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McGovern Estate Agents, Enniskillen in partnership with The Northern Ireland Property Auction.
Offered at bids over £50,000 plus reservation fee.
We are delighted to offer to the market this fantastic investment opportunity. The property comprises of 2 x modern self contained 1 bedroom flats 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 with frontage onto River Sillees.
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. £6,000 - £6,500 per annum.
The ground floor apartment has commercial potential and benefits from 3 phase power and is fire regulation compliant.
Secure Rear Yard
Each Apartment Has Own Door Access
Open Plan Living Space
G/F Apt Oil Fire Range
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, nipropertyauction.com.
Auctioneers 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. On exchange of contracts, the buyer is required to make a payment of a 10% deposit, sign a reservation agreement and make payment of a non-refundable Reservation Fee of 3.6% of the final agreed sale price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to the agreed purchase price and is considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Area Price Tracker
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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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