Deacon Street, 2 2 Deacon Street, Belfast, Antrim, BT15 3EG
£49,950
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Description & Features
2 Deacon Street, BELFAST, BT15
This property represents an ideal investment opportunity, situated less than 1 mile from the new Ulster University campus on York Street.
When refurbished to a HMO standard, this 4-bed property should easily return £60 / £70 per room/week, on a yearly basis yielding a rental return of approx £12,500/£14,500
This rate of £70 / £75 week represents excellent “value for money” student accommodation, currently charged at around £135/week in the managed Student University properties.
This is a 3/4 bedroom property in need of renovation. This property is currently derlict.
It would suit a builder / investor / landlord.
**** This is a cash only purchase ****
Potential purchasers need to satisty themselves of the potential work involved to bring this end terrace house back to its former self.
**** Sold as seen ****
Housing Tenure
Type of Tenure
Not Provided
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