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1 bed flat for sale

£85,000 (£447/sq. ft) From

The Waring Hotel, Waring Street, Belfast BT1

1 1 190 sq. ft*
Interested in this property? Call +44 151 382 7338 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • City Centre Hotel Investment
  • Prices Start From £85,000
  • Various Units Available
  • Roi For Years 1-3 = 7%
  • Roi For Year 4 = 8%
  • Low Risk Investment
  • Guaranteed Yields
  • Guaranteed Buy Back Offer After 3 Years
  • Roi For Years 5+ = 9%
  • 10 Year 95% Return on Investment

Property description

Detailed Description

The Waring Hotel, Belfast

The Waring is set to be transformed into a hotel with 64 units which will take on the highly successful and recognised Signature Living Hotel branding. Widely recognised as a fun and energetic aspect of the groups ventures, the Signature Living Hotel will follow the same footprint as the original hotel in Liverpool with quirky interiors, themed rooms and onsite bar & restaurant.
Located in the lively party district of Belfast, the Signature Living Hotel will fit right in with the cities young, fun and vibrant surroundings with two stylish bars & restaurants located on the ground floor and rooftop space of the building, something which is particularly unique for the centre of Belfast.
The suites will cater for a previously un-acknowledged type of customer, those is groups with suites sleeping anything from 2 to 16 guests, which like the rest of the Signature Living brand, focuses on ensuring guests have a memorable experience.

Guaranteed Rental Yields

Signature Living investments are low risk as they come with a guaranteed rental yield which makes calculating your returns simple. The rental yield you receive varies depending on the room you choose to invest in. All of our hotel room investments come with a guaranteed buy-back offer after year 3.

Low Risk

Hotel room investment with Signature Living is relatively low risk. As an established hotelier, Signature are experienced in dealing with private investors who reap the benefits of their partnership, enjoying a hands-off investment which is low risk and high yielding. Vestment with Signature Living is relatively low risk. As an established hotelier, Signature are experienced in dealing with private investors who reap the benefits of their partnership, enjoying a hands-off investment which is low risk and high yielding.

Buying Process

Simple 5 Stage Process

1 - Choose an investment unit to buy


2 - Pay a £2500 reservation fee & instruct solicitors

3 - Transfer 50% of the funds on exchange


4 - Transfer 50% of the funds on completion


5 - Sit Back and Enjoy your hands off investment!



We advise any interested parties to get in touch with our advisors as soon as possible to avoid disappointment. Backed by an experienced team and a history of successful projects, our purchase process is clear and transparent. Our advisors are on-call to take you through

Important Notice to Purchasers:
* We endeavour to make our sales fair, accurate and reliable but these are only a general guide and they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or facts. We do not guarantee or test any services, systems or appliances listed in the specification as to their operating or efficiency ability, we therefore strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase. All measurements that are stated are only intended as guidance only and are not precise, you should therefore verify the dimensions carefully before ordering any built-in furniture, carpets or laminates.
* Intending purchasers please note that you will be asked to produce some identification documentation at a later stage as part of the anti-money laundering regulations, we therefore please ask for your co-operation in this matter so that there will be no delays in agreeing a sale for the property.
* These are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these should be independently verified by prospective buyers. Neither Red Rooves Limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property. Your home is at risk if you do not keep up repayments on a mortgage or other loans secured against it.

Market activity
Average price paid Sales Current average value £178,694 (Zoopla Zed-Index) Value change £3,456 ▲ 1.97%

Property value data/graphs for BT1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached - - 5.0 -
Semi-detached £170,336 - 3.7 -
Terraced £108,066 - 3.1 -
Flats £178,752 £207 2.0 -

Current asking prices in BT1

Average: £103,684
Avg. current asking prices in BT1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £80,000
(1)
- £160,000
(1)
- -
Flats £102,886
(76)
- - - -
All £102,588
(77)
- £160,000
(1)
- -

Current asking rents in BT1

Avg. current asking prices in BT1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats - - - - -
All - - - - -

Fun facts for BT1

Highest value in BT1
Highest value streets Zed-Index
Laganbank Road £180,923

Nearby transport

  • George Best Belfast City Airport (2.6 miles)
  • Belfast International Airport (12.2 miles)
  • City of Derry Airport (57.9 miles)
  • Stranraer Ferry Terminal (42.0 miles)
  • Cairnryan Ferry Terminal (44.4 miles)
  • Campbeltown Ferry Terminal (58.5 miles)

Nearby schools

  • Portpatrick School (36.6 miles)
  • Leswalt School (40.3 miles)
  • Sandhead School (41.2 miles)
  • Stranraer Academy (42.5 miles)
  • Campbeltown Grammar School (58.0 miles)
  • Girvan Academy (61.4 miles)
  • Invergarven School (61.4 miles)
  • Craigpark School (78.2 miles)
  • South Park School (78.2 miles)
Note: Distances are straight line measurements

AskMe Q&A for BT1

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Red Rooves Limited, L1 on +44 151 382 7338 * (local rate)

Monthly running costs Beta

£305 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,500
Repayment term 25
Interest rate 1.5
Your payment £305 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

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

Contact Red Rooves Limited about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Red Rooves Limited, and do not constitute property particulars. Please contact Red Rooves Limited for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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