Price Offers over £275,000
Style Investment Property
EPC Rating C64/C68
Status For sale

Contact the Agent

Simon Brien Residential (South Belfast)

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Additional Information

Additional Information

49 Ulsterville Avenue represents a superb re-development opportunity within a popular and desirable location for 6 No. 1 and 2 bedroom Apartments. The existing property is a 2 storey End Terrace previously occupied as a nursery. The property remains vacant.

 

In order to facilitate the re-development, the existing property requires demolition to allow for the construction of the proposed new purpose built Apartment development.

 

Based on current and forecast market conditions, we would envisage strong demand for the proposed Apartments on both a sale and rental basis. Increased rental income generation would also be possible through short-term rental opportunities.

 

The existing property comprises of the following accommodation:

 

GROUND FLOOR

 

Entrance Hall: - Understair storage

Living Room/Playroom 1: - 12’4” x 15’11” into bay

Dining Room/Playroom 2: - 11’2” x 14’3”

Kitchen: - 8’4” x 9’8”

WC (1)

WC (2)

 

FIRST FLOOR

 

Bedroom 1: - 15’11” x 10’11”

Study 1: - 9’2” x 6’4”

Study 2: - 8’10” x 6’4”

Bedroom 2: - 11’10” x 10’3”

Bedroom 3: - 9’9” x 9’9”

Bathroom - 8’10” x 5’11”

 

PLANNING

 

49 Ulsterville Avenue benefits from Full Planning Permission - Ref: LA04/2017/2109/F for the re-development of 6 No. one and two bedroom Apartments.

 

TERMS OF SALE

 

The site is being offered For Sale by Private Treaty.

 

The criteria required from interested parties in placing an offer must include:

 

- Confirmation of name and address of proposed purchaser

- Confirmation of offer level

- Any conditions pertaining to offer

- Proof of funds from Bank to confirm that adequate funds are available to complete the purchase at offer level

- Timescale to complete the purchase post acceptance of offer

- Confirmation of solicitor who will represent purchaser

 

PRICE

 

Offers Over £275,000

 

VAT

 

All prices, outgoings etc., are exclusive of VAT but may be subject to VAT.

 

TENURE

 

Assumed Freehold or Long Leasehold subject to nominal ground rents.

 

FURTHER INFORMATION AND VIEWINGS

 

To arrange a viewing, or for further information, including copies of Planning Permission and associated plans please contact:

 

Shane Maguire M.R.I.C.S.

Land & New Homes

Telephone: 028 9068 5316

Mobile: 07442 504259

Email: smaguire@simonbrien.com

 

Reid Thomas

Land & New Homes

Telephone: 028 9068 5314

Mobile: 07375 034378

Email: rthomas@simonbrien.com

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Property Statistics

Total Views

(since advertised)

595

Listing Views

Date Views Unique Views Featured Published
27th Aug 19 19 No Yes
28th Aug 13 13 No Yes
29th Aug 29 29 No Yes
30th Aug 24 24 No Yes
31st Aug 13 13 No Yes
1st Sep 10 10 No Yes
2nd Sep 11 11 No Yes
3rd Sep 5 5 No Yes
4th Sep 13 13 No Yes
5th Sep 9 9 No Yes
6th Sep 6 6 No Yes
7th Sep 18 18 No Yes
8th Sep 11 11 No Yes
9th Sep 9 9 No Yes
10th Sep 14 14 No Yes
11th Sep 9 9 No Yes
12th Sep 9 9 No Yes
13th Sep 12 12 No Yes
14th Sep 3 3 No Yes
15th Sep 5 5 No Yes
16th Sep 13 13 No Yes
17th Sep 12 12 No Yes
18th Sep 10 10 No Yes
19th Sep 15 15 No Yes
20th Sep 9 9 No Yes
21st Sep 4 4 No Yes
22nd Sep 4 4 No Yes
23rd Sep 3 3 No Yes
24th Sep 4 4 No Yes
25th Sep 13 13 No Yes

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