Lot 06 - 90 Prehen Park, Londonderry, County Londonderry, BT47 2PB

  • Unconditional Online Auction Sale
  • Guide Price* : £75,000

Guide Price* : £75,000

Three bedroom detached bungalow

  • Ideal buy to let opportunity
  • Current gross income £3,181.36
  • Established residential area

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 Prehen Park just off the main Victoria Road (A2) in the Waterside area approximately 2 miles (3.2 km) south 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 house comprises a detached bungalow of traditional construction with painted render finish and pitched roof covered with concrete tiles. The property benefits from a driveway and parking to the front and side with and enclosed garden to the rear. The house provides a kitchen, living room, bathroom and three bedrooms (one en suite) and benefits from uPVC windows and oil fired central heating.

Tenancy

Current gross income £3,181.36.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack EPC - F22.

Land and Property Services Rates Assessment

Capital Value: £105,000
Rates payable for 2018/2019: £950

Accommodation

1 2 3 4 5
Ground floor
Kitchen 2.55 x 2.99 m (8'4" x 9'10")
Bathroom 3.34 x 2.0 m (10'11" x 6'7")
Bedroom 1 3.11 x 3.02 m (10'2" x 9'11")
Bedroom 2 3.65 x 2.67 m (11'12" x 8'9")
Bedroom 3 2.47 x 3.05 m (8'1" x 10")
First floor
Living room 3.66 x 4.49 m (12' x 14'9")

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Security Deposit

£3,800

Buyer's Administration Fee

£1,200

Guide Price*

£75,000

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.