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This chain-free mid-terrace home presents an excellent opportunity for both investors and homebuyers seeking a well-appointed property in a highly convenient location. Situated adjacent to the Royal Victoria Hospital and close to St. Mary's University College, Boucher Road, and the bustling city center, this property offers unparalleled doorstep convenience.

Key Features:

Prime Location: Adjacent to the Royal Victoria Hospital and close to St. Mary's University College, Boucher Road, and Falls Road amenities.Three Bedrooms: Ample accommodation with three bedrooms on the first floor.Two Reception Rooms: Spacious living areas providing flexibility for entertaining and relaxation.Fitted Kitchen: Functional kitchen space with a range of high and low-level units.Downstairs Shower Room: Convenient additional bathroom facility on the ground floor.Upvc Double Glazing & Oil Fired Central Heating: Ensures comfort and energy efficiency.Excellent Transport Links: Close proximity to Glider service and wider motorway network.Enclosed Rear Yard: Outdoor space for potential leisure or storage.

Property Potential: While the property is offered for sale at £109,000, it would benefit from a cosmetic upgrade estimated at around £10,000 to enhance its appeal and value. Following renovation, this property has the potential to command a monthly rental income of £900, making it an attractive investment opportunity.

Yield Analysis: Purchase Price: £109,000 Cosmetic Upgrade: £10,000 Total Investment: £119,000

Monthly Rental Income: £900

Potential Annual Rental Income: £10,800

Gross Rental Yield: (Annual Rental Income / Total Investment) x 100 Gross Rental Yield: (10,800 / 119,000) x 100 ≈ 9.08%

Conclusion: With its desirable location, spacious layout, and potential for enhancement, this mid-terrace home represents a promising investment opportunity. The combination of doorstep convenience, proximity to amenities, and potential rental income makes it a compelling choice for investors or homebuyers seeking value and potential in the Belfast property market. Early viewing is recommended to seize this opportunity.

 

https://www.propertypal.com/61-broadway-belfast/941433

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Hi, I'm Barry Corscaden and I've worked in Residential Lettings, Sales and Property Management for 20 years during which I have�spent a lot of time sharing my thoughts and insights on the property market in Belfast. I have two decades' experience in letting homes to thousands of people. I've learnt that new, experienced and aspiring landlords alike appreciate honest, practical investment, sales and management advice, and I'm always happy to provide it.

So I have decided to write a blog. Every week I will bring you investment advice, landlord Q&A with an expert member of my team, and all the market information, insights, news and views a landlord could need to get the most out of Belfast's thriving, dynamic residential sales and lettings market.

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