Lot 14: 51 Drumalane Road, Newry, County Down
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Lot 14
51 Drumalane Road, Newry, County Down
Residential · Terrace · 6 beds
Key Features
- FANTASTIC INVESTMENT OPPORTUNITY
- 3 STORY TERRACE PERIOD PROPERTY
- FULLY LICENCED 6 BEDROOM HMO
- POTENTIAL RENT £300 - £350 PCM / ROOM
- GAS FIRED CENTRAL HEATING
- DOUBLE GLAZED THROUGHOUT
- SECLUDED REAR COURTYARD
- PARKING AREA TO FRONT
- CLOSE TO NEWRY CITY CENTRE
- EASY ACCESS TO M1 MOTORWAY
- EPC RATING: C75/C76
Description
This imposing three story period terraced property is full of original character and charm boasting high Ceilings with original plaster cornicing, feature fireplace in main reception room and bay windows to ground and first floor rooms. The property has been tastefully converted into a HMO (House of Multiple Occupancy) and has a valid HMO licence which runs until November 2026.
Each of the six bedrooms can therefore be let out individually at an estimated £300 - £350 per calendar month. This would equate to a gross annual rent between £21,600 - £25,200 representing a very impressive potential rental yield.
Internally comprising of two reception rooms, large communal kitchen with dining area, utility room, six bedrooms, three bath/shower rooms. Outside the property offers off-street parking to the front and a sheltered enclosed courtyard to the rear.
Located just a five minute walk to the Quays, Buttercane shopping centre and Sainsburys and within short walking distance to Newry City Centre and the vast array of shops, cafes, restaurants and other amenities on offer.
Viewing is highly recommended at one of the set viewing times which must be booked in advance through our website.
GROUND FLOOR
Entrance Porch through to entrance hall
Lounge: 15’7’’ x 12’9’’
Dining Room / 2nd Reception: 12’6’’ x 11’0’’
Kitchen / Dining Area: 18’6’’ x 10’5’’
Utility Room: 16’7’’ x 6’5’’
FIRST FLOOR
Bathroom: 7’6’’ x 6’2’’
Shower Room (1): 8’3’’ x 5’1’’
Shower Room (2): 8’6’’ x 5’1’’
Bedroom (1): 11’8’’ x 10’6’’
Bedroom (2): 15’8’’ x 10’7’’
Bedroom (3): 11’8’’ x 11’1’’
SECOND FLOOR
Bedroom (4): 11’7’’ x 7’5’’
Bedroom (5): 11’8’’ x 10’5’’
Bedroom (6): 11’7’’ x 11’1’’
OUTSIDE
Parking area to front of property
Enclosed courtyard to rear
Location