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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • Reserve with just £2,500
  • City Centre Location
  • Buy Back Option Available At 112%
  • 10 Years Rental Income

Listing view statistics

Last 30 days: 46 page views

Since listed: 46 page views

Description

Property Reference: 85650

The George Best Hotel is a unique city centre development of one of Belfast's most iconic buildings.

This impressive building will be transformed into a luxury hotel with premium amenities whilst preserving its Grade B1 listed status.

Located in the heart of Belfast city centre on Donegall Square South and overlooking the magnificent City Hall and accompanying gardens, there isn't a more prominent location to invest.

Redevelopment as a luxury hotel complete premium amenities including a bar & restaurant and wedding & event space. The redevelopment will incorporate and preserve much of the history whilst aligning it with a classic Signature Living style. The former Scottish Mutual Building still retains many of its original features across all six floors, making it the perfect heritage.

Ask about our investment giving 10% net yields with optional 110% buyback, 3 years rent paid in advance and no management or service charge.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Map & Nearby

Local Amenities

  • George Best Belfast City Airport 2.9 miles
  • Belfast International Airport 12.1 miles
  • St Mary's Primary School 0.4 miles
  • Blythefield Primary School 0.5 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • George Best Belfast City Airport 2.9 miles
  • Belfast International Airport 12.1 miles
  • St Mary's Primary School 0.4 miles
  • Blythefield Primary School 0.5 miles

Market stats

Sale activity

Average estimated value for a flat in BT1:

  • £185,597
  • Price decrease

  • -£935
  • (-0.501%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    Not known
  • Properties sold

    Not known

Rental opportunities

Not known
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Estimated running costs

Based on available 3rd party data

Approximate costs
£
per month

  • Mortgage £ p/m
  • Energy Not known
  • Home insurance Not known
  • Water Not known
  • Council tax Not known

Mortgage calculator

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Your home may be repossessed if you do not keep up repayments on your mortgage.

The results are not provided by HSBC UK Bank plc and do not represent any particular mortgage product. Results are only indicative based on a repayment mortgage and are based solely on your inputs into the calculator. The monthly payments will depend on the product and repayment term you choose. Zoopla receive payment from HSBC UK Bank plc for this calculator and introductions resulting in decisions in principle.

The Agent

Price history

Sold prices provided by Land Registry
14th Aug 2019 £78,400 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by The Property Supplier. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact The Property Supplier for full details and further information.