Burbridge Ducann are delighted to offer this 2 x Bedroomed Mid Terraced property in the excellent rental location just off the Ravenhill Road, Creagh and Woodstock Road.
The property is ideally located within walking distance to the bustling lower Ravenhill Road or 5 minutes from Tesco’s on the Castlereagh Road excellent range of local schools and has good access for the city commuter via main road networks / bus transport links or only 15 minutes’ walk the city centre.
The property has been updated in the past, with a spacious through lounge, OFCH and Double Glazing and good-sized kitchen on the ground floor, with 1 x large Double bedroom and 1x Medium single. Fully tiled bathroom with white bathroom suite. The property has been rented over the last several years and is now in need of updating and modernising.
For the investor/ landlord this property offers a great opportunity to add value to the property and in updated condition you could expect Cira £ 8500.00 rental per year. Alternately this DIY project could offer the first-time buyer the opportunity to modernise it to their own specification and get a step onto the property market whist building equity.
In light of the overall condition of the property, we would expect a higher level of deposit, would be required to secure a mortgage.
As properties at this price point are becoming harder to find we would recommend early viewing to avoid disappointment
Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.