2-bedroom property · BT47 2AX
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedrooms Gas central heating uPVC Double glazed windows & Doors Convenient location Midas Estate Agents are very pleased to bring this well presented two bedroom home to the market.
Located just off spencer road / Chapel road, its in a very very convenient location for access to the city centre and a range of local amenities.
Internally it is very well presented throughout, having undergone modernisation in recent times. It has a very well proportioned living area with media wall.
Then having the kitchen to the rear with access to an enclosed concreted yard.
The first floor has 2no bedrooms, also very well proportioned in size with bathroom to rear of the property. Dimensions Hallway: 1.40m x 2.40m Living: 6.40m x 3.00m Kitchen: 4.70m x 1.70m Bedroom 1: 4.40m x 3.20m Bedroom 2: 3.10 x 3.05m Bathroom: 3.80 x 1.70m
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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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 5 Newlyn Terrace, Waterside, Derry, BT47 2AX
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