(Lot 24) Cromore Court, Cromore Road, Coleraine BT52 1ST

Guide price £700,000
Guide price £700,000
Venue Online Auction
Time finished
Lot 24
Guide Price £700,000
Stamp Duty Calculate Stamp Duty
£25,000** (Based on being a First Time Buyer) Change
£25,000** (Based on being a Home Mover) Change
£46,000** (Based on being a Buy-To-Let Investor) Change
£46,000** (Based on being a Second Home Buyer) Change
Typical Mortgage
() deposit ( year term)
Style Apartments
EPC Rating D68/C69
Status For sale
  • Additional Information
  • Schools
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Additional Information

Lot 24

Features

  • To be sold at the iOK Online Auction 21st March 2019 (iokauction.com)
  • Maximum Reserve £700,000
  • Lot 24
  • Residential investment opportunity
  • Comprises 21 no. student units
  • Currently leased to Ulster University until May 2019
  • Located approximately 1 mile from Coleraine town centre

Additional Information

The property comprises 21 student accommodation units and a caretaker's office on a site extending to approximately 1.13 acres (0.46 hectares) with good frontage of 640 ft to the Cromore Road. The units are of a modern construction built in the early 1990s and are finished with a plastered external render with pitched roofs covered with concrete tiles, uPVC double glazed windows and communal oil fired central heating.

Accommodation
We have been provided with the following accommodation details:-

16 no. 4 bed units of approximately 830 sq ft
4 no. 2 bed units of approximately 511 sq ft
1 no. 5 bed units of approximately 1,050 sq ft

Tenancy
We are advised the property is currently let to Ulster University Coleraine (UUC) from September 2018 to May 2019 (37 weeks) at a gross rent of £115,000 (Landlord responsible for communal costs). The lease with UUC is renewed on an annual basis.

EPCs Range from D68 - C78

Directions

Coleraine is a large town in Co Londonderry located approximately 55 miles (89 km) northwest of Belfast and 40 miles (64 km) northeast of Derry City. The property is located approximately 1 mile (1.6 km) north of the town centre on the Cromore Road opposite the entrance to the Ulster University Coleraine Campus. The surrounding area primarily comprises housing with a train halt located nearby to the rear of the premises.

Schools

Schools near BT52 1ST

VIEW SCHOOLS FINDER

Information obtained via the Education Authority website and via Freedom of Information requests. Visit our School Finder page for more information about transfer test grades/scores.

For more information visit The Transfer Tutor (Multi Award Winning App).

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Property Statistics

Total Views

(since advertised)

2,055

Most Popular Ranking Today in

5th Coleraine (£500,000+)

Listing Views

Date Views Unique Views Featured Published Bumped
24th Feb 188 188 No Yes No
25th Feb 140 140 No Yes No
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24th Mar 12 12 No Yes No
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