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47 Partially constructed Apartments – Ballybofey.

€ 1,450,000 Guide Price
Navenny Place, Navenny, ,
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For Sale
For Sale by Online Auction – 9th December 2020 Closing time 10am – Joint agents BidX1
Being sold by a private owner – not a distressed sale.
https://bidx1.com/en/en-ie/auction/property/47160?pId=5d1293c1-6b11-4bb2-bec5-7bfbec7e634b

Property Summary
  • Investment portfolio of 47 x apartments
  • All apartments are complete to shell condition with some enhanced to 1st fix
  • Town centre location above the SuperValu Supermarket
  • 47 basement carpark spaces dedicated to the apartments
  • Requires completion works
  • Offered collectively as one lot
  • Vacant possession
  • Joint Agent with Martin McGowan Properties Tel: 074 91 900 90
Tenure

Long Leasehold

Location
  • Ballybofey is a town in south east County Donegal situated approximately 28km south of Letterkenny and 30km north east of Donegal town.
  • The property is situated in the southern side of Trusk Road, close to it’s junction with Navenny Street.
  • Amenities in the area include SuperValu, Jacksons Hotel and Leisure Centre, bars and restaurants.
  • Transport links in the area include the N15 and N13 national roads providing access to Sligo, Lifford, Letterkenny and Derry; public transport is served by a host of bus services.
  • County Donegal is located to the north west of Ireland and is renowned for its amazing scenery, golden beaches many of which are blue flag, rugged terrain, stunning islands and varied wildlife. Ballybofey town is twinned with Stranorlar and is the third largest Town in the County of Donegal. The towns are centrally located within the County and would have a large rural hinterland in the heart of the Finn Valley. Stranorlar would be mostly residential, educational schools and churches and chapels and Ballybofey would be a key retail, commercial and recreational centre with an abundance of shops, good restaurants, pubs, hotels and The Balor Theatre. The property is located within the the town and is would have been classed as Town Centre Zoned within the last development plan, to the rear of the subject property is overlooked by the beautiful unspoilt countryside. The River Finn runs directly behind the property and is one of the most prolific salmon and grilse rivers in Donegal. The Finn is known as a spring salmon river and is cherished for anglers who get to spend any free time they can trying to catch that elusive salmon. Ballybofey is a sporting hub with many sports very well catered for. It is home to The Finn Valley Athletic Centre, Sean MacCumhaills GAA Club whose pitch is also the County’s main ground, League of Ireland Premiership side Finn Harps and Ballybofey and Stranorlar Golf Club with a beautiful 18-hole parkland course. There are also local soccer clubs, a tennis club, a rugby club, a boxing club and three swimming pools. All these are within 2 km of the property. A variety of local schooling is available in the area with four primary schools and two secondary schools. Letterkenny Institute of Technology is only 20 km away.
Description

The property comprises of 47 Apartments in a single block above the SuperValu supermarket. The Apartments are arranged over four floors above ground floor retail with basement parking to provide for one space per apartment.

The apartments include:

  • 8 x one bedroom accommodation
  • 38 x two bedroom accommodation
  • 1 x three bedroom accommodation
  • 47 basement car parking spaces

The residential asset is offered collectively as a single lot and requires completion works.

The units can also be competed in 2 separate blocks with approved revised fire cert in place for the following:

  • Block 1 – 20 units and
  • Block 2 – 27
VAT
Please refer to Legal Documents
Property Table

Property Information Schedule for guidance purposes only

APT No SqM Beds 1st Fix Elcetrical Plastered
1ST FLOOR No Y/N Y/N
1 75 2 Y N
2 65 1 Y N
3 69 1 Y N
4 90.5 2 Y N
5 81 2 Y N
6 81 2 Y N
7 78 1 Y N
8 81 2 Y Y
9 81 2 Y Y
10 81 2 Y Y
11 81 2 Y Y
12 80 2 Y Y
14 84 2 Y Y
15 64 1 Y Y
16 82 2 Y N
17 84 2 Y Y
18 81 2 Y Y
19 88 2 Y Y
20 80 2 Y N
21 84 2 Y N
2ND FLOOR
22 75 2 Y N
23 65 1 Y N
24 69 1 Y N
25 90.5 2 Y N
26 81 2 Y N
27 81 2 Y N
28 78 1 Y N
29 81 2 Y Y
30 81 2 Y Y
31 81 2 Y Y
32 81 2 Y Y
33 80 2 Y Y
34 84 2 Y Y
35 64 1 Y Y
36 82 2 Y N
37 84 2 Y Y
38 81 2 Y Y
39 82 2 Y Y
40 84 2 Y Y
3RD FLOOR
P1 119 3 Y N
P2 96 2 Y N
P3 81 2 Y N
P4 103.5 2 Y N
P5 101 2 Y N
P6 105 2 Y N
P7 108 2 Y N
P8 108 2 Y N

 

BER
Number

Available From Bidx1

Energy Performance Indicator

222.98 kWh/m²/yr – 334.06 kWh/m²/yr

 

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 BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 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 BidX1 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 BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 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 BidX1 or the vendor.

Address: Navenny Place, Navenny
State:
Country: Ireland
Property Id : 9059
Price: € 1,450,000 Guide Price

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