Lot 10 - 34 Fountain Hill, Londonderry, County Londonderry, BT47 2BP

  • Unconditional Online Auction Sale
  • Guide Price* : £50,000

Guide Price* : £50,000

Two bedroom mid terrace house

  • Ideal buy to let opportunity
  • Potential gross income £4,800 per annum
  • Sold with the benefit of vacant possession

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 on Fountain Hill in the Waterside area approximately 1 mile (1.6 km) south east 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 mid terrace two storey house with rear yard. The house is of traditional construction with a painted rendered finish and covered with a pitched slate roof. Internally the house provides a kitchen, living room and bathroom on the ground floor and two bedrooms on the first floor.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - F34

Land and Property Services Rates Assessment

Capital Value: £67,500
Rates payable for 2018/2019: £611

Accommodation

1 2 3 4 5
Ground floor
Kitchen 6.41 x 3.75 m (21' x 12'4")
Living room 4.49 x 2.27 m (14'9" x 7'5")
Bathroom 2.0 x 2.4 m (6'7" x 7'10")
First floor
Bedroom 1 4.87 x 3.16 m (15'12" x 10'4")
Bedroom 2 2.85 x 3.0 m (9'4" x 9'10")

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Security Deposit

£3,800

Buyer's Administration Fee

£1,200

Guide Price*

£50,000

Vendors Solicitor

Ciara Christie, AL Goodbody, 42-46 Fountain St, Belfast, BT1 5EB
028 9031 4466

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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.