Gauging Interest: Investment Opportunity in Douglas City Centre – 5 Bedroom Terraced House with Approved Planning Permission! £ 140,000 or Best Offer

Looking for your next investment property in the heart of Douglas? This 5-bedroom terraced house, priced at £140,000, offers significant potential with approved planning permission for conversion into two separate living areas.

Property Details:

• 5 Bedrooms in total


• Spacious living room, kitchen, utility room


• Separate bathroom and toilet


• Currently a single residential unit, requiring modernisation throughout

Approved Planning Permission:

• Planning Reference Number: 24/91006/B


• Expiry Date: November 2028


• Conversion into two separate living areas:




• Ground floor: One-bedroom space


• Second & third floors: Two-bedroom space




• A balcony is included at the rear for the second-floor living area as per planning.


• Small yard to the rear, plus adjacent land on a bank behind the property

While the property does require modernisation, it offers a fantastic opportunity to add value through renovation and transformation. Located in a prime area of Douglas City Center, it’s ideal for creating rental units or multi-generational living spaces, with strong demand for centrally located homes.

Why Consider This Property?

• Strong rental potential in a sought-after location


• Planning permission already in place to maximise the space


• Additional outdoor space.


• Modernisation opportunity to add value and enhance rental returns

Interested? Contact us for more details or to arrange a viewing. Don’t miss this fantastic opportunity to invest in a property with great potential!