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Property Link NI are delighted to introduce this beautifully presented HMO four bedroom property to the sales market. Situated within the vibrant Stranmillis area, which is convenient to many Local Amenities Including; Shops, Restaurants, Cafes and Public Transport. Queens university is also only a short distance away.
The property has been recently refurbished to an excellent standard and offers stylish living for five professionals or students alike. Benefiting from oil fired central heating and UPVC windows and front door. On the ground floor the home comprises of spacious entrance hallway leading to a ground floor bathroom with shower, one double bedroom and a beautifully styled spacious lounge further leading to a bright contemporary kitchen and lounge leading onto a well maintained yard area to the rear.
First floor comprises of three recently refurbished double bedrooms and a bathroom with bath suite fitted.
The property has a current HMO licence in place and conforms to HMO standard. HMO planning approval has also been applied for via Belfast city council. There is currently a company let in place until 30th June 2023 and the rental income is £1200.00, this let includes the company subletting rooms to professionals and maintaining the Property to an excellent standard of accommodation, they also complete all small maintenance callouts of up to £50.00 per callout.
This would be an excellent purchase for any investor and could achieve a rental amount of £1,500-1,600 per calendar month providing a yield of 8% once the current tenants vacates at the end of their tenancy.
Property Link (NI ) Ltd for themselves and for the Vendor or Lessor of this property whose Agents they are, give notice that the particulars are produced in good faith and are set out as a general guide only and do not constitute any part of a contract and no person in the employment of Property Link (NI) ltd has any authority to make or give any representation or warranty in relation to this property.
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*Note: Dataset is compiled by PropertyPal using data from the official NI House Price Index publication, released by Land & Property Services in conjunction with the Northern Ireland Statistics and Research Agency, and supplemented with data collected by PropertyPal. The NI House Price Index can be accessed here. The data has been cleansed to remove anomalies and statistical analysis undertaken by PropertyPal to comprise a backdated time series to 2005.
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