Unit 1 And, 2 36 Soudan Street Belfast , BT12 6LA

Additional Information

An opportunity to acquire a fully income-producing two unit residential investment in the established Donegall Road area of Belfast, close to The Royal and City Hospitals and Boucher Road. The property comprises of two self-contained apartments within a converted mid-terrace building. Both units area currently let and generate a combined rental income of £19,740 per annum. Having been fully renovated in 2022, both flats are presented in a modern condition, with new gas fire central heating installed at the time and meeting all rental compliance standards on both gas and electrical safety. This asset provides the purchaser with an immediate income in two rental streams, reducing the single tenant risk and offering a straightforward, turnkey addition to any investor portfolio.

Asking price: Offers around £220,000 

Gross income: £19,740 

Yield: 8.97% at asking 

Gas heating and double glazing throughout 

Conversion and layout compliant with current rental regulations (documentation available). 

All EICR and Gas certificates in place 

2 x Fully self contained units with separate rear yards 

Fully tenanted with no voids since renovated 

No Short Term CapEx identified • Flat 1: £870 pcm. Flat 2: £775 pcm. 

Rent review due Summer 2026 presenting potential for income growth, leases periodic. 

Rates: £1,056 per annum (£528.00 per unit)

Fully managed by Agent

Accommodation Features:

Flat 1: Entrance hallway: PVC front door, tiled floor,

Lounge: Wood laminate flooring, blinds, (built in smoke detectors throughout building).

Modern fitted kitchen: High and low level units, Formica worktops, stainless steel feature sink unit with mixer taps, built in oven and ceramic hob, extractor hood, washing machine, fridge freezer, tiled flooring, spotlights.

Shower-room Shower cubicle with thermostatic shower. Vanity sink unit, low flush wc, tiled flooring, chrome hot towel rail.

Bedroom 1: Blinds, carpeting

Bedroom 2: Blinds, carpeting

Flat 2: Lounge: Wood laminate flooring, blinds, built in smoke detectors, open plan to;

Modern fitted kitchen: High and low level units, Formica worktops, stainless steel feature sink unit with mixer taps, built in oven and ceramic hob, extractor hood, washing machine, fridge freezer, tiled flooring, spotlights, rear access fire escape.

Cloaks: with wc and wash hand basin

Bedroom 1: Blinds, carpeting

Shower-room: Shower cubicle with thermostatic shower. Vanity sink unit, low flush wc, tiled flooring, chrome hot towel rail.

Outside: Forecourt to front, rear yard - separate one for each flat