2-bedroom flat · BT5 7GT
Sold STCReduced £20k (−9.1%) on 8 SepListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground floor apartment in highly popular residential area 2 Bedrooms (1 with ensuite shower room) Lounge Gas fired central heating Double glazing in uPVC frames Fitted kitchen with built in appliances Spacious and modern shower room Well presented throughout Management company exists This is a well presented ground floor apartment situated in a quiet and highly regarded development.
The property offers bright spacious accommodation and will suit a variety of purchasers. We strongly recommend full internal inspection.
Communal Reception Hall Ceramic tiled flooring, downlighters Reception Porch Ceramic tiled flooring Reception Hall Laminate wood flooring, glazed double doors to: Lounge 6.55m x 4.32m Polished wood flooring, feature cast iron fireplace with polished pine surround, gas fire, downlighters Inner Hallway Kitchen 3.25m x 3m Range of high and low level units, round edge worksurfaces, modern shower unit with mixer tap and vegetable sink, inlaid hob unit and under oven, ceramic tiled flooring, fridge freezer, built in washing machine, dishwasher, matching splashback, gas boiler, extractor fan, downlighters Bedroom (1) 3.35m x 3.35m Polished wood flooring Ensuite Shower Room Low flush W/C, pedestal wash hand basin, shower unit with overhead rain shower, ceramic tiled flooring, extractor fan Bedroom (2) 3.35m x 2.29m Shower Room Low flush W/C, vanity unit, spacious shower with overhead rain shower, luxury tiled flooring, luxury tiling, heated towel rail Inner Hallway Built in robes Outside 1 Designated car parking space & communal gardens Management company exists currently £897 per annual, includes grass, gates/ gardening, fire alarm system, communal cleaning
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 36 Castlegrange, Belfast, BT5 7GT
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