5-bedroom flat · BT7 1JH
To rentListed 74 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HMO-approved 5-bedroom apartment - ideal for students and young professionals Located in Fitzwilliam Square - a gated development off Rugby Avenue in South Belfast Prime Ormeau Road location - close to cafés, bars, shops, and popular social venues Walking distance to Queen's University - perfect for student living Excellent transport links - easy access to Belfast city centre and beyond Five spacious double bedrooms - ideal for comfortable shared accommodation Main bathroom plus separate shower room - convenient for busy households Allocated car parking space within a secure, gated complex Gas fired central heating Available September 2026 32 Fitzwilliam Square, Ormeau Road, Belfast A spacious, HMO-approved 5-bedroom apartment, ideally located in the ever-popular Fitzwilliam Square – a gated development just off Rugby Avenue, in the heart of South Belfast’s vibrant Ormeau Road area.
This prime location is a major draw for students and young professionals alike.
Rugby Avenue with its close proximity to Queen’s University, while the Ormeau Road offers an array of trendy cafés, bars, restaurants, and independent shops.
Excellent transport links provide quick access to the city centre and surrounding areas. The property itself features five generously sized double bedrooms, making it perfect for shared living.
There is a spacious main bathroom and a separate shower room, while the bright reception room offers a welcoming space for socialising or relaxing after a long day.
Additional benefits include one allocated car parking space and the security of a gated development. Don’t miss this opportunity to live in one of South Belfast’s most desirable areas.
Contact us today to arrange a viewing and see for yourself why this location is so highly sought after.
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
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FAQ
About 32 Fitzwilliam Square, Rugby Avenue, Belfast, BT7 1JH
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