St Thomas Hall, Apts. 1 - 17, 138a Lisburn Road

Fully refurbished, self-contained block of 17 no. apartments comprising:

• 10 no. one-bedroom apartments

• 7 no. two-bedroom apartments.

Four 1-bed apartments and one 2-bed apartment on the ground, first and second floors.

Two spacious 2-bedroom penthouse apartments occupying the top floor, each benefiting from a private terrace with ample space for seating and stunning views across Belfast city.

Freehold investment property.

The property has been fully refurbished to a high standard and is immediately ready for the rental market or individual disposal, offering a turnkey opportunity for investors or owner-occupiers.

Individual air-source heat pumps provide electric heating to each apartment, complemented by double-glazed windows throughout.

Potential to add additional rooftop apartment pods, subject to obtaining the necessary planning consent.

Includes communal garden area to the rear of the property, incorporating dedicated bike and bin storage facilities.

Exceptional South Belfast location close to Queen's University, Belfast City Hospital and a wide range of amenities.

Prime Residential Investment Opportunity
Situated on the highly sought-after Lisburn Road, St. Thomas Hall presents a rare opportunity to acquire a substantial, residential investment in one of Belfast's most established and desirable rental locations.

This is a unique opportunity to purchase a modern, self-contained block of 17 apartments with communal gardens alongside dedicated bike and bin store areas. All the apartments have recently been fully renovated and upgraded and are immediately available for the rental market, or for the individual sales market.

There is immediate rental demand with few opportunities available on the market and obvious future rental growth potential in the future.

Works Carried Out
Fully recarpeted and new vinyl flooring throughout
New or fully serviced windows
Refurbished Kitchens
Full Repainting throughout
Installation of new electric radiators
Fully serviced air-source heat pumps
All M&E fully serviced and tested
* alongside a range of other improvements

Location
Occupying a prominent position on the Lisburn Road, one of Belfast's premier residential and commercial thoroughfares, St. Thomas Hall benefits from excellent connectivity to Belfast City Centre and the wider road network.
The area continues to attract strong demand from both professional and corporate occupiers, supported by an abundance of restaurants, cafés, retail outlets and healthcare facilities within walking distance. The subject is conveniently located within walking distance of Queens University, the Royal & City Hospitals and the City Centre.

Profile
The property is set over 4 floors, there are four 1-bed and one 2-bed apartments on the ground, first and second floors, alongside two spacious 2-bedroom penthouse apartments.
This offers an attractive and well-balanced unit mix. The apartments are generously sized and finished to a high standard throughout.
We have spoken to a reputable rental agency who have provided a breakdown of potential rental income. We also have a note of individual apartment values should the shrewd purchaser wish to sell any individual units in time, for further details, please contact the agent.

Proposal
Offers are invited over £3,250,000 exclusive.

VAT
VAT will be payable if chargeable.

Stamp Duty
Any Stamp Duty Land Tax and associated acquisition costs will be the responsibility of the purchaser.

Further Information
Copies of the lease documentation and additional due diligence information are available upon request.

EPC
We have a full list of individual Energy Performance Certificates for each apartment. For further information, please contact the agent.

Anti Money Laundering
The proposed purchaser will be required to provide certain identification documents. These will be confirmed to and requested from the successful purchaser at the point of agreeing Heads of Terms.
Please contact us at your convenience to discuss this important opportunity.
David Menary
Tel: 07775 557 090
Email: [email protected]

Directions

St. Thomas Hall is positioned between Eglantine Avenue and Wellesley Avenue on the Lisburn Road.