For Sale

Site at, 1B Ballarat Street, Belfast, Antrim, BT6 8FU

Guide Price

£125,000

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Image 1 of 9 Site at, 1B Ballarat Street, Belfast, Antrim
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Site with FPP

Auction information for this property

To be auctioned at Gogogone.com on

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  • features
  • description

features

  • EXCELLENT RESIDENTIAL DEVELOPMENT OPPORTUNITY
  • FULL PLANNING PERMISSION GRANTED
  • PLANNING PASSED FOR 6 x 1 BED APARTMENTS
  • PLANNING REF: LA04/2019/0999/F
  • PRIME RESIDENTIAL AREA IN BELFAST
  • CLOSE PROXIMITY TO BELFAST CITY CENTRE
  • ESTIMATED SALE PRICE PER APARTMENT WHEN FINISHED £120,000
  • SITE EXTENDS TO CIRCA 2,800 SQ. FT.
  • EXISTING BUILDING CURRENTLY OCCUPIED BY A GYM
  • GENERATING £820 PCM IN RENTAL INCOME

description


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 very popular area due to its close proximity to Belfast City Centre and easy access to all main arterial routes. Ormeau Park and many local amenities are on offer nearby. 


Given that this popular location is within walking distance of Belfast City Centre, 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 substantial investment over the last 2 years. The property is currently receiving rent in the sum of £820 per calendar month. Plans are available for inspection upon request.

Property Costs

  • Status: For Sale
  • Guide Price£125,000
  • RatesNot Provided
  • Stamp Duty: £0*

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

Housing Tenure

  • Type of Tenure: Not Provided

Mortgage Calculator

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£537.09 per month

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