2-bedroom property · BT28 1BS
For saleListed 74 days
Opportunity summary
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About
FOR SALE ATTENTION INVESTORSAPARTMENT 2GARVEY MEWS, LISBURNGROUND FLOOR 2 BED LUXURY APARTMENTWITH UNDERGROUND PARKING SPACE Beautifully presented ground floor 2 Bedroom apartment of approx.
890 sq.ft. Situated in an attractive block of only 20 units only 15 years old.
The apartment has the advantage of an outside patio area and car parking space and French doors from Dining area to Patio area.
Excellent Investment opportunity with present tenant paying £750 per month including Rates.
Accommodation briefly comprises: Entrance Hall, Living/Dining Kitchen area, Bedroom 1 with en suite shower room, Bedroom 2, Bathroom, Store room. Outside: Patio area, Car parking space.
PRICE: Offers Around £113k VIEWING: Strictly by appointment with Agent.
ACCOMMODATION: ENTRANCE HALL: DINING LIVING AREA: 13’ 7” (max) x 15’ 3” (max), Wood style laminate floor.
KITCHEN: 10’ 6” x 8’ 5”, Tiled, Gas hob, Electric oven, Washing Machine.
BEDROOM 1: 10’ 6” x 9’ 2” EN SUITE: With white suite.
BEDROOM 2: 5’ 10” x 9’ 2” BATHROOM: White suite with panelled bath, Low flush w.c., Pedestal wash-hand basin.
STORE ROOM WITH GAS BOILER.
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 2 Garvey Mews, Lisburn, BT28 1BS
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