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See how verdicts work8-bedroom terraced house · BT7 1PT
For saleListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Refurbished Mid Terrace Home 8 Person HMO Licence & Planning CLUED In Place New Pvc Windows New Gas Heating System New Fitted Kitchen Two New Shower Suites Utility Area Current Furniture Included 3.5 Year Lease Signed -Mutual Break Clause After Year 1 Current Annual Rental Income £62,500 UPS Forestside are delighted to bring this exciting investment opportunity to the market.
Located on one of Belfast's most illustrious address Rugby Road is a highly sought-after tree lined street ideally located directly behind Queen's University and only steps away from Botanic Gardens.
Belfast City Centre is also conveniently located just a short distance away, offering an excellent range of shops, restaurants, amenities and transport links.
The Property is a ready-made investment opportunity, being a fully let HMO with income of £62,500 per annum, offering a hugely attractive 12.5% Yield.
The property has recently undergone an extensive renovation and all necessary planning and regulatory approvals are in place.
The property is available for purchase as a going-concern, with all furniture and existing lease agreements transferable providing a lucrative opportunity for an investor to obtain excellent returns from the day of acquisition.
The Accommodation Comprises Panelled front door to entrance hall Bedroom One Living Room Fitted Kitchen Shower Room Utility First Floor Bedroom Two Bedroom Three Bedroom Four Bedroom Five Second Floor Bedroom Six Bedroom Seven Bedroom Eight Outside Renovation Works Completed •Property converted from 5 bed HMO to 8 bed HMO •Works completed include: oDamp Proof course oNew uPVC DG windows oConversion from Oil to Gas with new 36-40 KW condensing boiler installed oUpgrade plumbing throughout include running showers from the boiler oInternal Wall insulation, Room in roof insulation, TRV's, Wall stat.
Property now achieves an EPC rating of C. New cert pending but imminent. oUpgrade wiring.
EICR in place until Sept 2030 oNew kitchen oTwo new bathrooms and new WC oCreating of Utility room oFull flooring throughout with laminate floroing in all bedrooms and living room oFully painted throughout oAll furniture ew white goods installed for letting purposes H.M.O Full HMO planning CLUED in place Licensed HMO for 8 persons Latest HMO inspection July 26 property fully compliant All H&S works completed to HMO standard including Fire Alarm, emergency lights, fire doors with overhead closures and intumescent strips, escape windows, fire extinguishers and fire boarding.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 63 Rugby Road, Belfast, BT7 1PT
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