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)

1,306

Listing Views

Date Views Unique Views Featured Published Bumped
19th Nov 14 14 No Yes No
20th Nov 6 6 No Yes No
21st Nov 9 9 No Yes No
22nd Nov 11 11 No Yes No
23rd Nov 4 4 No Yes No
24th Nov 8 8 No Yes No
25th Nov 4 4 No Yes No
26th Nov 3 3 No Yes No
27th Nov 10 10 No Yes No
28th Nov 14 14 No Yes No
29th Nov 9 9 No Yes No
30th Nov 13 13 No Yes No
1st Dec 5 5 No Yes No
2nd Dec 3 3 No Yes No
3rd Dec 1 1 No Yes No
4th Dec 6 6 No Yes No
5th Dec 8 8 No Yes No
6th Dec 3 3 No Yes No
7th Dec 7 7 No Yes No
8th Dec 10 10 No Yes No
9th Dec 5 5 No Yes No
10th Dec 4 4 No Yes No
11th Dec 7 7 No Yes No
12th Dec 4 4 No Yes No
13th Dec 5 5 No Yes No
14th Dec 5 5 No Yes No
15th Dec 8 8 No Yes No
16th Dec 11 11 No Yes No
17th Dec 9 9 No Yes No
18th Dec 6 6 No Yes No

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