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Property Link (Derry)

Property Link (Derry)

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Key Information

Price Offers over £139,950
Style Investment Property
Status For sale

Location

This agent has listed the accuracy as: Exactly Right

Features

  • Investment opportunity: Low maintenance property generating rental income
  • Laid out in 3 apartments (Subject to local authority approval)
  • Expected rental income: £15,600 per year
  • Refurbished to a very high standard
  • Registered as HMO – Licence until September 2020
  • Fire alarm system – smoke detectors, break glass, Fire doors
  • Gas Heating
  • Double Glazing
  • Currently Tenanted and generating income

Additional Information

Fantastic Investment Opportunity


This 3 storey property is currently split in to three modern apartments (subject to local authority approval), generating approximately £15,600 per year in rental income.


GROUND FLOOR APARTMENT
The ground floor apartment comprises separate living room, kitchen, bathroom and bedroom. It is currently occupied and rented at £100 per week, £5,200 per year.
FIRST FLOOR APARTMENT
This first floor apartment also comprises a separate living room, kitchen, bedroom and bathroom. It is currently occupied and rented at £100 per week, £5,200 per year.
SECOND FLOOR APARTMENT
This first floor apartment comprises an open plan kitchen/ living room, bedroom and bathroom. It is currently occupied and rented at £100 per week, £5,200 per year.


All three of the apartments are very well managed and maintained. The accommodation is popular with tenants as they are clean and boast brightness and colour throughout. The apartments are finished to a high standard and all have been fitted with LPG gas heating.

The building meets all House of Multiple Occupancy (HMO) regulations. It was first registered in 2010 and is currently licensed until September 2020.


LOCATION


The property is situated on the outskirts of Rosemount. It is a lovely street in a quiet area, just a 10 minute walk to the city centre. It is convenient to a number of shops and businesses, ranging from newsagents, bakeries, bars, restaurants, takeaways, pharmacies and hair salons. Another place of note is Brook Park, which is just adjacent to the property. It is a lovely public area just recently refurbished with sports facilities, a leisure centre and cafe overlooking the green. The University of Ulster and The North West Regional College are also just within 5 – 10 minutes walking distance.

ACCOMMODATION


Enter to a shared hallway, with access to fire alarm system and extinguishers, leads to the entrance to the ground floor apartment and stairs to first and second floor apartments.

Ground floor apartment (1). Door opens into a bright spacious living room. Leading off to the left of the living room is a bedroom facing the front of the property. The floor is carpeted in both rooms. Right from the living room to the rear of the property is a modern kitchen, leading on through to a bright shower room.


The first floor apartment (2) has an entrance to a carpeted hallway with three separate doors. Both the living room and kitchen are situated to the front of the property overlooking onto the street. To the right is a door leading to the large double bedroom, which also leads to the bathroom via a small staircase.


To the top of the building enter to the second floor apartment (3). This is a colourful and quirky split level apartment. The bathroom is directly opposite the flat door with a small staircase to the spacious bedroom and front facing modern yet cosy kitchen/living area.

For the most part, the apartments have carpeted flooring throughout. The kitchen areas are all tiled floors with beech effect units, granite effect work tops, a glass top electric cooker with 4 rings and an oven, and fridge/freezer and washing machine. The bathrooms are bright, white and well sealed and are also complete with electric shower, wash hand basin/sink and W/C.


The building was fully refurbished in 2010, fully rewired, re-plumbed, re-plastered throughout. The quality of the construction can be proven to be of a very high standard. Meaning this should be a low maintenance, investment property.

COMPRISES


GROUND FLOOR


ENTRANCE HALL
Wooden double front door
Tiled floor/carpeted stairs


LIVING ROOM
12’8” x 9’7” (3.85m x 2.93m)
Fully Furnished, Carpeted floor.


BEDROOM
14’4” x 10’11” (4.37m x 3.34m)
Laminate Floor.


KITCHEN
11’3” x 6’9” (3.43m x 2.06m)
Tiled Floor. Fully Fitted Kitchen.


SHOWER ROOM
6’8” x 6’4” (2.03m x 1.93m)
Tiled floor, partly tiled walls

FIRST FLOOR


KITCHEN
10’1” x 5’11” (3.08m x 1.80m)
Tiled Floor. Fully Fitted Kitchen.


LIVING ROOM
14’5” x 9’6” (4.40m x 2.90m)
Fully Furnished, Carpeted floor.


BEDROOM
9’9” x 9’6” (2.97m x 2.90m)
Carpeted floor.


SHOWER ROOM
6’10” x 6’8” (2.08m x 2.02m)
Tiled floor, partly tiled walls


SECOND FLOOR


SHOWER ROOM
7’1” x 6’9” (2.17m x 2.06m)
Tiled floor, partly tiled walls


BEDROOM
9’11” x 9’7” (3.01m x 2.91m)
Laminate floor.


KITCHEN/LIVING ROOM
15’9” x 10’6” (4.81m x 3.20m)
Fully Furnished, Carpeted floor. Tiled floor in kitchen, Fully Fitted Kitchen


Property Link (NI ) Ltd for themselves and for the Vendor or Lessor of this property whose Agents they are, give notice that the particulars are produced in good faith and are set out as a general guide only and do not constitute any part of a contract and no person in the employment of Property Link (NI) ltd has any authority to make or give any representation or warranty in relation to this property.

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Total Views

(since advertised)

1,125

Listing Views

Date Views Unique Views Featured Published
20th Apr 5 5 No Yes
21st Apr 2 2 No Yes
22nd Apr 8 8 No Yes
23rd Apr 2 2 No Yes
24th Apr 5 5 No Yes
25th Apr 0 0 No Yes
26th Apr 2 2 No Yes
27th Apr 6 6 No Yes
28th Apr 4 4 No Yes
29th Apr 4 4 No Yes
30th Apr 1 1 No Yes
1st May 3 3 No Yes
2nd May 2 2 No Yes
3rd May 2 2 No Yes
4th May 3 3 No Yes
5th May 4 4 No Yes
6th May 5 5 No Yes
7th May 6 6 No Yes
8th May 2 2 No Yes
9th May 3 3 No Yes
10th May 1 1 No Yes
11th May 6 6 No Yes
12th May 1 1 No Yes
13th May 3 3 No Yes
14th May 0 0 No Yes
15th May 8 8 No Yes
16th May 5 5 No Yes
17th May 5 5 No Yes
18th May 2 2 No Yes
19th May 2 2 No Yes

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