Key Features
Substantial investment property comprising three self-contained one-bedroom apartments
Fully let and generating an immediate rental income of £30,900 per annum
Individual rental incomes of £850 pcm, £825 pcm and £850 pcm currently
Attractive red-brick period property in a highly sought-after South Belfast location
Well-presented accommodation throughout with modern kitchens and bathrooms
Gas-fired central heating installed throughout the building
Strong rental history with proven tenant demand
Conveniently located within walking distance of the Ormeau Road, Botanic and Belfast City Centre
All rental & legal paperwork for each apartment can be provided
Ideal turnkey investment opportunity with potential for future rental growth subject to market conditions
Description
Substantial Investment Opportunity - Three Self-Contained One-Bedroom Apartments Producing £30,900 Per Annum
Occupying a prime position on North Parade, this attractive red-brick period property has been professionally converted into three self-contained one-bedroom apartments and is being offered for sale with all units currently let, providing an immediate rental income of £30,900 per annum.
The accommodation is well presented throughout and comprises three individual one-bedroom apartments, each offering bright and spacious living accommodation including a living room, fitted kitchen, double bedroom and bathroom. The apartments have been maintained to a good standard and benefit from gas-fired central heating.
Situated within walking distance of Ormeau Road, Botanic, Belfast City Centre and Queen´s University, the property enjoys strong tenant demand from young professionals and those seeking convenient access to the city´s key amenities, transport links, cafes, restaurants and parks.
This is an ideal opportunity for investors seeking an established income-producing asset in one of Belfast´s most sought-after rental locations.
Rental Income Currently.
Apartment 1: £850 pcm
Apartment 2: £825 pcm
Apartment 3: £850 pcm
Total Monthly Rental Income: £2,525 pcm
Total Annual Rental Income: £30,900 per annum
Accommodation Summary
Apartment 1
Living Room
Fitted Kitchen
Double Bedroom
Bathroom
Rates - £854 per annum
Apartment 2
Living Room
Fitted Kitchen
Double Bedroom
Bathroom
Rates - £854 per annum
Apartment 3
Living Room
Fitted Kitchen
Double Bedroom
Bathroom
Rates - £854 per annum
Contact us on 02890388383 to arrange your personal viewing.
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