POA Sold
  • Great investment opportunity to purchase a block of apartments.
  • Comprises 4 two bedroom apartments.
  • Currently generating an annual income in excess of £70,000.
  • Situated in a prime seaside location in the north of the island, enjoying fabulous views over a bay.
  • Currently has 3 different planning approved schemes to further increase potential of the site.
  • The site has parking for all, gardens for ground floor apartments and a large pond.

Chateaux Estates are very pleased to offer this wonderful investment opportunity to the market as sole agents. The property is in a prime sea front location in the north of the islands and offers stunning views over the adjacent bay. The building currently comprises 4 two bedroom apartments that range between (580sq.ft & 800sq.ft) over two floors. The site has parking, gardens for apartments on the ground floor and a large pond. All the apartments are on new 1 year leases which generates an income in excess of £70,000 per annum. There is also plenty of scope on the site with various planning permissions granted and there are 3 currently approved alternative schemes (available upon request). For further information please contact one of the team at Chateaux on 244544.TRP: Tbc

APARTMENT 1
Ground floor apartment with own entrance and comprises 2 double bedrooms, bathroom, kitchen and lounge/diner. Private garden. Parking for 2 cars.

APARTMENT 2
Ground floor apartment with own entrance and comprises 2 double bedrooms, bathroom, kitchen/diner and lounge. Private garden. Parking for 2 cars.

APARTMENT 3
First floor apartment with shared entrance with apartment 4 and comprises 2 double bedrooms, bathroom, lounge/diner and kitchen. Parking for 2 cars.

APARTMENT 4
First floor apartment with shared entrance with apartment 3 and comprises 2 double bedrooms, shower room, lounge/diner and kitchen. Parking for 2 cars.

EXTERIOR
The whole site approximately measures 1700sq.m with gardens for apartments 1&2, parking for all apartments, communal patio area, large pond and driveway.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Floor Plan