2 Bedroom Semi-Detached House for sale in Craigavon
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Investment Opportunity 2 Bedroom Semi-Detached Property, Lake Street, Lurgan
Cash Buyers Only
Attention developers, builders, and investors! This two reception room and two-bedroom semi-detached property, located on the sought-after Lake Street in Lurgan, offers a fantastic renovation project with significant potential for resale or rental income once modernised. The property requires full renovation to bring it up to current standards, but its prime location and existing planning approvals make it an exciting investment opportunity.
There was planning approval granted for extensions and alterations to the existing property on 19th September 2025 under reference LA08/2025/0596/F. In addition, a revised reduced-extension scheme was submitted to planners earlier this year and is expected to receive approval next week under reference LA08/2026/0068/F, offering flexibility for prospective purchasers depending on their plans and budget.
Property Features
• Driveway and Front Garden A private driveway and front garden add value and convenience to the property.
• Spacious Rear Garden A small yard leads to a generous rear garden, offering excellent outdoor space and future development potential.
• Renovation Potential The property provides a blank canvas for modernisation and value enhancement.
• Planning Approval in Place Existing and pending planning permissions add significant appeal for developers and investors.
• Prime Location Situated within walking distance of local schools, shops, and the scenic Lord Lurgan Park, making it attractive for both owner-occupiers and tenants alike.
Investment Potential
With the correct renovations and upgrades, this property offers strong potential for capital appreciation and rental return. The Lake Street area continues to experience strong demand for both sales and rental properties, making this an ideal project for cash buyers looking to maximise their return on investment.
Viewing by Appointment Only
Contact us today to explore this exciting opportunity and learn more about the potential of this Lake Street property. Opportunities with planning approval and this level of potential rarely stay on the market for long.
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Notice
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.
Property Ref: 1077938
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Kingham Property Specialists (Lurgan)
41 North Street, Lurgan, County Armagh, BT67 9AG
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