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For sale | 10 BedMid Townhouse |
Offers around £260,000

181/183 Templemore Avenue Belfast , BT5 4FR

Offers around £260,000

Key Information

Address 181/183 Templemore Avenue, Belfast
Style Mid Townhouse
Status For sale
Price Offers around £260,000
Bedrooms 10
Bathrooms 6
Receptions 6
Heating Gas
EPC Rating D61/D67

Additional Information


2 substantial 3 storey terrace houses, converted into 6 self-contained flats and HMO registered.
Each of the flats provides spacious 1 or 2 bedroom accommodation and the building is fully let at present.  The flats are always in high demand when they become available due to the close proximity to the City Centre and voids are minimal.
All flats are fully self-contained, with their own electric and gas supplies and front and rear access.  This is an excellent opportunity to buy a trouble free letting, producing an excellent income from the offset.
Viewing is by appointment through our office.


Accommodation for 183 Templemore Avenue

Entrance Hall
Flat 1:  Hall, Living room (3.1m x 3.7m), open plan to Kitchen  (3.4m x 2.1m), range of units, electric cooker, washing machine and fridge.  Rear hallway leading to shower room,  bedroom 1 (3.2m x 3m), bedroom 2 (3.5m x 2m).  Access to common yard.
Flat 2: Hallway, living room (4.4m x 3.4m), kitchen (3.5m x 2.3m), range of high and low level units, electric cooker, washing machine and fridge.  Rear hallway to shower-room and bedroom 1 (3.2m x 2m).  Access to Fire Escape.
Flat 3: Hallway, living room/kitchen (4.4m x 3.4m), range of high and low level units, electric cooker, washing machine, fridge.  Shower-room, bedroom (3.4m x 2.6m)
Forecourt to front, Enclosed common yard to rear.


Accommodation for 181 Templemore Avenue

Entrance Hall
Flat 1:  Hall, Living room (2.7m x 3.7m), Kitchen  (4.2m x 2.5m), range of units, electric cooker, fridge.  shower room,  bedroom 1 (3.1m x 3.1m), bedroom 2 (3m x 2.2m).
Flat 2: Hallway, living room (5.2m x 2.8m), kitchen (3.2m x 2.5m), range of high and low level units, electric cooker, washing machine and fridge, shower-room and bedroom 1 (3.1m x 3.1m), Bedroom 2 (3m x 2.2m).
Flat 3: Hallway, living room (3.7m x 3.2m), Kitchen (3.6m x 3.2m) range of high and low level units, electric cooker, washing machine, fridge.  Bathroom, bedroom 1 (5.2m x 3.6m), Bedroom 2  (3m x 2.1m).
Forecourt to front, Enclosed common yard to rear.


Flat 1, 183: £4,800 per annum.
Flat 2 183: £4,200 per annum.
Flat 3 183: £3,960 per annum.
Gross income: £12,960


Annual Costs
Rates
Flat 1 - £365.11
Flat 2 - £248.94
Flat 3 - £165.98
Insurance - £185.27 Whole Building of 183
Electric landlord supply approx. £60 per year.
HMO costs: £60 per year each pre-paid to June 2019
Fire extinguisher service £40 per annum 
Electrical smoke alarm and emergency lighting check, £80 twice per year.

Total cost per annum approx: £1,405.30



Flat 1 181: £4,800 per annum.
Flat 2 181: £4,800 per annum.
Flat 3 181: £4,800 per annum.
Gross income: £14,400


Annual Costs
Rates
Flat 1 - £365.11
Flat 2 - £365.11
Flat 3 - £365.11
Insurance - £194.88 Whole Building of 181
Electric landlord supply approx. £60 per year.
HMO costs: £60 per year each - prepaid to Oct 2020
Fire extinguisher service £40 per annum 
Electrical smoke alarm and emergency lighting check, £80 twice per year.

Total cost per annum approx: £1,730.21

TOTAL GROSS INCOME: £27,360




























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