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111 Lakelands, Craigavon, Co. Armagh, BT64 1AZ

House sale agreed by private treaty



  • Ideal Investment purchase
  • Rental income of £520 pcm
  • Long term tenant in place
  • Convenient location just 3 miles from the Lurgan Town Centre
  • Well kept, quiet residential development
  • Very rarely do properties come onto the market in Lakelands


The property is situated in the Craigavon area, located 3 miles from Lurgan and 4 miles from Portadown.

Lakelands is a residential development sitatuted around Craigavon Lake, accessed off the Lakeland Road.

Properties located around the edges of the lake benefit from lake views and very rarely come onto the market.

Full Description

Number 111 comprises of an end terrace, four bedroom townhouse over three storeys, with parking to the front and a garden at the side and rear.

The tenant has been in occupation for approximately 10 years and is on a rolling monthly tenancy.

Rent is currently £520 per calendar month. The property requires some cosmetic work internally.



    Entrance Hallway
    Wooden laminate flooring, painted walls and ceilings. Offers access to the living room/ dining room, kitchen, understairs cupboard and staircase.

    Sitting room/dining room 3.91m x 8.98m
    Full length room comprising the conservatory, living room and dining room. Wooden laminate flooring with painted walls and ceilings. Benefits from a full height and width conservatory window at the front of the room and patio doors opening onto the rear garden.

    Kitchen 3.02m x 3.12m
    Light oak coloured fitted kitchen with dark grey coloured countertops. Linoleum flooring with painted walls and ceilings.

    Understairs Storage cupboard 11.03m x 0.81m



    Large landing at the top of the stairs, leading to two bedrooms, linen cupboard and bathroom.

    Bedroom 1 3.62m x 3.26m
    Large bedroom at the rear of front of the house with painted walls and ceilings with carpeted floor.

    Bedroom 2 3.26m x 3.91m
    Large bedroom at the front of the house with painted walls and ceilings with carpeted floor.

    Bathroom 2.39m x 2.78m
    Bathroom with bath, W.C. and wash hand basin. Part painted, part tiled walls and ceilings with linoleum flooring.

    Linen cupboard 0.68m x 0.75m



    Bedroom 3 3.51m x 2.09m
    Large master bedroom at the rear of the house. Painted walls and ceilings with carpeted floor.

    Ensuite 2.38m x 2.09m
    W.C., shower and wash hand basin. Part painted, part tiled walls with linoleum flooring.

    Bedroom 4 3.35m x 3.94m
    Large bedroom at the front of the house. Painted walls and ceilings with carpeted floor.

    Energy Performance Certificate

    This property has an energy efficiency rating of: D63


    NAV £130,000
    Rates Payable (16/17) £1,059 P.A.

    Stamp Duty

    This will be the responsibility of the purchaser.


    We understand the property is held on a freehold basis.

    Asking Price

    Offers invited in the region of £110,000


    All prices, outgoings and rentals are exclusive of, but may be liable to, VAT


Contact Details

Address: Montgomery House, 29-33 Montgomery Street, Belfast BT1 4NX
Telephone: +44-2890-501501 or you can also email us at

Any intending purchaser(s) shall accept that no statement, description or measurement contained in any newspaper, brochure, magazine, advertisement, handout, website or any other document or publication, published by the vendor or by Lisney, as the vendor’s agent, in respect of the premises shall constitute a representation inducing the purchaser(s) to enter into any contract for sale, or any warranty forming part of any such contract for sale.  Any such statement, description or measurement, whether in writing or in oral form, given by the vendor, or by Lisney as the vendor’s agent, are for illustration purposes only and are not to be taken as matters of fact and do not form part of any contract.  Any intending purchaser(s) shall satisfy themselves by inspection, survey or otherwise as to the correctness of same.  No omission, misstatement, misdescription, incorrect measurement or error of any description, whether given orally or in any written form by the vendor or by Lisney as the vendor’s agent, shall give rise to any claim for compensation against the vendor or against Lisney, nor any right whatsoever of rescission or otherwise of the proposed contract for sale.  Any intending purchaser(s) are deemed to fully satisfy themselves in relation to all such matters.  These materials are issued on the strict understanding that all negotiations will be conducted through Lisney.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.