Units 1 & 2, 1 Florenceville Drive, Ormeau Road, Belfast, County Antrim, BT7 3GY

Asking Price

£350,000

Typical Mortgage

per month

6 Beds

2 Receptions

Apartment Block

Gas Heating

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Description & Features

Purpose-Built Pair of Apartments on Ormeau Road
Ground Floor Two Bedroom Unit c. 418 sqft
First/Second Floor Four Bedroom Unit c. 915 sqft
Being Sold Together as '1 Florenceville Drive'
Currently HMO Registered (Licence Number 7658)
Potential Optimal Rent of £2,400 Per Calendar Month
Representing a Gross Yield of 8.74%
Recently Constructed Building Built c. 2000
Natural Gas Fired Central Heating
Fully uPVC Double Glazed Throughout
Close to a Range of Popular Local Amenities
Convenient to Transport Links for Belfast City Centre
Various Parks and Leisure Facilities Nearby
Viewing by Appointment Through Hampton Estates

A rare opportunity to buy a purpose-built pair of apartments in one of South Belfast's most popular locations with young professionals.

With ease of access to Belfast's city centre via public and private transport, the city commuter can get to or get home from work in under ten minutes.

Forestside Shopping Centre is just minutes' walk, offering a broad range of shops and amenities. Coffee shops, bars and restaurants are also nearby on the Ormeau Road, including Shed Bistro, General Merchants and Bengal Brasserie.

There is a good variety of leisure facilites in the area including Ormeau and Belvoir Park Golf Clubs, Cherryvale Playing Fields and Queens PEC.

The property is currently let on a room-by-room basis, with a potential optimal rental income of £2,550 per calendar month. This is broken down as follows:

Ground floor: £375 per month x2
First floor: £450 per month x2
Second floor: £400 & £500 (en suite) per month
Total: £2,550 per month

At £350,000, this provides a gross yield of 8.74%.

To arrange a private viewing at your convenience, contact Hampton Estates today on 028 9064 2888. Should you require a discreet valuation of your current property, free of charge, we would be happy to oblige.

Room Measurements

COMMUNAL ENTRANCE:: Hardwood front door to...
COMMUNAL ENTRANCE HALL:: Vinyl flooring, gas and electricity meter cupboards, separate inner doors to...
FLAT ONE ENTRANCE HALL:: Ceramic tiled floor.
KITCHEN/LIVING/DINING ROOM: 4.31m x 4.07m (14' 2" x 13' 4"): Range of high and low level fitted kitchen units with laminate work surfaces, single bowl stainless steel sink unit with chrome mixer tap and drainer, integrated under bench electric oven and four ring electric hob with concealed extractor fan over, plumbed for washing machine, space for under bench fridge-freezer, housing for gas boiler, tiled splashback, recessed spotlights, ceramic tiled floor, open plan to living and dining area with laminate wooden floor and feature wall lighting.
BEDROOM (1): 4.03m x 2.62m (13' 3" x 8' 7"): Laminate wooden floor, recessed spotlights.
BEDROOM (2): 3.06m x 2.39m (10' 0" x 7' 10"): Laminate wooden floor.
SHOWER ROOM: 3.05m x 1.52m (10' 0" x 5' 0"): White suite comprising low flush W.C., pedestal wash hand basin, walk-in fully tiled shower cubicle with thermostatic shower unit, extractor fan, part-tiled walls, ceramic tiled floor.
FLAT TWO ENTRANCE HALL:: Seagrass carpeted floor.
KITCHEN/LIVING/DINING ROOM: 6.17m x 4.33m (20' 3" x 14' 2"): (at widest points) Range of high and low level fitted kitchen units with laminate work surfaces, single bowl stainless steel sink unit with chrome mixer tap and drainer, integrated under bench electric oven and four ring ceramic hob with concealed extractor fan over, plumbed for washing machine, space for fridge-freezer, housing for gas boiler, tiled splashback, recessed spotlights, ceramic tiled floor, open plan to living and dining area with laminate wooden floor and feature wall lighting.
BEDROOM (1): 4.03m x 2.62m (13' 3" x 8' 7"): Laminate wooden floor.
BEDROOM (2): 3.06m x 2.38m (10' 0" x 7' 10"): Carpeted floor.
SHOWER ROOM: 3.05m x 1.52m (10' 0" x 5' 0"): White suite comprising low flush W.C., pedestal wash hand basin, walk-in fully tiled shower cubicle with thermostatic shower unit, extractor fan, ceramic tiled floor.
LANDING:: Velux style window, seagrass carpeted floor, double glazed uPVC door to roof terrace.
BEDROOM (3): 6.15m x 2.77m (20' 2" x 9' 1"): Velux style window, seagrass carpeted floor.
EN SUITE SHOWER ROOM:: White suite comprising low flush W.C., pedestal wash hand basin, walk-in PVC panelled shower cubicle with thermostatic shower unit, extractor fan, part-tiled walls, ceramic tiled floor.
BEDROOM (4): 3.02m x 2.39m (9' 11" x 7' 10"): Laminate wooden floor.
ROOF TERRACE:: Private roof terrace in pavers with metal railings.
REAR:: Enclosed rear yard with outside light and access to rear entry.