The Lanterns (Block of 6 Apartments), Ballure Road, Ramsey

Property Description

Please Note : The photos, details and floor plans are based on a typical one bedroom apartment in this newly developed block of six, namely number six, further details can be obtained by arranging a site visit through Cowley Groves.

Lounge (approx.  15’00 x 19’00)
A good size bright and spacious lounge area with high level vaulted ceilings and 8 high quality LED chrome downlighters.  2 white panelled radiators with thermostatic valves.  4 chrome double sockets.  1 chrome TV and sky socket.  Two large windows with stunning Sea Views over the Queens Pier.  Floors finished with high quality carpet.

Kitchen (approx.  8’5 x 6’00)
A beautifully finished modern kitchen with a range of white high gloss floor and wall units.  Stainless steel sink and drainer with hot and cold mixer tap.  4 ring Zanussi hob with electric oven and grill and Zanussi extract fan over.  4 chrome double sockets.  4 LEF chrome downlighters.  Floors finished with slate effect floor coverings.

Bedroom 1 (approx.  9’00 x 14’00)
A large double bedroom with high level vaulted ceilings.  4 chrome LED downlighters.  3 chrome double sockets.  Radiator with thermostatic valve.  Floors finished with carpets throughout.

Bathroom (approx.  9’00 x 13’00)
A beautifully finished bright Bathroom with a range of modern fixtures and fittings comprising of mains powered shower with full height shower screen and flush shower tray.  Modern square sink inset into a high gloss vanity unit with sliding drawers and backlit mirror over.  2 stainless steel towel radiators.  WC.  Mermaid board to ceilings.  Grey tiled floor coverings throughout.

Potential Yield

Apartment 1 – £750 / Month

Apartment 2 – £750 / Month

Apartment 3 – £650 / Month

Apartment 4- £650 / Month

Apartment 5 – £650 / Month

Apartment 6 – £650 / Month

Total Monthly Yield = £ 4100.00 / Month

Total Annual Yield = £49’200.00 / Annum



Apartment 1 – 2 Bedroom Basement Apartment

Apartment 2 – 2 Bedroom Ground Floor Apartment

Apartment 3 – 1 Bedroom Apartment

Apartment 4- 1 Bedroom Apartment

Apartment 5 – 1 Bedroom Apartment

Apartment 6 – 1 Bedroom Apartment

Travelling from Ramsey town centre proceed south along Waterloo Road onto Stanley Mount West and then onto Ballure Road. The Lanterns will be found on the right hand side a short distance after the right hand turn into Walpole Drive clerly identifiable by our For Sale Board.

Service Charge

Leasehold.  Active Management Company in place.

Mains water, electricity and drainage. Gas Fired Central Heating

Rates Payable £TBC

All offers and negotiations through the offices of Cowley Groves & Co. Ltd.

Vacant possession will be given on completion by arrangement.

Strictly by appointment through the Agents, Cowley Groves & Co. Ltd. 9 Parliament Street, Ramsey, IM8 1AS.

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