Investment Property, 48 Northland Road, Cityside, Londonderry BT48 7ND

Additional Information

This substantial mid-terraced property is located within walking distance to Magee University on the Northland road area of the City and is surrounded by many different local amenities including shops, gyms, supermarkets and more. The property is currently classed as a rooming house and contains at present, 8 en-suite bedrooms, 1 communal living area and 2 communal kitchens. To the rear of this substantial building is a self contained, 3 storey annex that can also be accessed from the rear mews lane that opens onto Eden Terrace. There is also parking to the rear. Tenants are currently in place in various rooms. The annex is owner occupied and could easily be let as one unit or split into several letting rooms for increased R.O.I. .There is potential for 13 letting rooms in this property if the annex were to be turned into a similar arrangement as the main building STPP. Viewing is highly recommended. Contact us on 02871342333.

Features:

¨ 4 storey, mid terraced HMO + self contained annex dwelling

¨ Oil fried central heating

¨ Location close to Magee University & new medical college on the old Foyle college campus

¨ 8 x En-suite bedrooms

¨ 3 storey, 3 bedroom, self contained annex to the rear (up to HMO standard)

¨ Communal lounge + 2 communal kitchens

¨ Fantastic investment property

¨ Parking to the rear

¨ Short term rental potential

 Asking price: £350,000