Property

Purpose built ground floor studio apartment situated in a prime position for Douglas’ town centre, promenade & beach. Private terrace. Secure underground parking space. Vacant possession.

Accommodation

Ground Floor

Communal Entrance Hallway

Apartment 27

• Private Entrance Hallway (approx. 11’7 x 3’9): Storage cupboard
• Utility Cupboard (approx. 5’5 x 2’4): Houses the Megaflo hot water tank, washing machine and fuse box.
• Studio Area (Lounge/Bedroom) (approx. 14’9 max x 9’7)
• Kitchen (approx. 7’1 x 5’4)
• Bathroom (approx. 7’2 x 4’8)

Outside

Secure underground allocated parking space for one vehicle, number 160. Well maintained central communal courtyard area.

Tenure

Leasehold. Remainder of a 999 year lease.

Management Company

There is an active management company in place with the current charge set at £1,295.00 Per Annum for the financial year 1st January 2026 to 31st December 2026. Ground rent charge of £292.18 for the financial year 12th November 2025 to 11th November 2026.

Rates

Isle of Man Treasury: £340.32

Douglas City Council: £361.20

Total: £701.52 (2025/26).

Directions

Travelling north along Douglas Promenade in the direction of Onchan continue through the Broadway traffic lights. Continue on for approximately quarter of a mile where Spectrum Apartments can found on the left hand side just after the Empress Hotel.