Ground Rent Portfolio, 212-218 Upper Newtownards Road

Ground Rent Portfolio, 212-218 Upper Newtownards Road,

Belfast, BT4 3ET

Investment Property

Offers Around £35,000

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Contact Frazer Kidd LLP

+44 28 9023 3111

Property Overview

Status

For Sale

Style

Investment Property

Property Financials

Price

Offers Around £35,000

Property Engagement

Views Last 7 Days

85

Views Last 30 Days

260

Views All Time

2,475

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property description image

Features

  • Portfolio of ground rents derived from properties located at:
  • 117 Lisburn Road, Belfast
  • 212-218 Upper Newtownards Road Belfast
  • 82 Rugby Avenue, Belfast.
  • To be offered as one lot, but consideration will be give
  • to a split.
  • Income of £4,100 pa
  • Inviting offers in the region of £35,000

117 Lisburn Road
Situated on the Lisburn Road at its junction with Ulsterville Avenue close to Belfast City Hospital.

212-218 Upper Newtownards Road
Located on the Upper Newtownards Road, Ballyhackamore close to M&S, and a wide variety of retailers and restaurants.

Rugby House, 82 Rugby Avenue
Located off the Ormeau Road close to Queens University.

117 Lisburn Road, Belfast

An apartment development comprising of 38 apartments which are subject to ground rent of £50 per apartment.

Tenure: 999 years from 31st March 2016 let to One One Seven Lisburn Road Management Limited at a figure of £1,900 pa

212-218 Upper Newtownards Road, Belfast

The property comprises of four modern office buildings let by way of 4 leases each for a period of 900 years from July 2002 at a rent of £400pa. Total rent of £1,600pa

Rugby House, 82 Rugby Avenue

An apartment development comprising of six apartments subject to a rent charge for the sum of £600.00 per annum against the apartment management company, Rugby House Management Association Limited by virtue of a deed of conveyance and assignment dated 22nd February 2016.

Agent Accreditations

Not Provided

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