3-bedroom terraced house · BT48 9QF
Listing removedListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wilsons Auctions has been instructed to sell this end-terrace property in the Creggan estate for via public auction.
Please note we are selling this property as 'Mortgagee Not In Possession' meaning the bank have not taken possession and we have not been provided with keys for viewings or internal photographs.
Any information provided has been obtained online and may not be accurate. The property, sized approx.
900 sqft, is now in a poor state of repair and will require renovation to bring it back up to a good habitable state. This property will be entered into auction on 30/07/2026.
Please enquire with your email address if you would like to receive a copy of the legal pack.
To register for the upcoming property auction, you will need to log-in to our website and manually enter the correct auction, which involves paying a £1,000 'bidder security' deposit.
You will then be required to complete and return our property registration form along with photographic ID and a utility bill to confirm your home address.
We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.
It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion.
If buying in a company name, please ensure to detail the company name on the registration form. Once the property is exchanged, the vendor could decline to accept any change.
Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.
All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which is normally 14 days.
For these reasons, it is suitable for cash buyers only.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About 20 Dunree Gardens, Creggan, Derry, BT48 9QF
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