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For sale | 3 Bed Investment Property |
Price £169,950

230 Springfield Road & 2A Colinview Street Belfast , BT12 7DD

Price £169,950

Key Information

Address 230 Springfield Road & 2A Colinview Street, Belfast
Style Investment Property
Status For sale
Price Price £169,950
EPC Rating D96

Features

  • Three Storey Mixed Use Premises
  • Ground Floor Retail Shop (Circa 610 Sqft)
  • Three Bedroom Apartment (Circa 1,060 Sqft)
  • Rates Approximately £3,685 Per Annum (Shop £3,075 / Apt £610)
  • Approximately Gross Rent Roll Of £14,500 Per Annum (Yield 8.5%)
  • Gas Heating
  • Double Glazing

Additional Information

Northern Property are pleased to offer onto the re-sale market this mixed use property. Great investment opportunity with sitting tenants providing a gross rent roll of approximately £14,500 Per Annum; yield of 8.5%.
LOCATION - Located on the main Springfield Road and the corner of Colinview Street in West Belfast.
DESCRIPTION – The property comprises a ground floor retail unit trading as a convenience shop, with kitchen and toilet facilities. There is also an apartment above the shop comprising a large living room, fully fitted kitchen, bathroom, and three well proportioned bedrooms. The apartment also benefits from gas heating and double glazing. The ground floor retail unit is circa 700 Sqft and the apartment is circa 1,060 Sqft.
RATES - The rates have been calculated as follows:
230 Springfield Road (Ground Floor Retail) - NAV £5,100 - Rates Payable £3,075pa
2A Colinview Street (1st-3rd Floor Apartment) - CRV £80,000 - Rates Payable £610pa
GUIDE PRICE - We have been instructed to seek unconditional offers over £169,950 (One Hundred and Sixty Nine Thousand, Nine Hundred and Fifty Pounds)

FURTHER INFORMATION - For access, further information and/or register your interest, please contact: Carla Rafferty - 028 90 324 555 - carla@northernproperty.com

Ground Floor

ENTRANCE/SHOP FRONT
8.92m x 5.31m (29' 3" x 17' 5")
Double fronted aluminum frame glazed shop front. Electric roller shutter access. Tiled flooring. Large shop counter. Various shelving units and display fridges. Suspended ceiling. Haolgen lighting. Heat detector. Electric meter cupboard. CCTV cameras
KITCHEN
2.69m x 2.51m (8' 10" x 8' 3")
Low level kitchen units. Stainless steel sink and drainer. Tiled flooring and walls. Strip lighting. Heat detector. Small WHB. CCTV camera
REAR HALLWAY:
4.22m x 1.27m (13' 10" x 4' 2")
Tiled flooring. Gas boiler. Heat detector. CCTV camera. PVC rear door. C02 alarm
SEPARATE WC:
2.72m x 1.12m (8' 11" x 3' 8")
White 2 piece suite. Tiled flooring. Extractor fan
ENTRANCE HALL:
2.779m x 1.089m (9' 1" x 3' 7")
Tiled flooring. PVC door. Electric meter cupboard. Fire alarm panel. Gas meter

First Floor

LANDING:
5.602m x 2.482m (18' 5" x 8' 2")
Split level landing. Fitted carpet 2 x PVC window & fitted blinds. Gas boiler. Heat detector.
BATHROOM:
3.142m x 2.537m (10' 4" x 8' 4")
Vinyl flooring. Cream three piece suite. White walk-in shower. Part tiled walls. Part PVC cladding. 2 x PVC window & blinds. 1 x Single radiator. Extractor fan.
BEDROOM (1):
3.31m x 3.653m (10' 10" x 11' 12")
Fitted carpet. 1 x Double radiator. PVC window
LIVING ROOM:
5.377m x 3.516m (17' 8" x 11' 6")
Fitted carpet. 2 x Double radiator. 3 x PVC window & blinds. Fireplace. Heat detector

Second Floor

LANDING:
4.878m x 1.649m (16' 0" x 5' 5")
Split level. 2 x PVC windows & blinds. Fitted carpet. Fire alarm. Storage cupboard
KITCHEN:
3.778m x 2.484m (12' 5" x 8' 2")
Vinyl flooring. PVC window & blinds. Fully fitted kitchen with high & low level units. Tiled splashback. Built in oven/hob/extractor hood. Stainless steel sink & drainer. 1 x Single radiator. Heat detector.

Third Floor

BEDROOM (2):
5.329m x 3.527m (17' 6" x 11' 7")
Vinyl flooring. 2 x PVC window & blinds. 1 x Double radiator
BEDROOM (3):
3.316m x 3.188m (10' 11" x 10' 6")
Vinyl flooring. 1 x Double radiator. PVC window & blinds

Located on Springfield Road and corner of Colinview Street in West Belfast

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