FOR SALE AS ONE LOT… · • An entire block comprising 8 no. 1 bedroom apartments at Celandine...

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2, 4, 6, 6A, 8, 8A, 10 & 12 CELANDINE COURT LONDONDERRY, BT47 2EN RESIDENTIAL INVESTMENT - 8 APARTMENTS IN ONE BLOCK FOR SALE AS ONE LOT

Transcript of FOR SALE AS ONE LOT… · • An entire block comprising 8 no. 1 bedroom apartments at Celandine...

Page 1: FOR SALE AS ONE LOT… · • An entire block comprising 8 no. 1 bedroom apartments at Celandine Court • Current passing rent £27,036 per annum ... • Fitted kitchen and bathroom

2, 4, 6, 6A, 8, 8A, 10 & 12 CELANDINE COURTLONDONDERRY, BT47 2EN

RESIDENTIAL INVESTMENT - 8 APARTMENTS IN ONE BLOCK

FOR SALE AS ONE LOT

Page 2: FOR SALE AS ONE LOT… · • An entire block comprising 8 no. 1 bedroom apartments at Celandine Court • Current passing rent £27,036 per annum ... • Fitted kitchen and bathroom

CELANDINE COURT, LONDON-

DERRY, CO. DERRY, BT47 2EN

PROPERTY SUMMARY • An entire block comprising 8 no. 1 bedroom apartments at Celandine Court

• Current passing rent £27,036 per annum

• Potential to increase to £34,560 per annum

• Opportunity for ‘break up’ as individual unit sales

• Offers over £260,000

The property is located in close proximity to the Victoria Road (A5) which provides links to Strabane, Limavady and the City of Derry airport. Crescent Link Retail Park, Foyleside Shopping Centre, Altnagelvin Area Hospital and City of Derry Golf Club are all within a short drive.

DESCRIPTION

We are offering for sale the entire block which comprises 8 apartments.

The apartments are finished to include the following specification;

•Plastered/paintedwallsandceilings

•Carpets

•Fittedkitchenandbathroomsuites

•Gasheating,Upvcdoubleglazing

7 apartments are currently let and producing an annual gross income of £27,036.

A tenancy schedule is included within this brochure.

LOCATION

Derry City is the second largest city in Northern Ireland and the principal city in the North West of the province with a population of 107,877. It is situated close to the border with the Republic of Ireland and benefits not only from local trade but also from high levels of cross border trade.

Derry City is approximately 75 miles from Belfast and approximately 5 miles from Co. Donegal. The city is easily accessible from the rest of the province with good road links to Belfast provided by the M2 and M22 Motorways, whilst the A2 and A37 provide a road link to Coleraine and the N13 in the Republic of Ireland leading to Letterkenny.

SITE PLAN

CELANDINE COURT, LONDONDERRY, CO. DERRY, BT47 2EN

Page 3: FOR SALE AS ONE LOT… · • An entire block comprising 8 no. 1 bedroom apartments at Celandine Court • Current passing rent £27,036 per annum ... • Fitted kitchen and bathroom

CELANDINE COURT, LONDONDERRY, CO. DERRY, BT47 2EN

PRICE

Offers are invited in excess of £260,000 which reflects a Net Initial Yield of 9.2 % allowing for normal purchasers costs.

TITLE

Title and contract are available for inspection by appointment only via;

A&L Goodbody, 6th Floor, 42-46 Fountain Street, Belfast, BT1 5EF.

Contact: Mark Blair

Tel: 028 90 314 466

Email: [email protected]

LOCATION MAP

FURTHER INFORMATION

For further information or to arrange an inspection of the property, please contact:

Or Colliers

Contact: Andrew Lennon Contact: Mark Riddell

Tel: 028 90 241 500 Tel: 028 90 241 500

Email: [email protected] Email: [email protected]

Joint AgentColliers International and Simon Brien Residential gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International or Simon Brien Residential has any authority to make any representation or warranty whatsoever in relation to this property.

Colliers International is the licensed trading name of Colliers Belfast Limited. Company Registered in Northern Ireland No. NI 614836 Registered Office: 13 Waring Street, Belfast, BT1 2DX. Simon Brien Residential is the trading name of Simon Brien LLP Registered in Northern Ireland No. NC001115.

EPC’S

Available on request.

EPC’S

Available on request, the EPC ratings are included in the Tenancy Schedule

Contact: Michael Wright Contact: Anton Dummigan

Tel: 028 90 668 888 Tel: 028 90 668 888

Email: [email protected] Email: [email protected]

CELANDINE COURT, LONDONDERRY, CO. DERRY, BT47 2EN

Page 4: FOR SALE AS ONE LOT… · • An entire block comprising 8 no. 1 bedroom apartments at Celandine Court • Current passing rent £27,036 per annum ... • Fitted kitchen and bathroom

CELANDINE COURT, LONDONDERRY, CO. DERRY, BT47 2EN

PROPERTY FLOOR TYPE AREA (SQ FT)

EPC MONTHLY RENT ERV RATES 2016

CELANDINE COURT

No. 2 Ground Floor 1 Bed 398 D67 £341 £360 £301.46

No. 4 Ground Floor 1 Bed 398 C71 £342 £360 £301.46

No. 6 Ground Floor 1 Bed 344 D60 £260 £360 £301.46

No. 6A Ground Floor 1 Bed 398 D67 £260 £360 £301.46

No. 8 1st Floor 1 Bed 344 C72 £347 £360 £301.46

No. 8A 1st Floor 1 Bed 398 E53 Vacant £360 £301.46

No. 10 1st Floor 1 Bed 344 D62 £356 £360 £301.46

No. 12 1st Floor 1 Bed 344 C69 £347 £360 £301.46

TOTALS £2,253 £2,880

TENANCY SCHEDULE

CELANDINE COURT, LONDONDERRY, CO. DERRY, BT47 2EN

Please note that square footages have been taken from Land & Property Services