Belfast Telegraph

At £3,600 a month, is this the most expensive house to rent in Belfast?

By Nevin Farrell

Game of Thrones is proving to be more than just a hit with fans of the internationally-renowned TV series... A spin-off is the financial bonanza involving high rental incomes for up-market properties in Belfast.

It may not sound like the most romantic place to live in Belfast – the chemical sounding Chlorine Gardens – but the pretty suburban street houses a secret... what is believed to be the city's most expensive home to rent at a cool £3,600 a month.

Northern Ireland's recent fame as a movie-makers' paradise means film companies renting out property for their personnel to stay in is driving up prices, according to one leading estate agent. With top dollar being paid by the film moguls, the knock-on effect is that other businesses wanting to secure rental property for staff in Belfast are having to cough up big dough.

An un-named consultancy company from California – unrelated to the film industry – is paying £3,600 rent a month for the Chlorine Gardens property for its staff to live in while they work elsewhere in Belfast ,

Chlorine Gardens is between the Stranmillis Road and Malone Road and traditionally the Malone area has had some of Northern Ireland's most expensive properties – many over the £1m pound mark.

Although the six-bedroom Chlorine Gardens property was recently on the market for sale at just over half a million pounds it is the rental income which is now generating the big money – a whopping £43,200 a year –£828 a week or £118 a day.

Last month the Belfast Telegraph revealed a two-bedroom apartment, just off Belfast's 'Golden Mile', was understood to be the most expensive rented residential property of its kind in the city – at £2,250 per month.

But although we are now talking about a different type of home, Chlorine Gardens has stolen the title.

Joseph McGeehan, a partner with Belfast-based McGeehan Chartered Surveyors & Estate Agents, told the Belfast Telegraph: "We have just let a house in Stranmillis at £3,600 per month and two other large houses in the Malone area at £2,500 per month, all to US companies.

"The Belfast rental market is changing as it is unheard of for a house in Stranmillis to rent out at £3,600 per month.The rent was so high due to a shortage of available property."

The Chlorine Gardens property, previously an old period-style detached home, was given a state-of-the-art upgrade and it is being rented out by the American firm for the next three years at least. Mr McGeehan said other properties in the Malone area have fetched high rent for staff associated with Game of Thrones.

He added: "These prices show the strength of the rental market and show the distinct shortage of property at the high end of the rental market.

"More US film companies are coming in and the Game of Thrones factor is revolutionising the scene.

"We are seeing, at the minute, people coming over not just for the short term but for the longer term but not long enough to merit buying property which is why they rent," Mr McGeehan said.

What you get for your money

  • Open plan modern fully-fitted bespoke kitchen with feature island and generous living/dining area
  • Six bedrooms, three with en-suite shower rooms and master with walk-in wardrobe
  • Luxury bathroom with freestanding bath and “wet room” shower
  • Electric gate to private parking

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