4 bed terraced house

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4 bed terraced house

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.