Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · BT74 6EU
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Watters Property Sales via the iamsold Bidding Platform Please note this property will be offered by online auction (unless sold prior).
For auction date and time please visit iamsoldni.com. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
An excellent opportunity to purchase this well positioned - two-bedroom end-terrace bungalow, situated in a convenient residential location in Enniskillen.
The property offers comfortable single-storey accommodation and would make an ideal home/investment property for a variety of buyers, including those looking for easy-access living.
A property with excellent potential for an investor or anyone looking for a property with scope to add value.
Internally, the bungalow provides the convenience of single story living and comprises a welcoming living area, kitchen, two bedrooms, and a bathroom.
The interior has recently been painted, giving the property a fresh and bright feel throughout and providing a neutral backdrop for the new owner to make their own.
Outside, the property benefits from both a front, side and rear gardens with a boiler/ storage shed, the boiler and tank both have been replaced in recent years.
Key Features • Two-bedroom end-terrace bungalow • Convenient Enniskillen location • Comfortable single-storey living • Recently painted internally • Front rear and side gardens • Ideal for first-time buyers, downsizers or investors • Ready to move into • Viewing highly recommended Whether you`re looking for a property investment, or a comfortable bungalow to make your own, this property offers an excellent opportunity to acquire a home with genuine potential in Enniskillen.
Entrance Hall: 15` 9" x 2` 7" + 4` 2" x 2` 7" Family Living Room: 12` 5" x 12` 6" (Open fire) Kitchen/Dining: 11` 8" x 8` 4" Bedroom 1: 11` 6" x 10` 3" Bedroom 2: 7` 3" x 11` 9" Bathroom: 6` 2" x 6` 4" Shed: 6` 3" x 9` 7" Size: 54 sq.
metres EPC Rating: D58/C77 To VIEW or make a BID, contact Watters Property Sales or iamsold, Auctioneers Comments: This property is for sale under Traditional Auction terms.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, the buyer and seller must Exchange immediately, and Complete 28 days thereafter.
The buyer is required to make payment of a non-refundable Contract Deposit of 10% to a minimum of £6,000.00.
The buyer is also required to make a payment of a non-refundable, Buyer Administration Fee of 1.80% of the purchase price including VAT, subject to a minimum of £2,400.00 including VAT, for conducting the auction.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
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