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Serviced flat for sale

£80,000 (£442/sq. ft) From

The George Best Hotel, Donegall Square South BT1

1 1 1 181 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

  • Grade B1 Listed Building
  • Belfast City Centre Location
  • Units Available from £92,400
  • Simple Transparent Purchasing Process
  • 3 Year Buy Back Option at 106%
  • Roi for Years 1-3 = £7%
  • Roi for Year 4 = 8%
  • Roi for Years 5-10 = 9%
  • Award Winning Developer
  • Hands of Investment Opportunity

Property description

Detailed Description

Nestled on the junction of Donegall Square and Bedford Street, The George Best Hotel is set to be nothing short of remarkable.
This grandiose hotel is in a prime city centre location overlooking Belfast City Hall and will pay tribute to one of the greatest footballers of our time. Originally named the Scottish Temperance Building before later changing to the Scottish Mutual Assurance Society Building, this beautiful Grade B1 listed building will become the focal point of the centre of Belfast.

Built by Henry Seaver and completed in 1904, the redevelopment will incorporate and preserve much of the buildings history whilst aligning it with Signature Living’s unique vision and guest experience. Having previously served as offices, this building will be transformed into a luxury football-themed hotel featuring premium amenities, a stunning wedding and events space, a museum dedicated to the legacy of George Best, plus a stylish bar and restaurant. The classic Baronial style architecture will retain many of its original features across all six floors, making it the perfect heritage redevelopment for Signature Living.

George Best Experience

George Best’s playing style was one of a kind, it combined pace, skill, balance, feints, two-footedness, goal scoring and the ability to beat defenders. Not just an outstanding player, but also a vibrant personality, Best became one of the first ‘famous’ footballers the world had ever seen.
Earning the nickname ‘El Beatle’ due to his Fab Four inspired haircut, Best grew in popularity on and off the pitch. He received more than 1,000 fan mail letters every week and was regularly offered modelling assignments and personal appearances.
A fitting tribute to the legend and legacy of George Best, this stunning hotel will create a truly unique accommodation experience.This beautiful accolade to the footballing legend will be themed around his amazing life and house an exclusive museum, dedicated to the life and times of one of the greats.
This unique museum and hotel will exhibit never seen before memorabilia, souvenirs and personal mementoes that will allow football fans to explore the world of George Best.

Buying Process

Our dedicated team of advisors are experts in planning the best strategy for you to achieve your investment goals. From the initial enquiry through to completion, our consultants will work closely with you to make the buying process as easy as possible.
We are known for developing a number of extremely success schemes over the years and therefore expect this project to be in high demand.
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 each step of the way.

Step 1 - Choose an investment unit to buy
Step 2 - Pay a £2,500 reservation fee and instruct your solicitor
Step 3 - Transfer 50% of funds on exchange
Step 4 - Transfer 50% of funds on completion
Step 5 - Investment process complete - Sit Back & Enjoy your new hands off investment!

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: £103,819
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)
£114,950
(1)
- - -
All £102,588
(77)
£114,950
(1)
£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 (2.8 miles)
  • Belfast International Airport (12.1 miles)
  • City of Derry Airport (57.9 miles)
  • Stranraer Ferry Terminal (42.1 miles)
  • Cairnryan Ferry Terminal (44.6 miles)
  • Campbeltown Ferry Terminal (58.7 miles)

Nearby schools

  • Portpatrick School (36.8 miles)
  • Leswalt School (40.5 miles)
  • Sandhead School (41.4 miles)
  • Stranraer Academy (42.6 miles)
  • Campbeltown Grammar School (58.2 miles)
  • Girvan Academy (61.6 miles)
  • Invergarven School (61.6 miles)
  • Craigpark School (78.4 miles)
  • South Park School (78.4 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

£287 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,000
Repayment term 25
Interest rate 1.5
Your payment £287 /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.

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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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