Ronan.co is delighted to present this derelict property, located within a recognised flood zone. The property experienced flooding nine years ago and has remained vacant since the 2017 Foyle Valley flood. The property now requires full renovation and is suited to purchasers seeking a project with significant potential. This property is located on the Lisdivin Road, Bready just 5.5 miles from Strabane and 10 miles from Derry/Londonderry. It is just 0.5 miles from the main A5/Victoria Road.
Due to the condition of the property and its flood history, this will be a cash-only purchase.
This opportunity may appeal to those looking for a redevelopment project or an investment subject to the necessary consents.
Viewings are strictly by appointment and can be arranged by contacting our office on 02871 886910.
Important notice to purchasers: We have not tested any plumbing, electrical or structural elements including appliances at this property. Please satisfy yourself as to the validity of the performance of same by instructing the relevant professional body or tradesmen. Access will be made available.
Ronan.Co, for themselves and for the vendors of this property, whose agents they are, give notice that: –
(1) The particulars are set out as a general outline for the guidance of intending purchasers and do not constitute part of an offer or contract.
(2) All descriptions, dimensions, references to conditions and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspections or otherwise as to their correctness. The photographs appearing in these particulars show only certain areas of the property at the time when the photographs were taken. Furthermore, no assumptions should be made in respect of parts of the property which are not shown in the photographs.
(3) No person in the employment of Ronan.Co has any authority to make or give any representation or warranty in relation to this property.
For sale by Ronan.Co via the iamsold Bidding Platform
Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsoldni.com. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
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.
