DESCRIPTION

The subject portfolio of 15 no. 2 bedroom apartments are all located within the College Court Central apartment development which was completed in c.2009. A number of apartments have been sold and rented privately since construction. The 15no. 2 bed apartments which are available are arranged over floors 1-5 and benefit from lift access.

The apartments are being offered for sale as a single lot and with vacant posession.

Typical overheads associated with each apartment include:

Service Charge: £ 1,316.00 p.a.
Insurance: £ 286.90 p.a.
Average Rates Payable: £ 602.48 p.a.
Ground Rent: £ 316.48 p.a. 

 

TITLE

 

We understand that the property is held long leasehold for a period of 750 years subject to a ground rent of £316.48 per annum per apartment (Reviewed Annually in line with RPI).

 

GUIDE PRICE

We are seeking offers over £1,725,000 exclusive for the portfolio as a single lot. Reflecting £115,000 per apartment.

 

FURTHER INFORMATION
For more information or to arrange a viewing please contact:

Mark Riddell
07920 186523
mark@riddellmckibbin.com

Martin McKibbin
07715 269699
martin@riddellmckibbin.com

 

Riddell McKibbin
3rd Floor
7-11 Linenhall Street
Belfast
BT2 8AA
028 9531 3122
www.riddellmckibbin.com

 

Property Ref: RM0089

 

 

Please note that we have not tested the services or systems in this property. Purchasers should make/commission their own inspections if they feel it is necessary. Photographs are reproduced for general information and it must not be inferred that any item is included for sale with the property. (NB. All measurements are approximate) 

 

Riddell McKibbin Limited for themselves and for the Vendors or Lessors of the property whose agents they are give notice that; i) these particulars are given without responsibility of Riddell McKibbin Limited or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; ii) Riddell McKibbin Limited cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; iii) no employee of Riddell McKibbin Limited has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; iv) VAT may be payable on the purchase price and/or rent, all figures are quoted exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; v) Riddell McKibbin Limited will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.