Blog » Craigavon flat with £13.5k price tag

Craigavon flat with £13.5k price tag

A “fully liveable” flat is now the market for £13,500 – perfect for first-time buyers or investors.

Located in the Moyraverty Meadows area in Craigavon, this first floor, one bedroom property is fitted with PVC double glazed windows and Economy 7 heating. Demand for this residence is expected to be huge.

Julie McCrory, director of Kingham Property Specialists, mentioned that potential buyers will not have to carry out immediate repairs on the flat.

“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,” McCrory 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 comfortable flat consists of a lounge, dining room, kitchen, double bedroom and bathroom. This residence is located above a commercial unit in the Moyraverty Centre and is positioned along the main bus route. There is also easy access to the motorway leading to Belfast.

Craigavon Leisure Centre is within walking distance from the flat while Craigavon Lakes, a tranquil beauty spot, is a mere 1.5 miles away. Craigavon’s Rushmere Shopping Centre is also close by.

“The street itself has quite a bit of footfall because there is a school, shops and a community centre located on it,” McCrory added.

This is the second bargain residence to be listed by the Lurgan estate agents within the past few weeks.

A property on Lurgan’s Victoria Street went on the market for £15,000 this month. The large amount of interest pushed this price up with offers currently sitting at £24,000 despite the repair that is needed.

“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 residence is anticipated 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.”