42 Meadowbank, Letterkenny, Donegal, F92C426

7 Bedroom House of Multiple Occupation Contract Deposit Applies
This auction has ended!
   
Final Bid:
€250,125.00
  • Overview
  • Particulars
  • Agent Details
  • Deposit & Charges Explained

Property Overview

For Sale by Glen Estates, Donegal via the iamsold Bidding Platform

Excellent residential investment opportunity comprising of 3 bed terrace plus two 2 bed apartments ideally located to Letterkenny University Hospital.

This property produces an annual rental income of €22,200 Which represents a yield of 11.2%

It is proposed that the existing tenants lease will be assigned to the new owner.

Features:
3 bed terrace plus two 2 bed apartments
Annual rental income of €22,200
Located close to Letterkenny University Hospital
Existing tenants lease will be assigned to the new owner
Back boiler in terrace house and apartments
BER D2 / BER No. 115525131

TO VIEW OR MAKE A BID Contact Glen Estates or iamsold, www.iamsold.ie

Starting Bid and Reserve Price

*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.

Auctioneer's Comments

This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Building Energy Rating (BERs)

Building Energy Ratings (BERs) give information on how to make your property more energy efficient and reduce your energy costs. All properties bought, sold or rented require an BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your property could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All properties are measured using the same calculations, so you can compare the energy efficiency of different properties.

Terrace House

Partially glazed PVC door leading to;
Entrance Hallway
11.6ft x 6.3ft
laminate flooring

Living Room
11.5ft x 11.4ft
laminate flooring, open fireplace with a decorative cast iron timber surround and a back boiler and granite hearth

Kitchen/Dining Room
18.3ft x 10.4ft
vinyl flooring, extensive built-in wall and base units with a tiled surround, stainless steel single sink and drainer unit with mixer tap over, integrated gas hob, integrated electric oven, plumbing for washer/dryer, dishwasher, fridge/freezer, sliding fully glazed doors leading to rear

Staircase leading too first floor with carpet flooring

Bedroom 3
10.9ft x 9.1ft

Bedroom 2
11.8ft x 10.1ft
carpet flooring, built in wardrobe

Bedroom 1
11.4ft x 11ft
carpet flooring, built in wardrobe

Ensuite
Tiled floor, white 2 piece suite, fully tiled walls, separate shower cubicle with glass shower enclosure with Triton T90 electric shower

Main Bathroom
Tiled floor, fully tiled walls, white 3 piece suite, shaver light over wash hand basin

42A (Apartment 1)

Fully glazed sliding door to;

Open plan Kitchen/Dining/Living Room
22.10ft x 17.10ft

Living area – carpet flooring, open fireplace with back boiler with decorative cast iron and timber surround and a granite hearth

Kitchen/Dining area – Built in wall and base kitchen units with a tiled surround, stainless steel single sink and drainer unit with mixer taps over, integrated four ring Halogen hob, integrated electric oven and extractor fan over, dish washer, fridge/freezer, built in breakfast bar

Bedroom 1
12ft x 10.8ft
carpet flooring

Bedroom 2
14.7ft x 9.5ft
carpet flooring

Shower Room
Tiled floor, fully tiled walls, white 2 piece suite, separate double shower cubicle with glass shower door and Triton T90 electric shower

Utility
Built in storage cupboards, plumbing for washing machine, wiring for tumble dryer

42A (Apartment 2)

Entrance Hallway

13.7ft x 4.5ft, vinyl flooring

Stairs leading to first floor with carpet flooring

First floor Kitchen/ Dining/Living Area

23.9ft x 17.9ft, laminate flooring, open fireplace with back boiler with a decorative cast iron and timber surround, extensive wall and base kitchen units with tiled surround, stainless steel single sink and drainer unit with mixer taps over, integrated four ring halogen hob, electric oven with extractor hood over, dishwasher, washer/dryer, fridge/freezer, built in breakfast bar

Bedroom 1
12ft x 10.8ft laminate flooring

Bedroom 2
14.8ft x 9.10ft, laminate flooring

Shower Room
Tiled floor, fully tiled walls, white 2 piece suite, separate double shower cubicle with glass shower door with Triton T90 electric shower

Glen Estates: Estate Agent Donegal

Local Branch: Unit 3 Glenview Business Park, Donegal, F92P 277
Head Office: Unit 3 Glenview Business Park, Donegal, F92P 277

Deposit & Charges Explained

42 Meadowbank, Letterkenny, F92C426

Online Auctions

A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.

A Bidder Security Deposit of €4,500.00 is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to iamsold's client account to authorise them to bid on the Online Auction (please note, this option may take several days).

The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.

Any balance of the full contract deposit must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by debit/credit card, or same day bank transfer to iamsold's client account.

All unsuccessful bidders will have their pre-authorisations released OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.

Bidders are required to pay a non-refundable €50.00 (including 23% VAT) registration fee per property they register to bid on.

 

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Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. IAM Sold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.

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