2-bedroom flat · BT8 6WP
Listing removedListed 44 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Kitchen with range of appliances Large Lounge Two well proportioned double bedrooms; master with en-suite Oil-Fired Central Heating Underfloor Heating Parking - off street MANAGED BY F5 PROPERTY LTD Description Fully furnished 2 bed apartment located within easy reach of Forestside Shopping Centre and convenient to main bus routes and road networks Rooms Lounge/Dining : Spacious lounge/dining area, with laminate wood flooring.
Under floor oil heating. 2 seater sofa, 3 seater sofa, coffee table, TV unit, dining table and four chairs included Kitchen : Bright well equipped kitchen with lots of storage space.
Includes fridge freezer, washing machine and electric oven Bathroom : Tiled bathroom with radiator, storage cabinet, white suite and thermostatic over bath shower Bedroom 1 : Master bedroom with large rectangular shower cubicle.
Double bed, wardrober, chest of drawers and bedside locker Bedroom 2 : Well proportioned second bedroom with wardrobe, chest of drawers and bedside locker
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 37, Ballylenaghan Park, Saintfield Road, Belfast, BT8 6WP
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