2-bedroom flat · BT52 1RG
Listing removedListed 82 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Large Penthouse apartment with elevator access Open plan Kitchen, Living Room & Dinning Room 2 Bedrooms one with en-suite 2 Bathrooms Gas Central Heating Off Street Parking Unfurnished Integrated Appliances Included Available from 19th August 2026 Spacious modern 2 Bedroom Penthouse apartment in excellent location, just a few minutes walk from Coleraine town Centre.
Just under 1000 sq ft of living space. It is comprised of 2 well proportioned bedrooms, open plan lounge and kitchen with integrated appliances included.
The property has the advantage of an outdoor balcony and offers the largest living space within the development. It benefits from Elevator access. Early Viewing is highly recommended.
Not suitable for house of multiple occupation. All Tenants and Guarantors subject to reference checks.
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
Short-let licence or registration needed
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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 53 Cloonavin Green, Coleraine, BT52 1RG
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