Price Offers around £385,000
Stamp Duty Calculate Stamp Duty
£4,250** (Based on being a First Time Buyer) Change
£9,250** (Based on being a Home Mover) Change
£20,800** (Based on being a Buy-To-Let Investor) Change
£20,800** (Based on being a Second Home Buyer) Change
Typical Mortgage
() deposit ( year term)
Style Apartments
Bedrooms 12
Bathrooms 3
Heating Gas
Status For sale

Contact the Agent

Anthony Jamieson Estate Agents

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Additional Information

Features

  • Superb Investment Opportunity
  • Substantial Victorian Conversion Consisting of 12 Bedsits
  • Two Communal Kitchens
  • Three Bathrooms
  • Full HMO Status
  • All Relevant Certificates Up To Date
  • Gas Fired Central Heating
  • Double Glazing Throughout
  • Off Street Parking
  • Annual Rental Income of £45,000
  • Located on The Popular Ormeau Road

Additional Information

This substantial detached Victorian period property has been sympathetically divided into twelve separate bedsits. Its location on the popular Ormeau Road, within close proximity to Queens University and Belfast City Centre make it an ideal investment opportunity. Set over three floors the 12 bedsits share two communal kitchens and three bathrooms. The accomodation has been maintained to a high standard, is well presented and in good repair. The property has full HMO status, complies with all health & saftey conditions and fire regulations (including quarterly inspections). 

Each bedsit commands an average monthly rent of £300 thus returning £45,000 a year and each bedsit is let on a monthly basis and maintains a 100% occupation rate.  Anuall costs can be provided.

 

Ground Floor

Hardwood front door leading to communal entrance hall:

KITCHEN: High & low level units, laminate work top, stainless steel sink, electric oven/hob and tiled floor.

BEDROOMS: Four separate bedsits carpeted/laminate flooring.

TOILET: Low flush WC, pedestal wash hand basin & tiled floor..

BATHROOM: Bath with electric shower over & tiled floor.

 

First Floor

BEDROOMS: Five separate bedsits

TOILET: Low flush WC, pedestal wash hand basin & tiled floor.

SHOWER ROOM: Separate shower cubicle & tiled floor.

 

Second Floor

KITCHEN: Low level units, laminate work top, stainless steel sink, electric oven, extractor fan and laminate flooring.

BATHROOM: Bath with electric shower over & tiled floor.

TOILET: Low flush WC, pedestal wash hand basin and tiled floor.

 

Outside

Front driveway with off street parking.

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Property Statistics

Total Views

(since advertised)

2,391

12th Most Popular Ranking Today in

South Belfast (£300,000 - £400,000)

Listing Views

Date Views Unique Views Featured Published Bumped
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12th Nov 56 56 No Yes No

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