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9 Rugby Road, Belfast BT7 1PS

Sale Agreed Offers Around £525,000
  • Let agreed Agreed
  • Apartment property Apartment
  • 7 bedroom property 7 Bedrooms
  • Price £525,000
  • Style Apartment
  • Bedrooms 7
  • Status Agreed

Features

  • Period Terrace Property Converted into 5 Apartments in a Tree Lined Avenue in Queens Quarter
  • Currently Fully Let With an Annual Income of Approx £32,000.00 per annum, With Potential to Increase Income
  • Three One Bedroom Apartments and Two Two Bedroom Apartments
  • Economy 7 Central Heating and PVC Double Glazed Windows Throughout
  • Gated Car Parking to Rear
  • Prime Location Close to Queens University and Belfast City Centre

Description

This attractive end of terrace property is located in a convenient and easily accessible location with Queens University literally on your doorstep and Botanic within a few minutes walk, with all its social and recreational amenities as well as Belfast City Centre.

The property comprises of three, one bedroom apartments and two, two bedroom apartments each apartment enjoys Economy 7 central heating and PVC double glazing. There is also gated parking to the rear.

The apartment block offers an excellent investment opportunity with potential to increase the excisiting rental income of approx £32,000.00 per annum.

Recent demand for this type of investment in this area has been high, we therefore recommend early viewing.

Accommodation

  • Ground Floor

  • Communal Entrance Hall

  • Apartment One

  • Entrance Hall

    Built in hotpress.

  • Living Room - 5.72m (18'9) x 4.09m (13'5) (into bay) at widest point

  • Dining Kitchen - 3.38m (11'1) x 2.51m (8'3) at widest point

    Range of high and low level units with Formica worktop surfaces. Single drainer stainless steel sink unit with mixer taps. Freestanding electric cooker, extractor fan over, plumbed for washing machine.

  • Bathroom

    Panelled bath with electric shower over. Low flush W.C. Vanity wash hand basin. Extractor fan.

  • Bedroom One - 3.43m (11'3) x 2.92m (9'7) at widest point

  • Apartment Two

  • Entrance Hall

    Walk in storage cupboard. Laminate flooring.

  • Living Room - 4.67m (15'4) x 4.42m (14'6) at widest point

    Laminate flooring.

  • Kitchen - 3.48m (11'5) x 2.21m (7'3) at widest point

    Range of high and low level units with Formica worktop surfaces. Single drainer stainless steel sink unit with mixer taps. Freestanding electric cooker, extractor fan over, plumbed for washing machine.

  • Bedroom One - 3.43m (11'3) x 3.12m (10'3) at widest point

    Laminate flooring.

  • Shower Room

    Walk in shower cubicle low flush W.C. Pedestal wash hand basin. Extractor fan. Built in shelved hotpress.

  • First Floor

  • Landing

    Access to roofspace.

  • First Floor Front

  • Apartment Three

  • Entrance Hall

    Built in hotpress.

  • Living Room - 4.39m (14'5) x 4.17m (13'8) at widest point

  • Dining Kitchen - 3.53m (11'7) x 2.51m (8'3) at widest point

    Range of high and low level units with Formica worktop surfaces. Single drainer stainless steel sink unit with mixer taps. Freestanding electric cooker. Extractor fan over. Plumbed for washing machine.

  • Bedroom One - 3.53m (11'7) x 2.92m (9'7) at widest point

  • Bathroom

    Panelled bath with electric shower over. Low flush W.C. Pedestal wash hand basin. Part tiled walls. Extractor fan.

  • Bedroom Two - 3.76m (12'4) x 2.18m (7'2) at widest point

  • Apartment Four

  • Entrance Hall

    Built in hotpress.

  • Living Room - 4.67m (15'4) x 3.4m (11'2) at widest point

  • Kitchen - 3.18m (10'5) x 2.21m (7'3) at widest point

    Range of high and low level units with Formica worktop surfaces. Single drainer stainless steel sink unit with mixer taps. Freestanding electric cooker and extractor fan over. Plumbed for washing machine.

  • Bathroom

    Panelled bath with electric shower over. Low flush W.C. Pedestal wash hand basin. Part tiled walls. Extractor fan.

  • Bedroom One - 3.43m (11'3) x 3.1m (10'2) at widest point

  • First Floor Return

  • Apartment Five

  • Entrance Hall

    Built in hotpress.

  • Living Room - 3.84m (12'7) x 3.2m (10'6) at widest point

  • Bedroom One - 3.2m (10'6) x 2.95m (9'8) at widest point

  • Bedroom Two - 3.48m (11'5) x 2.97m (9'9) at widest point

  • Bathroom

    Panelled bath with electric shower over. Low flush W.C. Pedestal wash hand basin. Extractor fan.

  • Kitchen - 3.53m (11'7) x 2.01m (6'7) at widest point

    Range of high and low level units and Formica worktop surfaces. Single drainer stainless steel sink unit with mixer taps. Freestanding electric cooker and extractor fan over. Plumbed for washing machine.

  • Outside

    Paved forecourt to front and side.

    Gated covered car parking.

    Internal and external stores.

    Access to rear alley way.

  • Energy Performance Ratings

    Apartment 1 - Current 48E/Potential 59D

    Apartment 2 - Current 47E/Potential 60D

    Apartment 3 - Current 58D/Potential 68D

    Apartment 4 - Current 67D/Potential 74C

    Apartment 5 - Current 40E/Potential 56D

  • Rental Schedule

    Apartment 1: Current Rent £470pcm. Lease until April 2023.

    Apartment 2: Current Rent £625pcm. Lease until July 2023.

    Apartment 3: Current Rent £575pcm. Lease until June 2023.

    Apartment 4: Current Rent £500pcm. Lease on a month-month basis.

    Apartment 5: Current Rent £525pcm. Lease until February 2023.

  • Joint Agent: Mark Maguire and Co

    Telephone : 02890661215

    Email : mark.maguire@btconnect.com

Location

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Disclaimer: These 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.

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