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See how verdicts work3-bedroom bungalow · BT48 8AG
For saleReduced £15.1k (−6.1%) on 14 OctListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
McAteer Solutions Estate Agents are delighted to welcome this beautifully presented immaculate three-bedroom bungalow and garage, located within the highly desirable Culmore Road, Derry.
Ideally positioned within the popular Mount Vernon area of Derry, this property offers an excellent base for commuters.
The nearby city of Derry provides a wide range of shopping, educational, and leisure facilities, while Letterkenny is only 30minutes away and Derry City Airport is conveniently located approximately 15 minutes away.
The area is well served by educational facilities, with Culmore Primary School serving the local community, while a number of established secondary schools and colleges are accessible within the wider Derry area.
Internally, the property comprises three well-proportioned bedrooms, new kitchen, new bathroom, spacious lounge and new laminate floors throughout.
Extra storage space within a partly sheeted attic, all finished with high-quality sanitary ware with modernisation throughout. The main reception room has modern interior throughout with log stove.
The property has high interior finish with high specification laminate flooring with a new kitchen fitted with modern fitted appliances.
The property benefits from a detached garage and tarmac driveway, with fitted gates. The site is fully enclosed, providing additional privacy and excellent potential for outdoor enjoyment.
Entrance Porch/Hall: A bright and spacious entrance porch/hall with new laminate flooring.
Measurements: 5.4m x 1.20m New Kitchen; A bright modern kitchen with laminate flooring, high and low-level units;, integrated appliances include, dishwasher, four-ring electric hob, grill/oven, integrated dishwasher, integrated fridge/freezer, Frankie stainless steel sink, and tastefully decorated throughout with ample space for dining.
Measurements: 5.1m x 3.9m Living Area: A elegant and contemporary reception area with modern stove fire-place, granite hearth, high specification laminate flooring; bay window and tastefully decorated throughout.
Measurements: 5.1m x 3.6mm Bedroom 1: Bright and tastefully decorated front facing bedroom with new laminate flooring, built in double wardrobe.
Bedroom measurements: 3.5m x 3.06m Bedroom 2: Rear-facing double bedroom with laminate flooring and immaculate throughout.
Measurements: 3.67m x 2.7m Bedroom 3: A spacious rear facing bedroom with laminate flooring and built in wardrobe.
Measurements: 3.7m x 2.12m Family Bathroom: A new modern three-piece suite with shower over bath, vanity unit, modern towe radiator and immaculate throughout. Store: Shelved store.
What3Words: colds.searchable.cape To arrange a viewing, please contact McAteer Solutions Estate Agents, Derry office, on 028 71110050 or 02879659444. www.mcateersolutions.co.uk
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
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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 12 Mount Vernon, Culmore, Derry City, BT48 8AG
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