Lot 16 - 2 and 4 Old Gilford Road, Portadown, Craigavon, County Armagh, BT63 5LS

  • Unconditional Online Auction Sale
  • Guide Price* : £140,000

Guide Price* : £140,000

Purpose built residential block

  • Two and three bedroom apartments
  • Ideal buy to let opportunity
  • Located on edge of town

Location

The property is located in Portadown, Co Armagh, which sits on The River Bann. The town is located approximately 24 miles (39 km) southwest of Belfast and is within Armagh, Banbridge & Craigavon Borough Council Area with a population of 22,000 at the 2011 Census.

The building is located on the Old Gilford Road at the junction with Gilford Road opposite Russwood Park in a residential area on the edge of the town centre.

Description

The property comprises a detached red brick development providing two self-contained apartments with a garden to the front and side with ample parking to the rear.

Internally the property provides a ground floor apartment with two bedrooms, lounge, bathroom and kitchen with dining room. The apartment is finished to a modern standard benefiting from double glazing and oil fired central heating. The duplex apartment is also self-contained providing two bedrooms, lounge, bathroom and kitchen/diner on the first floor with a third master en-suite bedroom on the top floor. Again, this apartment is finished to a similar standard as No 2.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - C75 and C76

Land and Property Services Rates Assessment

Capital Value: £85,000 - 2 Gilford Road
Capital Value: £110,000 - 4 Gilford Road
Rates payable for 2018/2019: £730 & £745 respectively

Accommodation

1 2 3 4 5
No. 2
Lounge 3.73 m x 4.36 m 12' 2" x 14' 3"
Kitchen/Diner 4.5 m x 3.29 m 14' 9" x 10' 9"
Bedroom 1 3.5 m x 4.09 m 11' 5" x 13' 5"
Bedroom 2 3.48 m x 3.5 m 11' 5" x 11' 5"
Bathroom 2.95 m x 2.42 m 9' 8" x 7' 11"
No. 4
Lounge 4.26 m x 4.12 m 13' 11" x 13' 6"
Bathroom 2.95 m x 2.43 m 9' 8" x 7' 11"
Kitchen/Diner 4.88 m x 4.27 m 16' x 14'
Bedroom 1 3.38 m x 3.73 m 11' 1" x 12' 2"
Bedroom 2 2.91 m x 3.73 m 9' 6" x 12' 2"
Master En-Suite 3 5.46 m x 4.46 m 17' 11" x 14' 7"

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Security Deposit

£3,800

Buyer's Administration Fee

£1,200

Guide Price*

£140,000

Vendors Solicitor

Brian F Walker, Walker McDonald Solicitors, 2-6 Edward Street, Portadown, Co Armagh, BT62 3LX
028 3833 1086

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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.