56 King Street, Belfast, Antrim, BT1 6BZ
Description & Features
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.
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).
We are seeking offers over £1,725,000 exclusive for the portfolio as a single lot. Reflecting £115,000 per apartment.
For more information or to arrange a viewing please contact:
7-11 Linenhall Street
028 9531 3122
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.
- Portfolio of 15 no. 2 bed apartments
- Available as a single lot
- City Centre location
- Great opportunity to acquire city centre apartments within one block
- Sold with Vacant Possession
- Guide Price £1,725,000 exclusive for the portfolio as a single lot.
Type of Tenure
Location of 56 King StreetView Map
Costs to Consider
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