Units 1 &, 36 Soudan Street 1 of 18
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Units 1 &, 36 Soudan Street 18 of 18
Units 1 &, 36 Soudan Street 1 of 18
Units 1 &, 36 Soudan Street 2 of 18
Units 1 &, 36 Soudan Street 3 of 18
Units 1 &, 36 Soudan Street 17 of 18
Units 1 &, 36 Soudan Street 18 of 18
Units 1 &, 36 Soudan Street 1 of 18
Units 1 &, 36 Soudan Street 2 of 18
Units 1 &, 36 Soudan Street 3 of 18
Units 1 &, 36 Soudan Street 17 of 18
Units 1 &, 36 Soudan Street 18 of 18
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Units 1 &, 36 Soudan Street, Belfast, BT12 6LA

3 Bed Apartments

Offers Over £220,000

Property Overview

Status

For Sale

Style

Apartments

Bedrooms

3

Bathrooms

3

Receptions

2

Property Features

Tenure

Not Provided

Energy Rating

Heating

Gas

Property Financials

Stamp Duty

Rates

Not Provided

Typical Mortgage

Agent Logo

Contact Cairns & Co

+44 28 9073 8888

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Additional Information

An opportunity to acquire a fully income-producing two unit residential investment in the established Donegall Road area of Belfast, close to The Royal and City Hospitals and Boucher Road. The property comprises of two self-contained apartments within a converted mid-terrace building. Both units area currently let and generate a combined rental income of £19,740 per annum. Having been fully renovated in 2022, both flats are presented in a modern condition, with new gas fire central heating installed at the time and meeting all rental compliance standards on both gas and electrical safety. This asset provides the purchaser with an immediate income in two rental streams, reducing the single tenant risk and offering a straightforward, turnkey addition to any investor portfolio.


 


Asking price: Offers around £220,000 


 


Gross income: £19,740 


 


Yield: 8.97% at asking 


 


Gas heating and double glazing throughout 


 


Conversion and layout compliant with current rental regulations (documentation available). 


 


All EICR and Gas certificates in place 


 


2 x Fully self contained units with separate rear yards 


 


Fully tenanted with no voids since renovated 


 


No Short Term CapEx identified • Flat 1: £870 pcm. Flat 2: £775 pcm. 


 


Rent review due Summer 2026 presenting potential for income growth, leases periodic. 


 


Rates: £1,056 per annum (£528.00 per unit)


 


Fully managed by Agent


 


 


 


Accommodation Features:


 


Flat 1: Entrance hallway: PVC front door, tiled floor,


 


Lounge: Wood laminate flooring, blinds, (built in smoke detectors throughout building).


 


Modern fitted kitchen: High and low level units, Formica worktops, stainless steel feature sink unit with mixer taps, built in oven and ceramic hob, extractor hood, washing machine, fridge freezer, tiled flooring, spotlights.


 


Shower-room Shower cubicle with thermostatic shower. Vanity sink unit, low flush wc, tiled flooring, chrome hot towel rail.


 


Bedroom 1: Blinds, carpeting


 


Bedroom 2: Blinds, carpeting


 


 


 


Flat 2: Lounge: Wood laminate flooring, blinds, built in smoke detectors, open plan to;


 


Modern fitted kitchen: High and low level units, Formica worktops, stainless steel feature sink unit with mixer taps, built in oven and ceramic hob, extractor hood, washing machine, fridge freezer, tiled flooring, spotlights, rear access fire escape.


 


Cloaks: with wc and wash hand basin


 


Bedroom 1: Blinds, carpeting


 


Shower-room: Shower cubicle with thermostatic shower. Vanity sink unit, low flush wc, tiled flooring, chrome hot towel rail.


 


Outside: Forecourt to front, rear yard - separate one for each flat

Location

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Agent Accreditations

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Property For Sale in BT12 6LA | Property For Sale in BT12 | Property For Sale in Greater Belfast | Property For Sale in Belfast | Property For Sale in South Belfast | Property For Sale in The Village, Belfast | Property For Sale in Donegall Road Area, Belfast | Property For Sale in County Antrim | Cairns & Co *¹ Rates information is provided for guidance purposes only, as the information source is subject to change. Please check the LPSNI website for further detail. *² Stamp Duty Land Tax information is provided for guidance purposes only. Please check the UK Government website for further details (www.gov.uk). Higher amount applies when purchasing as buy to let or as an additional property.
Agent Logo

Contact Cairns & Co

+44 28 9073 8888

Similar Properties

  • Property For Sale in BT12 6LA | Property For Sale in BT12 | Property For Sale in Greater Belfast | Property For Sale in Belfast | Property For Sale in South Belfast | Property For Sale in The Village, Belfast | Property For Sale in Donegall Road Area, Belfast | Property For Sale in County Antrim | Cairns & Co *¹ Rates information is provided for guidance purposes only, as the information source is subject to change. Please check the LPSNI website for further detail. *² Stamp Duty Land Tax information is provided for guidance purposes only. Please check the UK Government website for further details (www.gov.uk). Higher amount applies when purchasing as buy to let or as an additional property.
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