3 Chlorine Gardens, Belfast, Antrim, BT9 5DJ
For Sale From £795,000 Convert to EUR
|Property Type:||Investment||Price:||From £795,000 Convert to EUR|
|Bedrooms:||-||Offer Status:||For Sale|
Chlorine Gardens is an attractive tree lined avenue which runs between Malone Road and Stranmillis Road, approximately 1.5 miles south of Belfast City Centre.
The area is a popular residential location due to its proximity to Queen’s University, City Hospital, Royal Victoria Hospital and the City Centre.
The property is sub-divided into 8 attractive self-contained apartments with car parking for 3-4 cars.
Each of the apartments was completely refurbished 4 years ago with the
installation of independent gas fired central heating, new kitchens and bathrooms plus uPVC double glazed windows. The property is HMO registered.
Apartment 1 (2 bedroom) 723 sq ft 67.14 sq m
Apartment 2 (2 bedroom) 606 sq ft 56.37 sq m
Apartment 3 (1 bedroom) 338 sq ft 31.53 sq m
Apartment 4 (1 bedroom) 477 sq ft 44.31 sq m
Apartment 5 (2 bedroom) 483 sq ft 44.87 sq m
Apartment 6 (1 bedroom) 256 sq ft 23.77 sq m
Apartment 7 (2 bedroom) 366 sq ft 33.96 sq m
Apartment 8 (2 bedroom) 406 sq ft 37.70 sq m
Total Net Internal Area 3,655 sq ft 339.65 sq m
We have been verbally advised by Land & Property Services that the property is subject to the following NAV’s:-
Ground Floor Flat £320,000
First Floor Flat £280,000
Second Floor Flat £250,000
Domestic Rate Poundage 2017/2018 - £0.007376 for Belfast District Council.
All 8 apartments are currently let fully furnished on short term 12 month agreements producing a total income of £52,620 per annum.
A portion of the roof is let to Hutchinson 3G UK Ltd and T Mobile (UK) Ltd for a telecommunications mast producing an income of £12,790 per annum.
Total Gross Rental Income - £65,410 per annum
Full Tenancy details available upon request.
Freehold or long leasehold subject to a nominal ground rent.
Offers in the region of £795,000, Subject to Contract
We are advised the property is not elected for VAT and VAT will not be payable on the purchase price.
Strictly by appointment through Campbell Cairns (Tel: 028 9024 9024).
ENERGY PERFORMANCE CERTIFICATES
Flat 1 - C73 Flat 5- C78
Flat 2 - C73 Flat 6 - C72
Flat 3 - C75 Flat 7 - C75
Flat 4 - C78 Flat 8 - C77
Location of 3 Chlorine Gardens, Belfast
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