|Address||22 Stranmillis Park, Belfast|
|Price||Offers over £240,000|
Property Link NI are delighted to introduce this beautifully presented HMO four bedroom property to the sales market. Situated within the vibrant Stranmillis area, which is convenient to many Local Amenities Including; Shops, Restaurants, Cafes and Public Transport. Queens university is also only a short distance away.
The property has been recently refurbished to an excellent standard and offers stylish living for five professionals or students alike. Benefiting from oil fired central heating and UPVC windows and front door. On the ground floor the home comprises of spacious entrance hallway leading to a ground floor bathroom with shower, one double bedroom and a beautifully styled spacious lounge further leading to a bright contemporary kitchen and lounge leading onto a well maintained yard area to the rear.
First floor comprises of four recently refurbished double bedrooms and a bathroom with bath suite fitted.
The property has a current HMO licence in place and conforms to HMO standard. HMO planning approval has been approved reference number LA04/2021/1865/LDE. There is currently a company let in place until 30th June 2023 and the rental income is £1200.00, this let includes the company subletting rooms to professionals and maintaining the Property to an excellent standard of accommodation, they also complete all small maintenance callouts of up to £50.00 per callout.
This would be an excellent purchase for any investor and could achieve a rental amount of £1,500-1,600 per calendar month providing a yield of 8% once the current tenants vacates at the end of their tenancy.
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