Key Information
| Style |
Apartment
|
| Status |
For sale
|
| Price |
POA
|
| 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.
Description
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.
