Ivy House occupies a prominent corner location fronting onto Donegall Pass and Walnut Street, in South Belfast. Donegall Pass runs from Ormeau Road to Shaftesbury Square, a very popular and desirable business and residential location within short walking distance of the Linen Quarter, Gas Works Office Park and Belfast City Hospital.

Ivy House is a modern three storey apartment building constructed in 2016, comprising of no. 9 x 1-bed apartments and a ground floor office, extending to c. 706 sq ft. There are also two car parking spaces with the office.
The apartments are accessed from Walnut Street via an inviting and well-presented self-contained entrance with the benefit of a door intercom system and keypad access.
Each of the one-bedroom apartments are fully furnished to a very high standard and extend from approximately 376 sq ft - 581 sq ft.

The nine apartments are fully let on annual agreements, with a personal guarantee, producing a total gross income of £123,000 per annum. Each of the apartments are separately metered for gas heating and electricity. 

The ground floor office is currently occupied by the Vendor. As a condition of the sale, the Vendor will remain within the ground floor office and sign a 5-year lease, at a rent of £15,000 per annum, plus rates (£3,746.01).

The above provides for a gross income of £138,000 per annum or £11,500 per month.