Offers Around
£300,000

22, 24 Dromore Street,

Ballynahinch, BT24 8AG

Offers Around £300,000

22, 24 Dromore Street, Ballynahinch, BT24 8AG

  • 4 bedrooms
  • 2 Receptions
  • Terraced
  • EPC - G1 / G1 - Download
Stamp Duty £5,000 / £20,000*
*Higher amount applies when purchasing as buy to let or as an additional property

Key Features

2 Commercial and 3 residential units
Two Town houses and one apartment
Popular location
Good investment
Long term tenants
Two well established shops
One town house needing furnished
Possible uplift on rents

Description

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.

Property Breakdown:
2 x Ground Floor Retail Units - Both shops are occupied by long-established businesses with a stable track record. These units offer excellent street frontage and footfall, making them a cornerstone of local commerce.

1 x First Floor Apartment - Located above one of the shops, this apartment offers one-bedroom accommodation. The apartment has living room, kitchen, bathroom and one bedroom. It also has off street parking.

2 x Terraced Houses

House 1: A well-presented two-bedroom property in good condition and currently tenanted.

House 2: A potential two-bedroom home requiring internal completion. Ideal for investors or developers looking to add value through refurbishment.

Investment Highlights:
Attractive Yield Potential: Current rents are significantly below market value, presenting excellent scope for rental uplift.

Mixed-Use Asset: A balanced portfolio combining commercial and residential units in one convenient purchase.

Long-Term Tenants: The shops are let to well-established local businesses with consistent occupancy history.

Capital Growth Potential: Opportunity to enhance value through refurbishment of the unfinished terrace and possible modernisation of the apartment.

This is a unique chance to acquire a diversified property portfolio with strong upside potential in both income and value.

Viewing is highly recommended to appreciate the scope and opportunity this package presents.

Rooms

22 Dromore Street, Karen Flowers shop, currently let out
24 Dromore street 2 Bedroom terrace with yard to the rear
Living room 17'2 X 5'9 (5.23m X 1.75m)
Kitchen/ Dining 10'0 X 7'4 (3.05m X 2.24m)
Downstairs w.c 4'10 X 3'2 (1.47m X 0.97m) W.c and wash hand basin.
Upstairs
Bedroom one 15'0 X 7'3 (4.57m X 2.21m)
Bedroom two 9'1 X 6'1 (2.77m X 1.85m) Front facing
Bathroom 9 X 3 (2.74m X 0.91m) Shower, w.c and wash hand basin.
Outside Rear yard
26 Dromore Street Terrace house in the process of being refurbished.
Living room 55'9"'22'11" X 26'2"'13'1" (17'7m X 8'4m)
Kitchen 12'2 X 8'5 (3.71m X 2.57m)
Bedroom one
Shower room
Possible second bedroom
Rear garden
28 dromore street Press on shop
Shop 30'3" X 12'2" (9.22m X 3.71m)
Rear office 13'0" X 12'0" (3.96m X 3.66m)
28a Dromore street 1 bedroom apartment
Living/ dining room
Kitchen
Shower room
Bedroom one
Off street parking

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Our expert team of advisors are on hand to help you... Ballynahinch 028 9756 1155 ballynahinch@ulsterpropertysales.co.uk
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