Lot 16 - Ground Rent Investment Portfolio Donaghadee, Belfast, Crawfordsburn, Bangor, County Down, BT19 6DF

  • Unconditional Online Auction Sale
  • Guide Price* : £310,000

Guide Price* : £310,000

Residential Ground Rent Investment Portfolio

  • Gross Rental Income £39,850 per annum
  • To Be Sold As One Lot
  • North Down and Belfast

Location

The portfolio is primarily located in North Down to include the towns of Donaghadee, Crawfordsburn, Bangor areas as well Belfast.

Description

The portfolio comprises a selection of ground rent investments of primarily resdiential and some commercial incomes.

Tenancy

Please refer to Title Pack

VAT

All figures quoted are exclusive of and may therefore be liable to VAT.

Title

Please refer to vendor’s solicitor for Title Pack or download from the OK Auction website (www.osborneking.com/online-auctions).

Accommodation

1 2 3 4 5
Ground Rent Investment Portfolio
Address Gross Rental Income
Alandale, Bangor, Co Down, BT19 6DF £800
Marquis Manor, Bangor, Co Down, BT20 3PJ £11,900
Parkgate, Belfast, Co Down, BT4 1JA £2,600
Sandringham Court, Bangor, Co Down, BT20 5JE £2,250
Sharman Court, Crawfordsburn, Co Down, BT19 1XN £9,250
Sheridan, Groomsport Road, Bangor, Co Down, BT20 5NS £600
South Studios, Belfast, Co Antrim, BT9 7BY £9,600
The Links, Donaghadee, Co Down, BT21 0QS £1,800
2 Seahill Ridge, Donaghadee, Co Down, BT21 0SJ £200
10 Millbank Court, Bangor, Co Down, BT22 2FA £200
3, 16 and 28 Breckenridge, Donaghadee, Co Down, BT21 0QJ £450
32 Lansdowne Road, Belfast, Co Antrim, BT15 4AA £100
23 Lansdowne Road, Belfast, Co Antrim, BT15 4DB £100
Total £39,850

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Security Deposit

£10,000

Buyer's Administration Fee

£1,200

Guide Price*

£310,000

Vendors Solicitor

Chi Ting Yip, Wilson Nesbitt Solicitors, 36 Alfred Street, Belfast, BT2 8EP
028 9032 3864

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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.