Added 1 day ago

Asking Price £220,000

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295 & 295A Newtownards Road

Belfast, BT4 1AG

3 Bed Apartments

Apartments

3 Bedrooms

2 Bathrooms

2 Receptions

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Marketed by Nicholas Residential

+44 28 9038 8383

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Property Information

Tenure:

Freehold

Heating:

Gas

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Additional Information
  • Excellent investment opportunity comprising two self-contained apartments on one title
  • One-bedroom ground-floor apartment and two-bedroom duplex over the first and second floors
  • Currently operated as successful short-term rental accommodation
  • Projected combined long-term rental income of £1,800 per month
  • Projected annual rental income of £21,600
  • Attractive gross rental yield of approximately 9.8% at the asking price
  • Refurbished in 2022, with Building Control completion certificate available
  • Furniture and appliances included in the sale
  • Two private off-street parking spaces, each with an EV charging point
  • Gas-fired central heating and offered for sale chain-free
An excellent investment opportunity comprising two self-contained apartments held on one title on the Newtownards Road in East Belfast. Both are presented to a high standard and currently operated as short-term rental accommodation.

295 is a one-bedroom ground-floor apartment with open-plan living, dining and kitchen space, a double bedroom and contemporary bathroom. 295a is a two-bedroom duplex over the first and second floors, with a living area, fitted kitchen with dining space, two bedrooms, bathroom and additional WC. Its refurbishment was completed in November 2022, with a Belfast City Council Building Control completion certificate available.

Both apartments have gas-fired central heating, with existing furniture and appliances included in the sale. Two private off-street parking spaces to the rear each have an EV charging point.

Anticipated combined long-term rent is approximately £1,800 per month (£21,600 annually), representing a projected gross yield of approximately 9.8% at £220,000, before costs and void periods.

Offered chain-free, this is an attractive opportunity to acquire two furnished apartments in a convenient East Belfast location.

Call 02890388383 to arrange your personal viewing today.
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Property For Sale in BT4 1AG | Property For Sale in BT4 | Property For Sale in Greater Belfast | Property For Sale in Belfast | Property For Sale in Newtownards Road Area, Belfast | Property For Sale in Albertbridge Road Area, Belfast | Property For Sale in Albertbridge Area, Belfast | Property For Sale in Ballymacarrett, Belfast | Property For Sale in East Belfast | Property For Sale in County Antrim | Nicholas Residential *¹ Rates information is provided for guidance purposes only, as the information source is subject to change. Please check the LPSNI website for further detail. *² Stamp Duty Land Tax information is provided for guidance purposes only. Please check the UK Government website for further details (www.gov.uk). Higher amount applies when purchasing as buy to let or as an additional property.