This substantial apartment block is the perfect buy-to-let opportunity. Located on Malone Avenue, one of Belfast’s most popular streets, only minutes on foot from Queens University, City Hospital, Stranmillis teaching college and many popular shops, bars & restaurants.
Apartment blocks such as this are rarely available and always extremely popular with investors. There is a one bedroom apartment on the ground floor and a three bedroom apartment across the first and second floor. Both apartments benefit from spacious living rooms, separate kitchens and double bedrooms. The property has gas central heating and is in good order throughout.
Currently fully let and achieving £1,040 per month. There is also potential, with a little modernisation, to dramatically increase this return.
Terrace building comprising two self-contained apartments
One bedroom apartment on ground floor, three bedroom apartment on first and second floor
Fully tenanted, Flat 1 - £410pm; Flat 2 - £630pm
Gas central heating
Located in a prime rental area on the Lisburn Road
Potential to dramatically increase both rental & capital value