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2-6 Castlereagh Place 20 Unit Apartment Building £2,750,000 (£137,500/Unit) 7.92% Net Initial Yield Belfast BT5 5GT
Investment Highlights
- Located in areas of high rental demand close to the city centre
- 20 apartments within a modern, purpose built block
- area which is mixed use in character
Executive Summary
The property is fully let producing a gross annual income of £216,060 pa. to Year End November 2025.
Property Facts
| Price | £2,750,000 | Property Subtype | Apartment |
| Price Per Unit | £137,500 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Costar Property Class | B |
| Yield | 7.92% | Property Size | 21,902 sq ft |
| Tenure | Freehold | Average Occupancy | 100% |
| Gross Rent Multiplier | 1.27 | No. Floors | 4 |
| No. Units | 20 | Year Built | 2021 |
| Property Type | Build-to-Rent | Parking Allocation | 0.41/1,000 sq ft |
| Price | £2,750,000 |
| Price Per Unit | £137,500 |
| Sale Type | Investment |
| Yield | 7.92% |
| Tenure | Freehold |
| Gross Rent Multiplier | 1.27 |
| No. Units | 20 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Property Size | 21,902 sq ft |
| Average Occupancy | 100% |
| No. Floors | 4 |
| Year Built | 2021 |
| Parking Allocation | 0.41/1,000 sq ft |
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2-6 Castlereagh Place
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