For Sale

1B Ballarat Street, Belfast, BT6 8FU

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To be auctioned at BRG Gibson Auctions on

Location of 1B Ballarat Street


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  • features
  • description


  • A Fantastic Opportunity to Acquire a Residential Development Site
  • The Site has Full Planning Permission for a Total of 6 x 1 Bedroom Apartments
  • Site extends to 2,800 sq. feet
  • Estimated Sale Price of £120,000 per Apartment once Finished to a High Standard
  • Located in this Hugely Popular and Prime Residential Area of Belfast/ Within a Short Distance to Belfast City Centre & all Local Amenities
  • Potential to Install a Mast on the Site which would generate £3,000 Per Year


Building Site at 1B Ballarat Street, Off Ravenhill Road, Belfast BT6 8FU 


This fantastic development site has Full Planning Permission granted for the construction of 6 x 1-bedroom apartments. Located just off the Ravenhill Road, which has become a most popular area, largely due to its close proximity to Belfast City Centre, access to all main arterial routes, Ormeau Park and the many local amenities on offer nearby. Given that this popular location is within walking distance of Belfast City Centre and the demand for affordable housing in this area is extremely high. This development opportunity would represent a welcome addition to the area which has benefited from huge investment in the last 2 years. The property is currently receiving rent in the sum of £695.00 per calendar month. 


Property Costs

  • Status: For Sale
  • Guide Price£150,000
  • Stamp Duty: £500*

* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.

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£644.51 per month

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