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Unit A-D, 44 Clarendon Street, Derry BT48 7ET

Offers over £185,000

Key Information

Address Unit A-D, 44 Clarendon Street, Derry
Price Offers over £185,000
Style Apartments
Bedrooms 1
Receptions 1
Bathrooms 1
Heating Electric Heating
Status For sale
   

Summary

  • Freehold property with four one-bedroom flats
  • Full planning permission granted for Erection of 4 No. of Flats
  • Previously generated £1,582 PCM (£18,984 per annum)
  • Excellent renovation and value-add potential
  • Highly sought-after area popular with residents and businesses
  • Strong prospects for increased rental income after full renovation

Additional Information

44 Clarendon Street – 4 Self Contained Apartments with Full Planning Permission. A rare opportunity to acquire a freehold property arranged as four one-bedroom flats, offering scope for modernisation and value enhancement.

The property benefits from full planning permission, allowing purchasers to redevelop or reconfigure the flats to maximise potential returns. Currently fully let, it generates a combined rental income of £1,582 per calendar month (£18,984 per annum), providing an immediate benchmark for potential income.

This property would be in need of a full renovation, an excellent opportunity for an investor looking for a project.

Comprising:

  • Flat A: One-bedroom self-contained flat
  • Flat B: One-bedroom self-contained flat
  • Flat C: One-bedroom self-contained flat
  • Flat D: One-bedroom self-contained flat

Each flat offers practical accommodation including a living space, kitchen, bedroom and bathroom facilities. There is also the added benefit of a communal laundry room. 

With full planning permission in place, this property represents an excellent renovation and value-add project for investors, developers, or landlords looking to create a high-yield, modern rental portfolio.

Set in a highly desirable location, Clarendon Street benefits from strong demand from both residential tenants and local businesses, excellent transport links, and proximity to local amenities. Its location ensures long-term rental growth and capital appreciation following a full refurbishment.

A great opportunity to secure a multi-unit property in a prime location for  investors and developers.

To view this property please contact our office on 02871266688 or email Sophie@propertylinkni.com 

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