Full Let Residential Investment Portfolio

• The portfolio comprises 78 income-producing residential units and 6 commercial units across two locations, plus a fully consented redevelopment opportunity for 8 additional apartments, comprising 5 one-bedroom and 3 two-bedroom units.
• Gross income of £655,020 per annum, exclusive of VAT, providing a net income of £541,900 per annum, exclusive of VAT, after residential rates and operating costs are deducted.
• There is scope to grow this income going forwards as a number of tenancy agreements have recently being renegotiated at higher monthly rents. According to PropertyPal research residential sales prices in Derry City & Strabane have increased 4.4% in the last year while rents have increased on average by 0.8%.
• The average rent in Northern Ireland across all residential properties is currently£1,013 pcm with Derry City & Strabane currently achieving £831 pcm across all property types. (PropertyPal, Q2 2026).
• We are instructed to seek offers in excess of £7,500,000 (Seven Million Five Hundred Thousand Pounds), exclusive of VAT.
• A purchase at this level would reflect a net initial yield of 7.00% on the residential income assuming purchaser’s costs of 6.65%.
• The opportunity comprises three separate lots, which can be sold individually or as a whole. Further details are available on request.

Directions

Derry~Londonderry is approximately 70 miles Northwest of Belfast via the M2 / A6 and 21 miles east of Letterkenny in the Republic of Ireland via the N13. The city has excellent road and rail links and benefits from its own deep seaport ‘Londonderry Port’ and own airport ‘Derry City’ at Eglinton, with direct daily connections to major UK and ROI cities.

The Derry City & Strabane Local Government District has 64% of its residents at working age. The city is also home to the Magee campus of the Ulster University. Derry-Londonderry was awarded UK City of Culture in 2013 which was a huge success in driving tourism and regeneration projects.