117 University Street Ormeau Road , Belfast , Co. Antrim , BT7 1HP

Apartment

NOW GONE!

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Status: Now Gone! Apartment

Photo 1 of 117 University Street, Ormeau Road, Belfast

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Key Information

Style	Apartment
Status	Now Gone!
Heating	Gas

Features

Exclusive Development of 9 purpose built self contained Apartments
8 no.three Bedroom Apartments and 1 no. two Bedroom Apartment
Popular University Area Location for Prospective Tenants
Gross Annual Rental Income of £91,000 (2020/2021).
Passenger Lift Access to all floors.
Gas Heating, double glazing.

Additional Information

117 University Street, Belfast is an excellent investment opportunity to acquire a modern block of 9 recently built self contained Apartments.
Situated just off the popular University Road in South Belfast, this development boasts 8 no. 3 Bedroom apartments and 1 no. 2 Bed apartment which are without doubt some of the most popular properties available for Professionals and Students in the area.
Typically each apartment comprises of 3 Spacious Double Bedrooms, 2 Modern Shower Rooms, an Open Plan Kitchen and Dining Area and Spacious Entrance/ Hallway. All bedrooms are carpeted, while all other areas are tiled.

Integrated Appliances in all Units including Undercounter Fridge, Dishwasher, and Washer Dryer.

- Gas Heating (Underfloor) and Double Glazing Throughout.
- Lift Access to All Floors.
- Bin Store Located to Rear of Development.
- CCTV
- Intercom Entry System

Apartment 1 - 3 Bedroom Ground Floor
- £900.00 pcm
Leased 1/09/2020 to 31/08/2021

Apartment 2 - 2 Bedroom Ground Floor
- £600.00 pcm
Leased 1/08/2020 to 31/07/2021

Apartment 3 - 3 Bedroom First Floor
- £870.00 pcm
Leased 1/09/2020 to 31/08/2021

Apartment 4 - 3 Bedroom First Floor
- £900.00 pcm
Leased 1/08/2020 - 31/07/2021

Apartment 5 - 3 Bedroom Second Floor
- £870.00 pcm
Leased 1/10/2020 to 30/09/2021

Apartment 6 - 3 Bedroom Second Floor
- £870.00 pcm
Leased 1/09/20 to 31/08/2021

Apartment 7 - 3 Bedroom Second Floor
- £870.00 pcm
Leased 1/09/2020 to 31/08/2021

Apartment 8 - 3 Bedroom Third Floor
- £900.00 pcm
Leased 1/08/2020 to 31/07/2021

Apartment 9 - 3 Bedroom Third Floor
- £900.00 pcm
Leased 1/10/2020 to 30/09/2021

Annual Rental Income £91,000
Rates payable £7,715 per annum
Gross annual profit of £75,000.

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