11 Eia Street, Belfast, BT14 6BT
This fantastic investment opportunity offers the canny investor, immediate rental return in an area with great potential for growth, approx a 5 mins commute from the new University and City beyond.
These two individual self contained apartments have been superbly maintained and recently updated by the long term owners and offer a current rental income of £ 975.00 pcm with obvious opportunity to increase with the new university approx 1 mile away.
Flat 1, 11 Eia Street, Belfast, BT14 6BT - communal entrance hall with upgraded metre box and fire safety systems & offers 1 bedroom, lounge to separate contemporary kitchen with built-in appliances, bathroom with bath & separate wc and fire door access to rear yard. The property has pvc / mahogany double glazed windows, recent gas heating, significant damp proofing works and excellent energy efficiency with upgraded insulation. The property is currently rented at £ 450 pcm.
Flat 2, 11 Eia Street, Belfast, BT14 6BT offers duplex accommodation over first & second floors with spacious family bathroom with bath & separate shower, spacious contemporary kitchen with built-in appliances, bright lounge & 3 double bedrooms - ideal accommodation for the HMO investor. The property benefits from pvc / mahogany double glazing, recent gas heating, excellent energy efficiency and access to rear fire escape via the first floor. Flat 2 is currently rented at £ 525.00 pcm
These very well maintained and recently updated units offer an approx yield of 7.8% with obvious potential for growth. The individual rateable values / addresses offer flexibility and this combined with the potential for growth less than a mile to the new University makes nos 11 a great opportunity for the canny investor - early viewing is recommended.
- Fantastic investment opportunity 5 mins from new University
- Currently producing £ 975 pcm, approx 7.8% yield
- Double glazing,recent gas heating, wiring, smoke alarms, dpc
- High standards of insulation & energy efficiency
- Individual addresses offer flexibility to the canny investor
- Excellent investment - obvious potential for future growth
Communal entrance hall
Metre boxes, fire alarm
Flat 1, 11 Eia Street
Bedroom 1 - 4.04m (13'3) into bay x 3.35m (11')
Wood laminate flooring
Lounge - 3.25m (10'8) x 3.23m (10'7)
Wood laminate flooring
Kitchen - 3.71m (12'2) x 2.44m (8')
Excellent range of contemporary high and low level units,l single drainer steel sink unit with mixer taps, formica work tops, built-in under oven and hob, plumbed washing machine, stainless steel extractor canopy, partial wall tiling, ceramic tiled floor, fire door to rear yard
Rear lobby to White suite comprising panelled bath, pedestal wash hand basin, partially tiled walls, ceramic tiled floor
Separate wc - Low flush wc
Flat 2, 11 Eia Street
Entrance hall - access to fire escape
Spacious family bathroom with panelled bath, separate shower, low flush wc, pedestal wash hand basin, partially tiled walls, ceramic tiled floor
Kitchen - m (') x 3.43m (11'3)
Excellent range of contemporary high and low level units,l single drainer steel sink unit with mixer taps, formica work tops, built-in under oven and hob, plumbed washing machine, stainless steel extractor canopy, partial wall tiling, ceramic tiled floor
Lounge - 5.03m (16'6) x 3.43m (11'3)
Bright reception with laminate flooring
Bedroom 1 - 2.74m (9') x 2.21m (7'3)
Bedroom 2 - 3.28m (10'9) x 2.9m (9'6)
Bedroom 3 - 4.8m (15'9) x 3.38m (11'1)
Flat 1 EPC 67/69 - 68/70
Flat 2 EPC 68/70 - 64/67
Please note that PINPOINT have not tested the services or systems in this property. Purchasers should make/commission their own inspections as required including all HMO/planning/building control requirements prior to purchase - all yields quoted are as guide only.
* Click boxes to display surrounding locations
- Property Value
- Loan Amount
- Int. Rate
- Term (Yrs)
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.