3 Chlorine Gardens, Belfast, Antrim, BT9 5DJ

For Sale From £795,000 Convert to EUR

Key Information

Property Type: Investment Price: From £795,000 Convert to EUR
Bedrooms: - Offer Status: For Sale
Receptions: - EPC Rating: -

For more information on this property call 028 9024 9024 or Email Agent

Contact the Agent

Campbell Cairns

3rd Floor, Belfast, BT1 4JD

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    Property Description

    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.

     

    ACCOMMODATION

    Ground Floor

    Apartment 1 (2 bedroom) 723 sq ft 67.14 sq m

    Apartment 2 (2 bedroom) 606 sq ft 56.37 sq m

     

    First Floor

    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

     

    Second Floor

    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

     

     

    NAV

    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.

     

    TENANCY DETAILS

    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.

     

    TITLE

    Freehold or long leasehold subject to a nominal ground rent.

     

    PRICE

    Offers in the region of £795,000, Subject to Contract

     

    VAT

    We are advised the property is not elected for VAT and VAT will not be payable on the purchase price.

     

    VIEWING

    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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    Contact the Agent

    Campbell Cairns

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