2-bedroom property · BT7 3FS
Let agreedListed 23 days
Opportunity summary
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About
Excellent Two Bedroom Period Property Fantastic Location Just Off The Bustling Ormeau Road Newly Refurbished Throughout To A High Standard Tastefully Presented And Fully Furnished Bright Open-Plan Lounge And Dining Area With Working Fireplace Spacious Kitchen With Contemporary New Units And Integrated Appliances Generous Principle Double Bedroom With Wardrobes And Storage Units Second Double Bedroom With Built In Shelving Large Shower/ Utility Room Freshly Paneled And With New Appliances Whitewashed Enclosed Rear Yard With Storage Front Garden With Wood Chippings And Stone Wall Surround.
Double Glazed With Gas Central Heating Suitable For Young Professionals Available Immediately This very spacious two bedroom perid property enjoys the perfect location just off the ever popular Ormeau Road with all its offerings and a short walk to both Queens University and Belfast City Centre.
The property has been extensively refurbished and is presented in immacilate fashion. The bright entrance hallway leads to the tastefully furnished open plan through lounge with wood effect laminate flooring, dining area, and open fire to the sleek modern galley kitchen with fully integrated appliances.
To the exterior is a generous whitewashed enclosed rear yard with storage sheds and a convenient covered area. The carpeted staircase leads to the first floor family shower room with white suite, freshly done and cleverly integrating the utlities, the large airy principle bedroom and a second good sized double bedroom which could serve as a home office if desired.
This property is available immediately so to arrange a viewing please call our office on 02890 996122 or email [email protected]
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
Agent & docs
FAQ
About 11 Deramore Street, Belfast, BT7 3FS
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