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Lot 14

51 Drumalane Road
Newry, BT35 8AR

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

Gogogone Limited has endeavoured to prepare these sales particulars as accurately and reliably as possible. The particulars are given for your general guidance only and do not form any part of an offer or contract. The seller and agents do not give any warranty in relation to the property. All services, fittings and equipment referred to in the sales details have not been tested by Gogogone Limited and no warranty is given to their condition. We strongly advise prospective buyers to independently commission their own survey and service reports before making offer or bidding on the property.  The measurements within the details are approximate and have not been verified.

Winning Bid

£150,000

DAYS

HOURS

MINUTES

SECONDS

Live Bidding

Registration will open on Thu 10th Feb 10:00AM

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