Offers over

£109,000

Block of flats for sale
Lambeg Road, Lisburn BT27

4 receptions

Points of interest

Property location

Nearby amenities

  • St Colman's Primary School 0.2 miles
  • Harmony Hill Primary School 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
For sale by McClelland Salter Estate Agents via the iamsold Bidding Platform
Cash offers only


We welcome to the market 4x self contained flats, ideally located in Lambeg. We understand the property was built in 1840 by Henry Bell when Lambeg was a bustling independent village.

The property was converted approximately 30 years ago into 4 self contained studio flats. Each flat was let very recently with an approximate income of £300 per unit per calendar month. With modernisation the rental value would increase.

The building is around 105 square metres, each flat is approximately 20 square metres and consists of a lounge open plan to kitchen, 1 bedroom and shower room. Three is parking to the front and communal garden to the rear.

Lambeg Train Station, Aberdelghy Golf Club and the stunning River Lagan Towpath are all within a few minutes walk.
Features

Cash Offers Only
Investment Opportunity
4 Self Contained Flats
Popular Location

Tenure: Leasehold
Annual Rate: £784.72 (£196.18per flat)

to view or make A bid Contact McClelland Salter Estate Agents or iamsold NI, Starting Bid and Reserve Price
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Unconditional Method of Auction, which is powered by iam Sold.

Auctioneer's Comments
This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.

The buyer is also required to make a payment of a non-refundable, part payment 10% Contract Deposit to a minimum of £6,000.00.

In addition to their Contract Deposit, the Buyer must pay an Administration Fee to the Auctioneer of 1.80% of the final agreed sale price including VAT, subject to a minimum of £2,400.00 including VAT for conducting the auction.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

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Property descriptions and related information displayed on this page are marketing materials provided by - iamsold NI. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact iamsold NI for full details and further information.