White & Co Property Solutions Ltd
Date     Year
27/09    2007
 		North Belfast
Various properties with conversion potential/permission - discounts possible
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A fellow subscriber has come across several deals in north Belfast, involving properties converted into apartments.  With the current slowdown, it might be a good opportunity to negotiate good discounts from over-extended developers and panicky amateur investors.

Simply send your contact details to me, mention North Belfast conversion deals, and I will forward your details onwards.
Basic Lead Details

North Belfast Conversion Deals
Property Investment Image
All North Belfast:

1 - Newly converted Ground, 1st and 2nd Floor Apartments, average price 175k.  The developer is looking for 480k for all three, discount of 45k (9%).  The developer willing to negotiate a deeper discount.

2 - Conversion for 3x2 bed apartments, full planning permission in place, for 290k.  Approx conversion cost of 100k, resale value when complete could be 160k+ per apartment - 20% discount possible minus all holding costs and overspend.

3 - New build 3x2 bed apartments, full PP in place, for sale at 340k.  Estimated OMV on completion of 170k per apartment.
 
Contact Information
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