RESIDENTIAL INVESTMENT / REFURBISHMENT OPPORTUNITY 1-23 DHU VARREN VILLAGE, PORTRUSH, CO. ANTRIM, BT56 8SZ

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1 RESIDENTIAL INVESTMENT / REFURBISHMENT OPPORTUNITY

2 PROPERTY SUMMARY We are offering For Sale 24 residential units comprising 24 Townhouses ranging from 750 sq. ft. to 2,044 sq. ft. Located on Dhu Varren Park just off the Portstewart Road within walking distance to Portrush Town Centre. Dhu Varren train hault is a short walk from the properties 5 of the 24 properties are currently tenanted Opportunity for break up as individual unit sales Offers invited in the region of 1,400,000 SITE PLAN LOCATION Portrush is a seaside town on Northern Ireland s North-Coast approximately 4 miles North of Coleraine. The subject is situated close to the Town Centre and accessed off the Portstewart Road in an area characterised by residential uses. The location is highly sought after within easy walking distance of Portrush Town Centre. DESCRIPTION We are offering For Sale 24 Townhouses set on a site of c acres, the properties are of traditional blockwork construction with pitched and tiled roofs, upvc double glazed windows and a mix of oil fired central heating and Economy Seven heating. 5 of the 24 properties are currently tenanted however some of the remainder need refurbishment works. The properties comprise; 6 No. 6-Bed 3 Storey Townhouses extending to c. 1,894 sq ft 7 No. 6-Bed 2 Storey Townhouses extending to c. 2,044 sq ft 6 No. 4-Bed 3 Storey Townhouses extending to c. 1,894 sq ft 2 No. 5-Bed 2 Storey Townhouses extending to c. 2,044 sq ft 2 No. 5-Bed 3 Storey Townhouses extending to c. 1,894 sq ft 1 No. 1-Bed 1 ½ Storey End Townhouse extending to c. 710 sq ft Areas taken from Land and Property Services website. Internally the properties are finished to include the following specification; Plastered / painted walls and ceilings Carpets Fitted kitchens and bathroom suites Oil Fired Central Heating, upvc Double Glazing A tenancy schedule is included within this brochure

3 RESIDENTIAL MARKET Figures emerging from Ulster University s quarterly house price report for Q4, 2015 provide further confirmation that Northern Ireland s housing market has made substantial progress on the road to recovery. The overall average price of homes sold in Q4, 2015 was 154,685, the highest it has been since Q2, This reflects an annual (weighted) increase of 9% and a quarterly (weighted) increase of 4.7%. This is the highest annual rate of increase recorded since the market slumped in 2007/08. FURTHER INFORMATION For further information or to arrange an inspection of the property, please contact: Contact: Andrew Lennon Contact: Mark Riddell Tel: Tel: andrew.lennon@colliers.com mark.riddell@colliers.com Or Simon Brien Residential Contact: Anton Dummigan Contact: Simon Brien Tel: Tel: adummigan@simonbrien.com sbrien@simonbrien.com PLANNING LOCATION MAP An application has been submitted Ref: C/2007/0230/F submitted 7th March 2007 for Proposed change of use from student accommodation to residential units. The application was approved 13th November 2009 EPC S Available on request, the EPC ratings are included in the Tenancy Schedule PRICE Offers are invited in excess of 1,400,000 exclusive. TITLE Title and contract are available for inspection by appointment only via; A&L Goodbody, 6th floor, Fountain Street, Belfast, BT1 5EF Contact: Anne Donnelly Tel: adonnelly@algoodbody.com Joint Agent Colliers International and Simon Brien Residential gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International or Simon Brien Residential has any authority to make any representation or warranty whatsoever in relation to this property. Colliers International is the licensed trading name of Colliers Belfast Limited. Company Registered in Northern Ireland No. NI Registered Office: 25 Talbot Street, Belfast, BT1 2LD. Simon Brien Residential is the trading name of Simon Brien LLP Registered in Northern Ireland No. NC

4 TENANCY SCHEDULE PROPERTY TYPE SQ. M. AREA (SQ FT) LEASE EXPIRY EPC RENT (PER MONTH) RATES 2016 No. 1 Townhouse 176 1, Vacant C72 0 1, No. 2 Townhouse 176 1, Vacant D67 0 1, No. 3 Townhouse 176 1, Vacant D59 0 1,15185 No. 4 Townhouse 192 2, Vacant E41 0 1, No. 5 Townhouse 190 2, Vacant C70 0 1, No. 6 Townhouse 176 1, Vacant C69 0 1, No. 7 Townhouse 176 1, Overholding D , No. 8 Townhouse 176 1, Vacant D66 0 1, No. 9 Townhouse 176 1, Vacant F37 0 1, No. 10 Townhouse 190 2, Vacant E41 0 1, No. 11 Townhouse 192 2, Vacant D61 0 1, No. 12 Townhouse 176 1, Overholding D , No. 13 Townhouse 176 1, Overholding C , No. 14 Townhouse 176 1, Overholding D , No. 15 Townhouse 176 1, Overholding C , No. 16 Townhouse 190 2, Vacant D64 0 1, No. 17 Townhouse 190 2, Vacant E42 0 1, No. 18 Townhouse 176 1, Vacant D65 0 1, No. 19 Townhouse 176 1, Vacant D66 0 1, No. 19a Townhouse Vacant D No. 20 Townhouse 176 1, Vacant F35 0 1, No. 21 Townhouse 176 1, Vacant F35 0 1, No. 22 Townhouse 176 1, Vacant E39 0 1, No. 23 Townhouse 176 1, Vacant F37 0 1,151.85

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