Property photos
Auction
Guide price
£72,000
3 bed flat for sale
Portfolio Of 3 Tenanted Properties, Hanover St, Stranraer DG97Rs DG93 beds
Local area information
Property location
Nearby amenities
- Park School 0.2 miles
- St Joseph's RC School 0.3 miles
- Stranraer Ferry Terminal 0.3 miles
- Stranraer 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- ***immediate income producing investment*** Portfolio of 3 x tenanted properties located in the same building within the popular port town of Stranraer. Rental income of £968pcm (£11,616 per annum).
- 19A : First Floor flat, Entrance Vestibule, Lounge / Kitchen, Bedroom and Bathroom. Gas Central Heating and new double glazed windows. Sold with settled long-term tenant in place.
- 19B: First Floor Flat, Entrance Vestibule, Open plan Lounge / kitchen with breakfast bar area, Bedroom & Family bathroom. Double Glazing, Gas Central heating & recently carpeted throughout.
- 19C: Attic Flat, Landing area leading to Lounge / Kitchen, Bathroom and Bedroom with built in wardrobe. Newly carpeted and ample storage space throughout. Sold with long-term tenant.
- The properties produce a combined annual rental income of £11,616 giving outstanding return on investment in popular rental spot. Monthly rental are £50pcm, £315pcm and £303pcm (combined- £968pcm).
** sale by auction - 11 July 2024 - Timed Online Auction **
*super investment portfolio- sold with all certification in place and up to date* There are recent EPC, eicr, Legionella and Gas certificates for all of the properties. ***immediate income producing investment*** Portfolio of 3 x tenanted properties located in the same building within the popular port town of Stranraer. Rental income of £968pcm (£11,616 per annum). Flat A : First Floor flat, Entrance Vestibule, Lounge / Kitchen, Bedroom and Bathroom. Gas Central Heating and new double glazed windows. Sold with settled long-term tenant in place. Approx. Room Sizes; Entrance Vestibule 1.10m x 1.00m. Lounge/Kitchen 4.50m x 3.90m. Bedroom 3.33m x 3.09m. Bathroom 2.76m x 2.43m. Flat B: First Floor Flat, Entrance Vestibule, Open plan Lounge / kitchen with breakfast bar area, Bedroom & Family bathroom. Double Glazing, Gas Central heating & recently carpeted throughout. Realistic Rental Potential £395PCM (£4,740 Per Annum). Approx. Room Sizes; Entrance Vestibule 1.11m x 1.02m. Lounge 3.81m x 3.38m. Kitchen 2.95m x 2.00m. Bedroom 5.38m x 1.60m. Bathroom 2.85m x 1.87m. Flat C: Attic Flat, Landing area leading to Lounge / Kitchen, Bathroom and Bedroom with built in wardrobe. Newly carpeted and ample storage space throughout. ** Realistic Rental Potential £395PCM (£4,740 Per Annum). Approx. Room Sizes; Lounge 4.30m x 3.60m. Kitchen 3.50 x 1.75m. Bathroom 2.00m x 1.70m. Bedroom 4.35m x 2.45m. Local Sales Evidence; 11 Hanover Street, Stranraer, DG9 7SB previously sold for £66,000*** 4 Hanover Street, Stranraer, DG9 7RZ previously sold for £79,000*** 77 Hanover Street, Stranraer previously sold for £99,000***
Stranraer lies on the shores of Loch Ryan on the northern side of the isthmus joining the Rhins of Galloway to the mainland. Stranraer is Dumfries and Galloway's second largest town with a population including the surrounding area of nearly 13,000. Stranraer is an administrative centre for the West Galloway area of Dumfries and Galloway. The Town was the main ferry port connecting Scotland with Belfast and Larne in Northern Ireland. However, the main industries in the area are the ferry port, with associated industries, tourism and, more traditionally, farming. Stranraer railway station is the southern terminus for one of the branch lines of the Glasgow South Western Line. Trains link to Ayr, Glasgow Central, and Kilmarnock.
Auction Details
11 July 2024,10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to bid on this property.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Get a Fast Sale and a Fair Price with Future Property Auctions. Contact Us now for a free Auction Valuation.
*super investment portfolio- sold with all certification in place and up to date* There are recent EPC, eicr, Legionella and Gas certificates for all of the properties. ***immediate income producing investment*** Portfolio of 3 x tenanted properties located in the same building within the popular port town of Stranraer. Rental income of £968pcm (£11,616 per annum). Flat A : First Floor flat, Entrance Vestibule, Lounge / Kitchen, Bedroom and Bathroom. Gas Central Heating and new double glazed windows. Sold with settled long-term tenant in place. Approx. Room Sizes; Entrance Vestibule 1.10m x 1.00m. Lounge/Kitchen 4.50m x 3.90m. Bedroom 3.33m x 3.09m. Bathroom 2.76m x 2.43m. Flat B: First Floor Flat, Entrance Vestibule, Open plan Lounge / kitchen with breakfast bar area, Bedroom & Family bathroom. Double Glazing, Gas Central heating & recently carpeted throughout. Realistic Rental Potential £395PCM (£4,740 Per Annum). Approx. Room Sizes; Entrance Vestibule 1.11m x 1.02m. Lounge 3.81m x 3.38m. Kitchen 2.95m x 2.00m. Bedroom 5.38m x 1.60m. Bathroom 2.85m x 1.87m. Flat C: Attic Flat, Landing area leading to Lounge / Kitchen, Bathroom and Bedroom with built in wardrobe. Newly carpeted and ample storage space throughout. ** Realistic Rental Potential £395PCM (£4,740 Per Annum). Approx. Room Sizes; Lounge 4.30m x 3.60m. Kitchen 3.50 x 1.75m. Bathroom 2.00m x 1.70m. Bedroom 4.35m x 2.45m. Local Sales Evidence; 11 Hanover Street, Stranraer, DG9 7SB previously sold for £66,000*** 4 Hanover Street, Stranraer, DG9 7RZ previously sold for £79,000*** 77 Hanover Street, Stranraer previously sold for £99,000***
Stranraer lies on the shores of Loch Ryan on the northern side of the isthmus joining the Rhins of Galloway to the mainland. Stranraer is Dumfries and Galloway's second largest town with a population including the surrounding area of nearly 13,000. Stranraer is an administrative centre for the West Galloway area of Dumfries and Galloway. The Town was the main ferry port connecting Scotland with Belfast and Larne in Northern Ireland. However, the main industries in the area are the ferry port, with associated industries, tourism and, more traditionally, farming. Stranraer railway station is the southern terminus for one of the branch lines of the Glasgow South Western Line. Trains link to Ayr, Glasgow Central, and Kilmarnock.
Auction Details
11 July 2024,10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to bid on this property.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Get a Fast Sale and a Fair Price with Future Property Auctions. Contact Us now for a free Auction Valuation.
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