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McGovern Estate Agents, Enniskillen in partnership with The Northern Ireland Property Auction.
Offered at bids over £55,000.
We are delighted to offer to the market this fantastic investment opportunity. The property comprises of a 1bed and 2bed modern self contained flats with rear access in the heart of Derrygonnelly Village, 10 minutes drive to Enniskillen.
The flats are well laid out and have the benefit of access to a large backyard.
This ready to go investment offers a double digit rental yield. The property does offer the opportunity as a starter home with income from the 2nd flat. Potential rental income of approx. £7,000 per annum.
Viewing Strictly by Appointment Only
To view or make a bid contact: McGovern Estate Agents, Enniskillen 028 6632 8282 or Northern Ireland Property Auction on 028 9560 8380, www.nipropertyauction.com.
Starting Bid and Reserve Price
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Unconditional Method of Auction, which is powered by IAM Sold.
This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.
The buyer is also required make a payment of a non-refundable, part payment 10% Contract Deposit to a minimum of £6,000.00
In addition to their Contract Deposit, the Buyer must pay an Administration Fee to the Auctioneer of 1.8% of the final agreed sale price including VAT, subject to a minimum of £2,400.00 including VAT for conducting the auction.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Energy Performance Certificate (EPCs)
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
Please contact us for more information about this property.
Area Price Tracker
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This section has been prepared by PropertyPal for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this section without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this section.
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Note: Data is compiled by PropertyPal using data from the official NI House Price Index publication, released by Land & Property Services in conjunction with the Northern Ireland Statistics and Research Agency, and supplemented with data collected by PropertyPal. The NI House Price Index can be accessed here.
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