Lot 11 - 3 Bonds Hill, Londonderry, County Londonderry, BT47 6DW

  • Unconditional Online Auction Sale
  • Guide Price* : £57,500

Guide Price* : £57,500

Three bedroom mid terrace

  • Ideal buy to let opportunity
  • Current gross income £3,600 per annum
  • 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 on Bonds Hill in the Waterside area approximately 1 mile (1.6 km) east of the city centre adjacent to Browns Restaurant. 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 dash render finish covered with a pitched slate roof. Internally the house provides a kitchen and living room on the ground floor with three bedrooms and bathroom on the first floor. The property benefits from oil fired central heating.

Tenancy

We have been advised the monthly rent is £300 per annum.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - E43

Land and Property Services Rates Assessment

Capital Value: £75,000
Rates payable for 2018/2019: £679

Accommodation

1 2 3 4 5
Ground floor
Living room 6.06 x 3.0 m (19'11" x 9'10")
Kitchen 4.07 x 2.69 m (13'4" x 8'10")
Washroom 0.82 x 0.97 m (2'8" x 3'2")
First floor
Boiler room 0.8 x 0.71 m (2'7" x 2'4")
Bedroom 1 4.0 x 2.94 m (13'1" x 9'8")
Bedroom 2 2.32 x 2.96 m (7'7" x 9'9")
Bedroom 3 2.67 x 3.25 m (8'9" x 10'8")
Bathroom (bath and shower) 3.3 x 2.32 m (10'10" x 7'7")

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Security Deposit

£3,800

Buyer's Administration Fee

£1,200

Guide Price*

£57,500

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.