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5 Mona Drive, Douglas, IM2 4LG

Reference: DDP05980

 

£550,000

  • 20
  • 6
  • 6
Overview

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.

Explore the potential to maximize returns or craft a custom living space in this expansive property—an ideal setting for either high-yielding rental units or an ambitious private residence.

Details
Maps
Street View
Floor Plans
Service & Rates

All Mains Services are Connected 

Gas Fired Central Heating 

Rates TBC 


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Key Features

Type of property: House, Terraced, Block of Apartments
Expansive 16-bedroom terraced property with substantial space and flexible layout

Approved planning permission for conversion into a block of modern apartments

Includes separate owners' accommodation for added privacy and on-site living

Lower-ground-floor, self-contained apartment for additional rental income potential or family use

Ideal investment for developers, investors, or ambitious homeowners looking for a high-yield opportunity

  • Douglas Office

    Residential Sales

    +44 (0)1624 620606

    Residential Rentals:

    +44 (0)1624 611007 Option 1

    Commercial Sales and Lettings:

    +44 (0)1624 611007

  • Castletown Office

    Residential Sales

    +44 (0)1624 825995

    Residential Rentals:

    +44 (0)1624 823922

    Commercial Sales and Lettings:

    +44 (0)1624 611007

  • Ramsey Office

    Residential Sales

    +44 (0) 1624 816111

    Residential Rentals:

    +44 (0)1624 816111

    Commercial Sales and Lettings:

    +44 (0)1624 611007

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