILY USE
- IDEAL FOR INVESTMENT FOR DEVELOPERS, INVESTORS, OR AMBITIOUS HOMEOWNERS LOOKING FOR A HIGH YIELD OPPORTUNITY
Presenting a unique opportunity to acquire a substantial terraced property, offering an impressive 16 bedrooms. This expansive property, ideal for a range of uses, currently includes a self-contained lower-ground-floor apartment and separate owners’ accommodation, catering to multi-functional residential needs. With space and versatility, this property is perfectly suited for an investor seeking a significant residential development or an ambitious homeowner with vision.
Situated in a desirable location, this property is brimming with potential, especially given its approved planning permission for a block of apartments. This is an ideal prospect for conversion, with substantial space to create multiple modern living units while retaining the character of this substantial building.
The separate owners' accommodation provides a convenient, private living space, distinct from the rest of the building. This setup would be ideal for a manager, live-in landlord, or anyone seeking on-site living arrangements with privacy. The property’s lower ground-floor, self-contained apartment further adds to the layout's versatility, offering additional rental income potential or a space for extended family members.
With its 16-bedroom layout, ample space, and existing planning permissions, this property is a fantastic opportunity for developers, investors, or those looking to establish a unique residential or mixed-use property.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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