3-bedroom bungalow · BT66 7QF
Sold STCListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation Situated on the outskirts of the popular village of Waringstown, 26 Magherana Park is a lovely three-bedroom bungalow set within a pleasant and established residential area.
Offering well-proportioned accommodation all on one level, this property is sure to appeal to those looking to downsize, retire or simply enjoy the convenience of village living.
The accommodation comprises a welcoming living room with open fire, a kitchen/dining area, three good-sized bedrooms and a family bathroom.
The property benefits from oil fired central heating and double-glazed windows and doors. Outside, there is a tarmac driveway providing excellent offstreet parking, together with a useful carport.
The front garden is laid out for ease of maintenance, while the fully enclosed rear garden provides a private outdoor space.
The property would benefit from some updating and a little TLC, giving the successful purchaser an excellent opportunity to brighten and modernise the accommodation to their own taste.
Ideally located within walking distance of Waringstown village, with its range of local shops, schools, bus routes and everyday amenities, this is a property that offers both convenience and potential in equal measure.
An excellent opportunity for those seeking a manageable bungalow in a highly convenient village location Detached Bungalow Living Room with Open Fire Kitchen with living/dining area 3 Good sized bedrooms Family bathroom Car port, front & rear gardens uPVC Double Glazed Windows Oil fired central heating Ground Floor Porch 1.5m x 1.3m (4' 11" x 4' 3") Tiled flooring, door to kitchen & lounge.
Hallway Tiled floor, storage cupboard with shelving, access to loft.
Lounge 3.3m x 5.6m (10' 10" x 18' 4") Wood laminate flooring, floor to ceiling multi-pane uPVC windows, open fire with Marble hearth & inset with Mahogany surround & mantle, ceiling cornice, double panel radiator.
Bathroom 2.8m x 1.6m (9' 2" x 5' 3") 3 piece suite comprising, low flush WC, panel bath with shower over, pedestal wash hand basin, extractor fan, single panel radiator, frosted glass floor to ceiling window, tiled floor & fully tiled walls.
Kitchen / Living / Dining Room 5.7m x 4.5m (18' 8" x 14' 9") Range of high & low level units, 1.5 stainless steel sink unit, centre island with space for dishwasher, space for washing machine, electric cooker & fridge freezer, pull out extractor fan, tiled floor, double panel radiator, floor to ceiling multi-pane uPVC windows, fully tiled walls in kitchen area.
Space for table & chairs with small living space, double panel radiator, ceiling cornice, door to hot-press with tank & shelving.
Bedroom 1 3.2m x 3.2m (10' 6" x 10' 6") Wood laminate flooring, single panel radiator, built in mirrored robes, ceiling cornice.
Bedroom 2 3.03m x 3.2m (9' 11" x 10' 6") Wood laminate flooring, single panel radiator.
Bedroom 3 2.7m x 2.32m (8' 10" x 7' 7") Wood laminate flooring, storage cupboard with shelving, single panel radiator, uPVC double doors to rear patio area.
Exterior Gardens Courtyard/Car port, door from kitchen to sheltered courtyard with corrugated iron roof, fully enclosed with double gates & gate to rear garden.
Rear Garden, laid in lawn with various plants & shrubs, paved patio area. Front Garden, laid in lawn with trees & shrubs & tarmac driveway, tiled step to entrance.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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
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FAQ
About 26 Magherana Park, Waringstown, BT66 7QF
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