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Investing in 6 Kimberley Street: A Promising Opportunity
Investing in real estate is an exciting journey, filled with possibilities and potential for growth. Today, I want to share with you a hidden gem nestled in the heart of Belfast - 6 Kimberley Street, Off Ormeau Road, Belfast, BT7 3DY.
Why 6 Kimberley Street is a Great Investment:
Location, Location, Location: Imagine living just off the vibrant Ormeau Road, with its bustling cafes, restaurants, and shops. This property offers not just a home, but a lifestyle. With easy access to Belfast City Centre and a host of amenities within walking distance, it's the perfect blend of convenience and comfort.
The Charm of Mid-Terrace Living: Step into 6 Kimberley Street, and you'll find yourself greeted by a sense of warmth and character. Spread across three floors, this mid-terrace house boasts four bedrooms, a spacious lounge, and a fully fitted kitchen. While it may need a bit of love and attention, the potential is undeniable.
Unlocking Potential: Priced at offers around £125,000, this property presents an incredible opportunity for savvy investors. With a post-refurbishment valuation of £160,000, there's ample room for appreciation. After refurbishment costs and taxes, your initial investment may total around £135,000. This translates to a potential profit of £25,000 upon resale.
Rental Income: Speaking of income, let's talk numbers. With a rental potential of £900 per month, this property offers a healthy return on investment. Considering your initial investment of £135,000, your gross rental yield would be approximately 8% annually. After factoring in expenses such as maintenance, insurance, and property management, your net yield could still be a solid 6-7%.
Your Gateway to Community: But investing in 6 Kimberley Street isn't just about numbers; it's about becoming part of a vibrant community. From friendly neighbors to local events and activities, there's always something happening around here. It's not just a property; it's a place to call home.
Conclusion:
In conclusion, 6 Kimberley Street is more than just a house; it's an investment in your future. With its prime location, potential for appreciation, and steady rental income, it's a decision you won't regret. So why wait? Take the first step towards securing your financial future and book a viewing today.
https://www.propertynews.com/property-for-sale/6-kimberley-street-belfast-bt7-3dy/property/GOCGOC11064/
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