2-bedroom semi-detached house · BT23 4JU
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open to cash offers only 111 South Street presents an excellent opportunity for investors, builders or purchasers seeking a full renovation project in a highly convenient central location.
This two-bedroom semi-detached property is offered for sale at £60,000 and requires comprehensive refurbishment throughout.
Due to its present condition, the property is available to cash purchasers only.
The accommodation offers the potential to create a comfortable home or investment property, while externally there is an enclosed rear yard with a useful brick-built outhouse.
Ideally positioned within just a few minutes’ walk of Newtownards town centre, the property benefits from easy access to a wide range of shops, cafés, public transport links and local amenities.
With significant scope for improvement and value enhancement, early viewing is recommended to appreciate the potential on offer.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 111 South Street, Newtownards, BT23 4JU
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