Five Unit Apartment Block Renovation, Belfast
- Ballyhackamore, East Belfast
We sourced this large property for a portfolio building client and are currently on site, project managing the full renovation of 5x1bed apartments, in the Ballyhackamore area of East Belfast.
Current works to be included are :
- Structural upgrades including new structural beams, new bay windows on 2 apartments, roof repairs.
- 5 new kitchens and bathrooms
- Full new electrical and fire systems
- 5 new gas boilers
- New flooring throughout
- Alterations to layouts of some apartments
- Damp proof course
- Insulated plaster boarding
When complete this property is due to generate, as serviced accommodation an impressive ROCE (return on capital expenditure) of 27.77% and a yearly income of approx £91,250
To grow your property portfolio with MCG, contact us today, info@mcgpropertygroup.co.uk
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