Key Information

Address 24 Upper Water Street, Newry Address
Price £140,000 Price
Style Apartment Style
Bedrooms 2 Bedrooms
Receptions 2 Reception Rooms
Bathrooms 2 Bathrooms
EPC Rating EPC Rating EPC Rating
Status For sale Status

Features

  • Ground Floor Retail Unit circa 550 sq ft / 51 sqm Let To Local Retailer with £6,000 p.a Passing Rent
  • Two Recently Refurbished Apartments to First and Second Floors with Estimated Rental Value of c. £10,200 p.a
  • High Profile Location
  • Convenient to Public Car Parking
  • PVC Double Glazed
  • Electric Roller Shutter to Retail Unit
  • Separate Alleyway to Apartments
24 Upper Water Street, Newry BT34 1DJ

High Yielding Investment Opportunity - Retail Unit plus Two Apartments

Superb investment opportunity in a high profile City Centre location in Newry. The property offers a high yield potential (in the region of 12%) by way of a let retail unit to ground floor, and two residential apartments to first and second floors, ready for letting. Upper Water Street enjoys a high level of both pedestrian and vehicular traffic and is located in an area that has enjoyed considerable investment in recent years.

Retail Unit C. 550 sq. ft. / 51 sqm
Electric roller shutter, tiled floor, suspended ceilings with fluorescent and spot lighting. W.C. Staff kitchen.
Apartment One
Entrance Hall
Carpet floor. Cloakroom.
Kitchen/Diner 13' 1'' x 7' 2'' (3.99m x 2.19m)
Range of high and low level units incorporating stainless steel drainer sink, electric oven, vinyl floor.
Lounge 13' 1'' x 11' 3'' (3.99m x 3.43m)
Carpet floor.
Bedroom One 12' 3'' x 10' 9'' (3.73m x 3.28m)
Carpet floor.
Bathroom 7' 3'' x 5' 9'' (2.22m x 1.75m)
White suite comprising W.C, pedestal wash hand basin and panel bath. Vinyl floor.
Apartment Two
Entrance Hall
Carpet Floor. Cloakroom.
Kitchen/Diner 13' 1'' x 7' 2'' (3.99m x 2.19m)
Range of high and low level units incorporating stainless steel drainer sink, electric oven, vinyl floor.
Lounge 13' 1'' x 11' 3'' (3.99m x 3.43m)
Carpet floor.
Bedroom One 12' 3'' x 10' 9'' (3.73m x 3.28m)
Carpet floor.
Bathroom 7' 3'' x 5' 9'' (2.22m x 1.75m)
White suite comprising W.C, pedestal wash hand basin and panel bath. Vinyl floor.
Note
In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by a person within and/or connected with Shooter Property Services.
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