Each property is let on fixed term leases which automatically become periodic once the fixed term expires. The table below set out the current rent and lease terms.
We have managed the properties for over 5 years and can provide an insight to annual outgoings, voids, tenant profiles and repairs.
26 Lisburn Road let at £1,000 per month until 31/8/2021 28 Lisburn Road let at £1,100 per month until 31/7/2021 30 Lisburn Road let at £1,100 per month until 31/7/2021 32 Lisburn Road let at £1,150 per month until 30/6/2021
We have following this year discovered that demand for these properties remained strong we believe this is due to the superb location close to the city centre, city hospital is opposite and the close proximity to Queens Universities main campus.
With a gross annual rental income of £52,200 per annum exclusive this represents a gross yield of 5.8%.
In addition we believe this block may at some point in the future lend itself to redevelopment in a range of potential uses.
Any interested party should contact this office to arrange a viewing and further information if required.
Purchasers should make/commission their own inspections if they feel it is necessary.
As part of the new money laundering regulations, it is necessary that any party interested upon making an offer on the property will be required to provide photographic ID, utility bills and proof of funds.
Early viewing is highly recommended as we expect demand to be high viewings are by appointment only so please contact us on 028 90 683 711 or email firstname.lastname@example.org
Please do not forget to register on www.douglashuston.com to receive special offers and alerts on property about to come on the market.
Status: For Sale
Offers Over: £900,000
Stamp Duty: £20,000*
* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.