Lot 5 - 66 Southwell Road, Bangor, County Down, BT20 3AE

  • Unconditional Online Auction Sale
  • Guide Price* : £115,000
  • An Extended 3 Storey Mid Terrace Property in the Heart of Bangor Town Centre
  • Converted to 5 Self Contained Apartments
  • 1 x 2Bed Apt. / 4 x 1Bed Apts.
  • Requiring Significant Modernisation
  • Excellent Investment Opportunity
  • Central Bangor Location

Location

The subject property is located in Bangor town centre with all local amenities and public transport links only a short walk away.

Description

Attention Investors and developers! This three storey terraced property with double extension to the rear has got potential. The property is currently divided into 5 self-contained apartments made up of 1 bed and 2 bedroom apartments. Ideally located in Bangor Town Centre and with all local amenities only a short walk away.

Benefitting from double glazed windows and gas fired central heating, the property is however in poor condition throughout and will require substantial refurbishment. The Top floor apartment is currently let at £93/week to a long term tenant and the other four apartments are vacant. We strongly advise viewing to fully appreciate the opportunity this property will offer, once rerurbished and fully prepared for the rental market.


* No information, statement, description, quantity or measurement contained in any sales particulars, or given orally, or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out, issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor in respect of the property shall constitute a representation, or a condition or a warranty on behalf of BRG Gibson Auctions Ltd, or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally, or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BRG Gibson Auctions Ltd, or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor.

Bidding not yet open
Minimum Opening Bid

£115,000


Bidding Opens On
22nd Jun 2021 12:00
End Date

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Office Contact

Chris Johnson - BRG Gibson Auctions

02890 393 966

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