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Nos. 11A & 11B Eia Street, Belfast, BT14 6BT

Offers Around £149,950
  • Sale
  • 4 Bedrooms
  • 2 Receptions
  • Apartment
  • Price £149,950
  • Style Apartment
  • Bedrooms 4
  • Receptions 2
  • EPC Rating D67 / C69
  • Status For Sale
Pinpoint Office Telephone
028 9068 2777
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Description

Pinpoint Property are delighted to offer for sale this fantastic opportunity to acquire a period terrace property which has been converted into two self-contained apartments by the current owners. Both apartments are currently let out to long term tenants, guaranteeing the canny investor an immediate rental return in a long established and sought-after area with a host of local amenities, and easy access to Belfast City centre and all major road networks.

Apartment 1, 11a Eia Street, Belfast, BT14 6BT - Accommodation briefly comprises; Good sized lounge, kitchen with range of high and low level units and built-in appliances, double bedroom, bathroom with white suite and separate w/c. Other benefits include PVC double glazed windows, Gas heating, damp proof course, extensive insulation, and access to a rear yard via the kitchen. Apartment 1 is currently rented at £450 pcm.

Apartment 2, 11b Eia Street, Belfast, BT14 6BT - Accommodation over first & second floors briefly comprising good sized lounge with wood laminate flooring, modern kitchen with range of high and low level units and built in appliances, 3 double bedrooms and a spacious family bathroom with bath & separate shower - ideal accommodation for the HMO investor. Further benefits include PVC Mahogany double glazed windows, gas heating and access to rear stairs via the first floor. Apartment 2 is currently rented at £525.00 pcm.

This superb property offers an approximate combined yield of 7.8% with obvious potential for growth subject to relevant rent reviews. The individual rateable values / addresses offer flexibility, and this combined with the potential for growth less than a mile to the new University makes Number 11 Eia Street an unmissable opportunity for the canny investor ¿ early viewing is therefore recommended.

Features

  • 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

Room Details

  • Communal entrance hall

    Metre boxes, fire alarm

  • Flat 1, 11 Eia Street

    Entrance porch

  • Bedroom 1 - 4.04m (13'3) into bay x 3.35m (11')

  • Lounge - 3.25m (10'8) x 3.23m (10'7)

  • 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

  • Bathroom

    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

  • Family bathroom

    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)

    Good sized lounge with wood laminate flooring

  • 2nd floor

  • 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)

    Wood laminate flooring

  • Outside

    Rear Yard

    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.

Location

* Click boxes to display surrounding locations

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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.

Nos. 11A & 11B Eia Street, Belfast, BT14 6BT
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Nos. 11A & 11B Eia Street, Belfast, BT14 6BT, Belfast Nos. 11A & 11B Eia Street, Belfast, BT14 6BT, Belfast
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Nos. 11A & 11B Eia Street, Belfast, BT14 6BT, Belfast Nos. 11A & 11B Eia Street, Belfast, BT14 6BT, Belfast
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Nos. 11A & 11B Eia Street, Belfast, BT14 6BT, Belfast Nos. 11A & 11B Eia Street, Belfast, BT14 6BT, Belfast
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