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| Address | 33 Olympia Street, Belfast |
|---|---|
| Style | Mid-terrace House |
| Status | For sale |
| Price | Offers over £125,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Receptions | 1 |
| Heating | Gas |
| EPC Rating | D56/D59 |
Situated on a quiet street just off Tates Avenue, within walking distance of the Lisburn Road, this well-presented three-bedroom property offers an excellent investment opportunity for landlords seeking a ready-made income-producing asset.
The location benefits from a wide range of local amenities, shops, cafés, and excellent transport links, while offering convenient access to Belfast City Centre. Rental demand in the area remains consistently strong, driven by students attending the nearby universities and healthcare professionals working at the two local hospitals.
The accommodation comprises on the ground floor of a bright and spacious lounge, a fitted kitchen with dining area, a family bathroom fitted with a white suite, while on the 1st floor there are three well-proportioned bedrooms.
The property is currently let on a periodic tenancy at £705 per calendar month, generating a gross rental yield of approximately 6.8% based on the asking price, with potential to enhance returns through future rental growth. All statutory rental compliance certificates are in place, and the relevant documentation can be provided to prospective purchasers.
With no immediate capital expenditure required, this is a turnkey investment offering reliable rental income from day one.
Accommodation Measurements and Features
Entrance Hall: .
Lounge: 13' 9" x 10; 2" Laminate flooring, tiled fireplace, built-in shelving, radiator.
Fitted kitchen: 12' 2" x 8' 3", Range of high and low level with electric cooker, washing machine, fridge freezer, stainless steel sink unit with mixer taps, vinyl flooring, rear porch with cloaks and gas boiler.
Bathroom: Panel bath with telephone hand shower over, pedestal wash hand basin, low flush wc, radiator, extractor fan, vinyl flooring, PVC panelled and tiled walls.
Stairs and Landing:
Bedroom 1: 13' 2" x 7' 11", Double panel radiator, centre light, grey carpeting.
Bedroom 2: 10' 2" x 7' 3" Radiator, centre light, grey carpeting.
Bedroom 3: 5' 11" x 5' 11" Radiator, centre light grey carpeting.
Outside: Rear yard with outside light and access to alley for bins.
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