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8 Bed Apartment Block

400 Ormeau Road

Knockbreda, Belfast, BT7 3HY

offers in the region of £700,000
  • Status For Sale
  • Property Type Apartment Block
  • Bedrooms 8
  • Receptions 8
  • Heating GFCH
  • Stamp Duty
    Higher amount applies when purchasing as buy to let or as an additional property
    £25,000 / £60,000*
  • Typical Mortgage
    Click price to use our mortgage calculator

Key Features & Description

Detached three storey investment property.
Six self contained one bedroom apartments.
Two self contained one bedroom duplex apartments to the rear.
Fully let with strong and consistent demand.
Convenient location close to Forestside Shopping Centre and Ormeau Road amenities.
Excellent public transport links to Belfast City Centre.
Close to Cherryvale and Ormeau Parks.
uPVC double glazed windows.
Gas fired heating.
On site parking.
Description
Detached three-storey property, currently arranged to provide six one-bedroom apartments, with two additional duplex apartments to the rear. The property benefits from on-site parking and is conveniently located close to Forestside Shopping Centre and the established shops, cafes and restaurants on the Ormeau Road.

Cherryvale and Ormeau Parks, offering extensive green space and leisure facilities, are nearby. Queen"s University Belfast is easily accessible, making the property appealing to the strong student rental market. With public transport providing access to Belfast City Center the property will also appeal to young professionals.

The property is fully let and currently produces an annual rental income in the region of £61,000, reflecting a secure, income producing investment, with an opportunity to increase revenue through renovation.

Property Location

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Mortgage Calculator

Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.

Directions

Located on the corner of Knockbreda Park and Ormeau Road

Contact Agent

Contact McQuoids

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400 Ormeau Road, Knockbreda, Belfast, BT7 3HY 400 Ormeau Road, Knockbreda, Belfast, BT7 3HY

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