Lot 03 - 82 Elmvale, Londonderry, County Londonderry, BT48 8SJ

  • Unconditional Online Auction Sale
  • Guide Price* : £110,000

Guide Price* : £110,000

Semi detached house

  • Ideal buy to let opportunity
  • Current gross income £6,784 per annum
  • Sold subject to existing tenancy

Location

Derry is the second largest city in Northern Ireland with a district council population of 107,877 (2011 Census). The city is located in the northwest of the province on the River Foyle approximately 70 miles from Belfast, 30 miles west of Coleraine and 33 miles north of Omagh. The city acts as the main economic and cultural hub serving the northwest region and neighbouring Co Donegal. The house is located in Elmvale just off Culmore Road in the Waterside area approximately 5 miles north of the city centre. The property is in close proximity to shops, schools and benefits from a wide range of local amenities that are provided nearby.

Description

The property comprises a modern two storey semi detached house with painted and exposed brick render finish covered with a pitched tile roof. Parking is provided to the front with gardens to the front and rear. Internally the house is finished to a high standard throughout benefiting from double glazing and oil fired central heating.

Tenancy

We are advised that the current annual income is £6,784.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - D59.

Land and Property Services Rates Assessment

Capital Value: £115,000
Rates payable for 2018/2019: £1,041

Accommodation

1 2 3 4 5
Ground floor
Kitchen 5.95 x 3.26 m (19'6" x 10'8")
Living room 5.42 x 4.85 m (17'9" x 15'11")
WC 1.87 x 0.88 m (6'2" x 2'11")
First floor
Bedroom 1 2.86 x 2.68 m (9'5" x 8'10")
Bedroom 2 3.16 x 3.25 m (10'4" x 10'8")
Bedroom 3 4.4 x 3.0 m (14'5" x 9'10")
Bathroom 2.8 x 2.7 m (9'2" x 8'10")

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Security Deposit

£3,800

Buyer's Administration Fee

£1,200

Guide Price*

£110,000

Vendors Solicitor

Cary Geraghty, Arthur Cox, Victoria House, 15-17 Gloucester Street, Belfast, BT1 4LS
028 9023 0007

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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.