(Lot 17) Residential Development Site At, 1B Ballarat Street, Belfast BT6 8FU

Guide price £125,000

Building Site (with FPP) For Sale

Guide price £125,000

Building Site (with FPP) For Sale

Time Jul 20 at 10:00 AM
Lot 17
Guide Price £125,000
Style Building Site
Status For sale
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Additional Information

Additional Information

EXCELLENT RESIDENTIAL DEVELOPMENT OPPORTUNITY

FULL PLANNING PERMISSION GRANTED

PLANNING PASSED FOR 6 x 1 BED APARTMENTS

PLANNING REF: LA04/2019/0999/F

PRIME RESIDENTIAL AREA IN BELFAST

CLOSE PROXIMITY TO BELFAST CITY CENTRE

ESTIMATED SALE PRICE PER APARTMENT WHEN FINISHED £120,000

SITE EXTENDS TO CIRCA 2,800 SQ. FT.

EXISTING BUILDING CURRENTLY OCCUPIED BY A GYM

GENERATING £820 PCM IN RENTAL INCOME

This fantastic development site has Full Planning Permission granted for the construction of 6 x 1-bedroom apartments. Located just off the Ravenhill Road which has become a very popular area due to its close proximity to Belfast City Centre and easy access to all main arterial routes. Ormeau Park and many local amenities are on offer nearby. 

Given that this popular location is within walking distance of Belfast City Centre, the demand for affordable housing in this area is extremely high. This development opportunity would represent a welcome addition to the area which has benefited from substantial investment over the last 2 years. The property is currently receiving rent in the sum of £820 per calendar month. Plans are available for inspection upon request.

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Property Statistics

Total Views

(since advertised)

3,519

Listing Views

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