Lot 1: 36 Drumalane Park, Newry, Down
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Lot 1
36 Drumalane Park, Newry, Down
Residential · Terrace · 3 beds
Key Features
- ATTENTION INVESTORS!
- THREE BEDROOM MID TERRACE
- SOUGHT AFTER RESIDENTIAL LOCATION
- POTENTIAL RENTAL INCOME £850 PCM
- SCOPE FOR SUBSTANTIAL VALUE UPLIFT
- PRICED TO REFLECT REFURBISHMENT NEEDED
- OIL FIRED CENTRAL HEATING
- FRONT GARDEN AND PAVED REAR GARDEN
- WITHIN WALKING DISTANCE OF NEWRY CENTRE
- VIEWING HIGHLY RECOMMENDED
- EPC RATING: E50 / C73
Description
A spacious three bedroom mid terrace property offering genuine investment potential in one of Newry's most popular residential locations, just a short walk or drive from the city centre and all its amenities. The property requires significant refurbishment, and this has been fully reflected in the guide price, creating a real opportunity to add value from day one.
Benefiting from oil fired central heating, a garden to the front and a good sized multi-level paved garden to the rear, the property offers a solid foundation for a buy to let investor looking to renovate and re-let, or for a developer targeting resale after refurbishment.
With rental potential of £850 PCM once improved, the numbers stack up for investors seeking a project with strong upside in a proven rental location. Early inspection is strongly recommended to fully appreciate the scope on offer.
Accommodation Comprises:
Entrance Hall
Living room: 3.99 x 3.22
Kitchen: 6.01m x 3.07m
FIRST FLOOR
Bedroom (1): 3.99m x 2.62m
Bedroom (2): 2.90m x 3.23m
Bedroom (3):2.39m x 2.98m
Bathroom: 1.88m x 1.73m
OUTSIDE
Gardens to front and Rear
Location