Property · BT23 8RW
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The site extends to approximately 0.25 of an acre with the barn occupying a forward situation on the site!
The completed conversion will extend to approximately 2,000 sq ft with four bedrooms (two with en suite shower rooms), three reception rooms, kitchen with separate utility room and main bathroom.
The site also includes planning for a garage to the rear of the barn conversion.
For further details please contact the office or Northern Ireland Planning Portal (app no LA06/2024/0771/F) A unique opportunity to purchase a barn conversion site in this much sought after rural location in the beautiful North Down Countryside.
Directions Loughries Road
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 Barn Conversion/ Site, 60m SE Of, 31A Loughries Road, Newtownards, BT23 8RW
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