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(Lot 19) 93-95 2 Sites At, Ravenhill Road &, 1B Ballarat Street, Belfast BT6

Guide price £450,000

17 Bed Apartment For Sale

Guide price £450,000

17 Bed Apartment For Sale

Time Sep 28 at 12:00 PM
Lot 19
Guide Price £450,000
Stamp Duty Calculate Stamp Duty
£7,500** (Based on being a First Time Buyer) Change
£10,000** (Based on being a Home Mover) Change
£23,500** (Based on being a Buy-To-Let Investor) Change
£23,500** (Based on being a Second Home Buyer) Change
Typical Mortgage
() deposit ( year term)
Style Apartment
Bedrooms 17
Status For sale
  • Additional Information
  • Schools
  • Area Price Tracker
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Additional Information

Features

  • A fantastic Opportunity to Acquire Two Adjacent Residential Development Sites
  • Both Sites have Full Planning Permission for a Combined Total of 17 x 1 Bedroom Apartments
  • Ravenhill Road Site Extends to 6,700 sq. feet / Ballarat Street Site Extends to 2,800 sq. feet
  • Estimated Sale Price of £120,000 per Apartment Once Finished to a High Standard
  • Located in this Hugely Popular and Prime Residential Area of Belfast
  • Within a Short Distance to Belfast City Centre & All Local Amenities
  • Potential to Install a Mast on Each Site Which Would Generate £3,000 Per Site a Year
  • All Plans Available Upon Request / Viewings by Appointment Through the Office

Additional Information

Full details can be found at:

https://brggibsonbelfastauctions.eigonlineauctions.com/lot/details/52674

93-95 Ravenhill Road, Belfast BT6 8DQ

A spacious, multifunctional commercial property which has attained full planning permission for the construction of 11 one-bedroom Apartments. Set in the prime & Popular Ravenhill Road area of Belfast, within close proximity to all local amenities such as Shops, Schools, Transport links and yet only a short walk to Belfast City Centre. The scheme has been designed to create a superb development opportunity within a stone’s throw from Belfast City which will appeal to a wide variety of potential purchasers.

The nature of the build is another addition to the regeneration of the area which has enjoyed huge investment given its location and ease of access to all major arterial routes in and out of a major city. Please further note that building control consent has been applied and paid for with drawings also available. ** The property is currently receiving rent to the sum of £1,125.00 per calendar month. **

Accommodation plan:
Ground Floor Front 39.4m2 (424 sq ft)
Ground Floor Middle 36.4m2 (392 sq ft)
Ground Floor Bins & Cycle Stores 36m2 (388 sq ft) 6.6% of total floor space
First Floor Front 48m2 (517 sq ft)
First Floor Middle 36.4m2 (392 sq ft)
First Floor Rear 37.3m2 (402 sq ft)
Second Floor Front 48m2 (517 sq ft)
Second Floor Middle 36.4m2 (392 sq ft)
Second Floor Rear 37.3m2 (402 sq ft)
Third Floor Front 48m2 (517 sq ft)
Third Floor Middle 36.4m2 (392 sq ft)
Third Floor Rear 37.3m2 (402 sq ft)
11No Apartments at 80.2% of total floor space
Circulation Space (Halls & Stairs) 72.4m2 (779 sq ft) 13.2% of total floor space

1B Ballarat Street, Off Ravenhill Road, Belfast BT6 8FU

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 most popular area, largely due to its close proximity to Belfast city centre, access to all main arterial routes, Ormeau Park and the many local amenities on offer nearby.

Given that this popular location is within walking distance of Belfast City Centre and 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 huge investment in the last 2 years. ** The property is currently receiving rent to the sum of £695.00 per calendar month. **

Legal documents:

https://legaldocuments.eigroup.co.uk/showbyid/1060056

Schools

Schools near BT6

VIEW SCHOOLS FINDER

Information obtained via the Education Authority website and via Freedom of Information requests. Visit our School Finder page for more information about transfer test grades/scores.

For more information visit The Transfer Tutor (Multi Award Winning App).

Area Price Tracker

in this area are forecast to by On Average Each Year until (PropertyPal Forecast 2019-2023)  
Total number of properties sold in this area* most popular out of areas in the wider council boundary (*Based on latest official transaction data to 2018)

Disclaimer

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This section has been prepared by PropertyPal for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this section without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this section.

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*Note: Dataset is compiled by PropertyPal using data from the official NI House Price Index publication, released by Land & Property Services in conjunction with the Northern Ireland Statistics and Research Agency, and supplemented with data collected by PropertyPal. The NI House Price Index can be accessed here. The data has been cleansed to remove anomalies and statistical analysis undertaken by PropertyPal to comprise a backdated time series to 2005.

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Property Statistics

Total Views

(since advertised)

1,230

Most Popular Ranking Today in

9th South Belfast (£400,000 - £500,000)

Listing Views

Date Views Unique Views Featured Published Bumped
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10th Sep 328 328 No Yes No
11th Sep 201 201 No Yes No
12th Sep 143 143 No Yes No
13th Sep 155 155 No Yes No
14th Sep 90 90 No Yes No
15th Sep 74 74 No Yes No
16th Sep 71 71 No Yes No
17th Sep 66 66 No Yes No
18th Sep 46 46 No Yes No
19th Sep 56 56 No Yes No

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