Newly Refurbished Apartment
Ground Floor Position
Floor Area Exceeding 1100 sq ft
Large Lounge and Dining Area
Newly Fitted Kitchen
2 Double Bedrooms (1 Ensuite)
Single Garage
Amazing Views Across Golf Course to Bradda Head
Sitting Tenant in Place Till October 2023
5.6% Gross Yield
SUMMARY For Sale to Investors – Beautiful newly refurbished ground floor apartment with fantastic views across the first fairway at Rowany golf club to Bradda Head with a sitting tenant in place till October 2023 . The property comprises a large lounge, newly fitted modern kitchen, dining area, two double bedrooms with one ensuite shower room, bathroom and a single garage. It is well positioned for easy access to the amenities of Port Erin with the beach nearby and the availability of a wide range of coastal paths. Current rent £14,400 per annum, yielding gross 5.6%. Management Fees £800 per annum.
FEATURES Newly Refurbished Apartment
Ground Floor Position
Floor Area Exceeding 1100 sq ft
Large Lounge and Dining Area
Newly Fitted Kitchen
2 Double Bedrooms (1 Ensuite)
Single Garage
Sitting Tenant in Place Till Otober 2023
Rental Income £14,400 Per Annum
Gross Yield 5.6%
DETAILS FOR SALE TO INVESTORS ONLY – SITTING TENANT IN PLACE UNTIL OCT 2023. GROSS YIELD 5.6% – Beautiful newly refurbished ground floor apartment in walk-in condition with fantastic views across the first fairway at Rowany golf club to Bradda Head. The property extends to just over 1100 sq ft and comprises a large lounge, newly fitted modern kitchen, dining area, two double bedrooms with one ensuite shower room, bathroom and a single garage. It is well positioned for easy access to the amenities of Port Erin with the beach nearby and the availability of a wide range of coastal paths.
The building is entered by crossing manicured front garden grounds into a pleasant and well maintained communal area with tiled flooring and stairs leading to the upper floor. A further door provides access to the rear gardens and garage block, where this property has a single garage with an electric up and over door, light, power and water tap.
On entering the apartment the wide hallway provides access to the lounge, both bedrooms and the bathroom as well as a cloak cupboard and large airing cupboard.
The carpeted lounge is large and features a picture uPVC double glazed window framing the view across the golf course to Milner Tower at Bradda Head. A door provides access into the dining area which opens into a newly fitted kitchen with integrated oven, grill, hob, microwave and extractor hood. It is formed of contemporary white gloss upper and lower storage units with a contrasting dark work surface above. Beneath the upper storage units are downlighters and tiled splashback areas. The sink is of composite material and plumbing is in place for a washing machine/dryer. The flooring is of wood pattern laminate and runs through to the dining area.
Both bedrooms are carpeted and are good double sized rooms with fitted wardrobes containing shelves and hanging rails. They also have distant sea views. The master bedroom has an ensuite shower room with walk in shower cubicle and curtain rail, pedestal wash hand basin and WC. There is also an airing cupboard which houses the Vaillant gas central heating boiler.
The bathroom comprises a panel bath with a shower attachment, wash hand basin with vanity cabinet beneath and a WC. There is a ladder-type heated towel rail and two walls are tiled to ceiling height.
The property is maintained by an appointed Management Company. Management fees are £200 per quarter. The property is Leasehold on a 125 year term which commenced in 1981. Pets are not permitted.
DIRECTIONS Travelling through Port Erin along Station Road, continue to the end and follow the road to the right onto The Promenade and continue for 300m where the entrance to Rowany Drive is on the right side. Turn into Rowany Drive. Fairways Court is towards the end on the right side and is marked by our ‘Buy Me’ board.
FURTHER INFORMATION For more details, to make an appointment to view or to make an offer to purchase this property, contact Bruce Cobburn on bruce@plumproperties.im or call 07624 202823.
SEE LESS DETAILS
