Investment Opportunity - Apt`s 1 & 2, Castlereagh Street, Belfast, BT5 4NF
£155,000
Description & Features
Superb opportunity to purchase two self contained apartments, both are currently rented with a gross yield of over 9%. Located in a popular residential area only 10 minutes walk to the city centre. Local bus service on the door step, range of local shops and amenities including Tesco Castlereagh.
Ground Floor:- 1 Bedroom Apartment: Boasts a good sized kitchen/living dining room. Double bedroom. Bathroom Suite.
First/second Floor Duplex 2 Bedroom Apartment:- The accommodation is over two floors offering a fantastic layout. Lounge. White fitted kitchen. White bathroom suite. Two good sized double bedrooms.
Outside:- Good sized front fore court, rear yard and large garage with vehicular access.
The property construction is brick with overlaid render and slate roof covering. The property benefits from loft insulation. Mains electric, water and sewage and gas heating.
Ground Floor
Laminate wooden floor.
Apt 1 Ground Floor
Lounge/kitchen/dining room - 14'8" (4.47m) Max x 14'10" (4.52m) Max
Kitchen open plan to lounge dining room.
Fitted units in White space for appliances. Laminate wooden floor.
Bedroom 1 - 7'7" (2.31m) Max x 11'1" (3.38m) Max
Double room.
Rear hallway
Cupboard.
Back door.
Bathroom - 6'4" (1.93m) x 7'9" (2.36m)
White bathroom with panelled bath shower over bath, wc and wash hand basin.
Part panelled walls. Vinyl floor.
Apt 2 First & Second Floor Duplex
Lounge - 11'1" (3.38m) x 14'6" (4.42m)
Spacious living area.
Kitchen / dining area - 9'0" (2.74m) x 11'1" (3.38m)
Fitted kitchen in White space for appliances.
Wood effect flooring.
Bedroom 1 - 14'6" (4.42m) Max x 14'7" (4.45m) Max
Large double bedroom with dorma window.
Bedroom 2 - 9'0" (2.74m) Max x 11'5" (3.48m) Max
Double bedroom.
Velux window.
Bathroom - 6'4" (1.93m) x 7'8" (2.34m)
White bathroom with panelled bath shower over bath, wc and wash hand basin.
Part tiled walls. Vinyl floor.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Rates Payable
Belfast City Council, For Period April 2024 To March 2025 £700.55
Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: Mains Supply
Broadband: Cable
Telephone: Unknown
Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No
- Superb Two Self Contained Apartments
- Apt 1 Ground Floor 1 Bedroom
- Apt 2 First & Second Floor 2 Bedroom
- Gas Heating
- PVC Double Glazed Windows & Doors
- Gross Yield Over 9%
- Rear Yard & Garage
Housing Tenure
Type of Tenure
Leasehold
Ground Rent
Not Provided
A review period for ground rent has not been provided
Service Charge
Not Provided
A review period for service has not been provided
Length of Lease
Not Provided
Costs to Consider
Rates
Not Provided
Stamp Duty
£0*
Ground Rent
Not Provided
Service Charge
Not Provided
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