Craigavon flat on the market with price tag of just £13,500
Huge demand is expected for this "fully liveable" flat which has just gone on the market for £13,500 - perfect for investors or a first-time buyer.
The one bedroom, first floor property in the Moyraverty Meadows area of Craigavon, which comes fitted with PVC double glazed windows and Economy 7 central heating, is expected to be snapped up almost immediately.
Julie McCrory, director of Kingham Property Specialists, has reassured potential buyers that they will not have to worry about carrying out any immediate repair work.
"This flat is fully liveable and perfect for anyone seeking to buy to let - it's clean, tidy and presentable and is not in need of any essential repairs," she told the Belfast Telegraph.
"The market dictates that the area itself is not in demand but we expect very strong interest in this property which would also be perfect for a first-time buyer."
The cosy flat, comprising a double bedroom, bathroom, lounge, dining room and separate kitchen, sits above a commercial unit in the Moyraverty Centre and is conveniently located along the main bus route, with easy access to the motorway.
It's also within walking distance of Craigavon Leisure Centre and 1.5 miles from Craigavon Lakes - a popular beauty spot with walkers and cyclists - and Rushmere Shopping Centre.
"The street itself has quite a bit of footfall because there is a school, shops and a community centre located on it," Julie McCrory added.
The rock-bottom price dwelling is the second bargain to be advertised by the independent Lurgan-based estate agents within just a few weeks.
A property on Victoria Street in Lurgan went on sale for £15,000 earlier this month and sparked a bidding war.
Intense interest quickly pushed the price up, with offers currently sitting at £24,000, despite the property said to be in "major need of repair". "It's not unusual for very cheap properties to come on the market, but they are usually well spaced out - it could be years before we see another one like this."
The Victoria Street property is expected to be sold to one lucky buyer soon.
"I don't expect this flat to stay available for long so buyers will need to be quick off the mark."