5 Ranelagh St, Belfast BT6 8NP

Additional Information

Property Overview

Reeds Rains, Belfast in partnership with The Northern Ireland Property Auction.

Offered at bids over £99,950

This is a well appointed 2 bed, mid terrace property situated within a highly regarded residential location. Many shopping and recreational amenities are available within minutes walking distance on the Cregagh Road. The main arterial routes into the City Centre can be driven within five minutes as well as the M3 Motorway network connecting to the A2 to Bangor or M5 Motorway.

The internal layout is suitable for a variety of differing requirements with accommodation comprising entrance porch, living room, dining room and kitchen, whilst upstairs offers two bedrooms and a bathroom.

The property benefits from oil fired central heating and double glazing throughout, making this an ideal purchase for a first time buyer or investor. Outside, to the rear is an enclosed patio and front forecourt.

Features:
Attractive Mid Terrace
Two Bedrooms
Ideal FTB / Investment
High Rental Demand
Living Room
Rear Dining Room
Kitchen
First Floor Bathroom
OFCH / Double Glazing Throughout
Enclosed Rear Garden / Front Forecourt

TO VIEW OR MAKE A BID - Contact Reeds Rains, Belfast on 028 90680420 or The NI Property Auction on 028 95608 380 / https://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.

Auctioneer's Comments

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 to 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.

Referral Arrangements

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.

Particulars

Property Particulars

Please contact us for more information about this property.