|Address||84 Rugby Road, Belfast|
|Price||Offers over £225,000|
Property Link is excited to bring to the market this beautifully presented 5 bedroom property with HMO planning in place LA04/2021/1864/LDE and current HMO licence in expiring in 2025, This property is an ideal investment opportunity for an investor looking for a HMO property in an excellent area , this property has a tenancy in place until 31 August 2024 and has a current rent of £1150 per month. There is potential to add value to this property and for a rental increase to approx. £1500 or more per month after the existing tenancy expires, which would increase the yield. The property may also appeal to a family looking for a property with lots of space and character in this very sought after area.
Situated on the outskirts of the bustling Holylands, the property is well positioned to take advantage of the surrounding areas with an abundance of bars, restaurants and supermarkets, within walking distance of the Botanic Gardens, Stranmillis and Queens University, as well as unbridled travel options in and out of Belfast City Centre.
The property itself is a large 3 storey Victorian End of terrace house with 5 bedrooms and 2 bathrooms, benefitting from PVC double glazing and gas heating.
The front hall is tiled, and the stairs and landing are carpeted.
The hallway leads onto a second reception room currently being used as the fifth bedroom, separate lounge area leading into kitchen with the other four bedrooms spread across the first and second floor.
The Kitchen is bright and large with electric hob & oven, washing machine and fridge freezer.
The property has two full bathrooms with WC, WHB and walk-in showers.
With 5 bedrooms which one do you choose. One of the bedrooms is in the front on the first floor and comes with bay windows and high ceilings, providing for a comfortable, homely feel. The remaining four bedrooms are spacious.
It has a large front garden, which extends around the side of the house.
There is a large walled backyard, which is paved providing privacy. Early viewing advised
(New owner would have to apply for a new HMO licence in their own name prior to completion to retain the HMO status)
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