>
4 bed terraced house
22, 24, 26, 28 And 28A Dromore Street, Ballynahich BT24
£350,000
22, 24, 26, 28 And 28A Dromore Street, Ballynahich BT24
£350,000
Our Summary
- Exceptional Mixed-Use Investment Opportunity – Shops, Apartment & Two Terraced Houses
- We are delighted to offer a rare opportunity to acquire a collection of five properties comprising a mix of residential and commercial units, ideal for investors seeking strong potential for capital growth and increased rental income
- Ideal for investors or developers looking to add value through refurbishment
- Attractive Yield Potential: Current rents are significantly below market value, presenting excellent scope for rental uplift
- Capital Growth Potential: Opportunity to enhance value through refurbishment of the unfinished terrace and possible modernisation of the apartment
- Possible uplift on rents
Description
This exceptional mixed-use investment opportunity comprises five properties, including two ground-floor retail units, a first-floor apartment, and two terraced houses. The retail units are occupied by long-established businesses, offering excellent street frontage and footfall. The apartment has one bedroom and off-street parking, while the two terraced houses require varying levels of refurbishment. The investment highlights include attractive yield potential, a balanced portfolio of commercial and residential units, long-term tenants, and capital growth potential through refurbishment and modernization. With current rents below market value, there is scope for rental uplift, making this a unique chance to acquire a diversified property portfolio with strong upside potential in both income and value.