3 X One Bed Apts, 34 North Parade

• Substantial investment property comprising three self-contained one-bedroom apartments
• Fully let and generating an immediate rental income of £29,700 per annum
• Individual rental incomes of £800 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

Substantial Investment Opportunity – Three Self-Contained One-Bedroom Apartments Producing £29,700 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 £29,700 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: £800 pcm
Apartment 2: £825 pcm
Apartment 3: £850 pcm

Total Monthly Rental Income: £2,475 pcm
Total Annual Rental Income: £29,700 per annum

Accommodation Summary

Apartment 1

Living Room
Fitted Kitchen
Double Bedroom
Bathroom

Apartment 2

Living Room
Fitted Kitchen
Double Bedroom
Bathroom

Apartment 3

Living Room
Fitted Kitchen
Double Bedroom
Bathroom

Contact us on 02890388383 to arrange your personal viewing.

As part of our obligations under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, all Estate Agents are required to verify the identity of purchasers involved in a property transaction.

To comply with these obligations, all purchasers will be required to complete Customer Due Diligence (AML) identity checks. These checks are carried out on our behalf by our trusted third-party provider, Thirdfort.

A charge of £15 + VAT per purchaser will apply.

Nicholas Residential have endeavoured to prepare these sales particulars as accurately and reliably as possible for the guidance of intending purchasers or lessees. These particulars are given for general guidance only and do not constitute any part of an offer or contract. The seller and agents do not give any warranty in relation to the property. We would recommend that all information contained in this brochure be verified by yourself or your professional advisors. Services, fittings and equipment referred to in the sales details have not been tested, and no warranty is given for their condition, nor does it confirm their inclusion in the sale. All measurements contained within this brochure are approximate. Please note that the electrics and appliances have not been tested, and no warranty is given.