Deal of the week 26th March 2024

Deal of the Week: Charming Terrace House on Jocelyn Street

Looking for an investment opportunity with promising capital yield? Look no further than this charming terrace house nestled on Jocelyn Street, just off the bustling Woodstock Road. Boasting a prime location with convenient access to local services, amenities, shops, and cafes, this property presents an exciting prospect for investors and homeowners alike.

The house itself exudes character with its well-proportioned rooms and lofty ceilings, offering ample space for comfortable living. Upon entry, you're greeted by an inviting entrance hall leading to a cozy living room adorned with a bay window, perfect for soaking in natural light and enjoying serene views of the neighborhood. The adjacent dining room provides an ideal setting for hosting gatherings and entertaining guests.

The kitchen, though requiring modernization, holds immense potential for customization and enhancement to suit your preferences and lifestyle. With a thoughtful renovation, it can be transformed into a culinary haven where you can unleash your culinary creativity.

This two-bedroom abode offers spacious accommodations, making it suitable for individuals, couples, or small families. The bathroom provides essential amenities and serves as a functional space for relaxation and rejuvenation.

Equipped with U.P.V.C. framed double glazing and mains gas central heating, this home ensures year-round comfort and energy efficiency, promising convenience and savings for its occupants.

Outside, the property features a forecourt to the front, adding to its curb appeal, while a large rear yard offers ample outdoor space for various activities and potential landscaping projects. Additionally, two sheds provide storage solutions for tools, equipment, or recreational gear.

While some modernization is required, this presents a unique opportunity for investors to add value and maximize returns. With the right vision and investment, this property can be transformed into a stylish urban retreat or a lucrative rental asset.

In summary, this terrace house on Jocelyn Street offers not just a place to live, but a canvas for creativity and potential. With its desirable location, spacious layout, and scope for improvement, it represents a compelling investment opportunity with promising capital yield. Don't miss out on this chance to secure your slice of urban living – schedule a viewing today and unlock the possibilities that await!

Potential Gross Yield After Revamp:

Considering the potential rental income of £10,800 per annum and the estimated value after the cosmetic revamp of £125,000, the potential gross yield after the revamp is approximately 8.64%. This promising yield underscores the attractiveness of this investment opportunity, highlighting its potential for lucrative returns.

https://www.propertynews.com/property-for-sale/14-jocelyn-street-belfast-bt6-8hl/property/PWCPWC6760/?sort=Date+Added&status[]=For+Sale&sector[]=Residential&maxPrice=150000&offset=40&limit=10&area[]=3