The most affordable part of Belfast is perhaps the area immediately surrounding the city centre, a once depressed now up and coming residential area of Belfast where real estate costs are lower and local amenities are developing. The downtown area is of course home to the Botanic Gardens, Waterfront Hall, and the Titanic Belfast. A number of families living in apartments, detached, and smaller semi-detached homes with between 2-3 bedrooms, minimal lawns and trees. Schools, restaurants, and other amenities abound. If you are looking to sell property quickly, homes in this area range upwards from £75,000+
Likewise, Cathedral Quarter, home to Belfast’s pub scene, is another area of the city with affordable properties. Ranging from luxurious large apartments to charming row houses, homes in this area range upwards from £130,000 — £250,000+. Known as a vibrant arts enclave, Cathedral Quarter homes and flats are often attached and semi-detached, with a mix of standalone detached homes with lovely lawns and trees, good schools and many shops.
Newtownbreda is perhaps the most under-appreciated residential area of greater Belfast where real estate costs are lower and motivating some buyers to invest in underdeveloped properties. Homes in this area range from £169,000 — £225,000. Leading away from the city, Newtownbreda offers mix of suburban amenities and smaller semi-detached houses with between 3-4+ bedrooms, lawns and trees. Good schools, restaurants and shops are available to homebuyers.
Along with affordable home prices, Lower Malone Road offers a down to earth basic lifestyle to its residents. Homes in the Lower Malone Road area are a mixed lot, from smaller homes with good front lots to rowhomes and apartments, these houses range upwards from £169,000 — £325,000.
A home in any of these areas would be an honest and wise investment, certain to appreciate over time. House prices for quick sales in these areas are low overall, however, they are likely to increase in value as more people re-locate to Belfast. Home prices in the neighborhoods situated around the city’s centre are affordable and upcoming. They have good amenities and access to convenient transportation options. Lower Malone Road and Newtownbreda are both comfortable ex-burb areas of the wider metropolitan region, filled with restaurants, good schools, and shopping areas. Cathedral Quarter offers the homebuyer looking for an exciting blend of homeownership and community amenities, with a good mix of restaurants, bars, and shops. These affordable options offer unique opportunities for the smart homebuyer and each are a perfect place for a family to settle while retaining all of the vibrancy of living in or near a major city.
