A well-established location in East Belfast, just over a mile from Belfast City Centre. The area is renowned for its excellent connectivity and strong mix of residential and commercial occupiers, making it a popular location for businesses, investors and residents alike.
A wide range of local amenities are available within walking distance, including shops, supermarkets, cafés, restaurants and healthcare facilities.
The property benefits from excellent transport links, with regular Metro bus services operating along Albertbridge Road and convenient access to the A20, A2 and M3 motorway network, providing straightforward connections throughout Belfast and beyond. Belfast Central Station and Lanyon Place are also within easy reach, making the location particularly attractive to commuters and tenants.
An excellent opportunity to acquire a mixed-use investment property occupying a prominent position on the busy Albertbridge Road in East Belfast. Offering significant development potential, the property benefits from full planning permission to convert the upper floors into a four-bedroom House in Multiple Occupation (HMO), while retaining the existing ground floor commercial unit, creating an attractive mixed-use investment with strong income-generating prospects.
Planning permission has been granted under application reference **LA04/2024/1828/F** for the change of use of the first and second floors to provide a four-bedroom/four-person HMO. The approved scheme includes a rear dormer extension, the creation of a separate residential entrance, and associated alterations to the building's elevations.
The approved residential accommodation comprises four well-proportioned bedrooms, an open-plan kitchen, living and dining area, bathroom and shower room facilities, together with dedicated storage and laundry space. The retained ground floor commercial premises provide the opportunity for dual rental income, enhancing the property's long-term investment appeal.
The planning approval confirms that the proposal complies with accepted HMO concentration limits and was considered acceptable in terms of design, residential amenity and its impact on the surrounding area.
Ideally located within easy reach of Belfast City Centre, major transport links, local amenities and a range of employment hubs, this property represents an outstanding opportunity for investors, developers and experienced landlords seeking a value-add asset in a well-established rental location.
Please note: HMO licensing and Building Control approvals will be required prior to occupation of the residential accommodation.
* No information, statement, description, quantity or measurement contained in any sales particulars, or given orally, or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out, issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor in respect of the property shall constitute a representation, or a condition or a warranty on behalf of BRG Gibson Auctions Ltd, or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally, or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BRG Gibson Auctions Ltd, or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor.
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