1-bedroom flat · BT6 0GR
Listing removedListed 93 days
Opportunity summary
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About
Ground Floor Apartment One Double Bedroom Modern Fitted Kitchen / Dining / Living Access To Balcony From Living Area White Shower Suite Gas Heating Double Glazing Communal on Upper Level & Designated Parking on Ground Floor Communal Gardens Excellent First Time Purchase Recently constructed, the Bell Towers development straddles the Ormeau and Ravenhill Road and is convenient to all local amenities to include vibrant pubs, Restaurants and coffee shops, Forestside Shopping Centre and transport links into the city centre.
To access the apartment the main entrance is from the Ravenhill Road via the electric gates and follow the road to the left, through a shared opening to a bright courtyard bordered by the original brick boundary wall.
Communal entrance hall provides access to the apartment with a superb kitchen / dining / living area with access to a balcony, double bedroom and shower suite.
Outside there is communal and designated parking, and a shared courtyard with gardens that capture the afternoon sun. This is a superb ground floor apartment is a fantastic location.
Communal Entrance Hall Glass panelled door to communal entrance hall via intercom system. Entrance Hall Main apartment front door to entrance hall, laminate flooring, built-in storage.
Kitchen/Dining/Living 7.92m x 3.96m (26'0 x 13'0) Full range of high and low level units, concealed lighting, Formica work surfaces, built in gas hob, and oven, stainless steel overhead extractor fan, integrated dishwasher, integrated fridge freezer.
Part tiled walls. Laminate flooring. Double pvc doors to balcony/terrace. Housing for gas boiler. Bedroom One 3.99m x 3.45m (13'1 x 11'4) Built in bedroom wardrobes floor to celing.
White Bathroom Suite Shower suite comprising large walk in shower cubicle with chrome shower unit, pvc panelling, drench head shower, wash hand basin with storage below, illuminated vanity mirror above, splash back tiling, low flush w.c.
Outside From the Ravenhill Road, there is pedestrian and vehicle access via electric gates to communal parking and a designated in the underground parking facility.
From the apartment there is access to communal gardens and courtyard area's. Communal Parking On Upper level. Under Ground Parking Allocated underground car parking spot for one car.
Communal parking on upper level.
Management Company Management fee: Company CSM •£137 per month •Special lift refurbishment bill: £53 per months being paid over the space of 5 years.
current vendor has already paid 2 years of this, so three years left.
included in management fee is: oBuildings insurance oGardening and landscaping oBins oWindow cleaning oCleaning of all communal areas weekly oUpkeep / maintenance of indoor and outdoor areas, including lighting and external walls etc.
(all external rendering recently re-painted and the cost of that came out of the management fees) oThe general day-to-day maintenance of the lifts (outside of refurbishment programme) oMaintenance of electric gates
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Apt 56, Bell Towers South, Ravenhill Road, Belfast, BT6 0GR
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