Modern Method of Auction
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See how verdicts work5-bedroom property · BT44 0HE
For saleListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Brian A Todd & Co Ltd via the iamsold Bidding Platform Please note this property will be offered by online auction (unless sold prior).
For auction date and time please visit iamsoldni.com. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
Ground Floor The current property comprises of two co-joining businesses on the ground floor, a currently trading hot food take-away business and the co-joining Café (the Café is not currently trading).
Both businesses are at the front of the building facing towards Carnlough bay. The back area of the ground floor consists of a kitchen and preparation area, toilet facilities and storage area.
Further back there is a further preparation area, which currently hosts industrial fridges/freezers.
First Floor Residential Living Area The first floor is accessed via a front door at the back of the property.
Upon walking into the property from the ground floor back door (served separately from the commercial business), there is a hallway leading to a doorway that leads upstairs.
There is a utility room to the right of the residential property"s door access, this can serve the commercial business and/or the residential property.
Moving up the stairs into the residential property, there are five bedrooms, two bathrooms, a kitchen/dining area and reception room (the reception room has excellent views over Carnlough bay).
The property has a further converted loft room with further potential to be extended.
The Property"s Future Potential This property has vast potential for redevelopment of the current commercial/residential status.
The current two businesses could be adapted/enhanced to create two separate business entities or to further build on the current hot food takeaway/Café set up which is currently in place.
There is much potential for a revamp of this property into a successful all year-round business (with an excellent reputation of over 40 years) , with a five-bedroom residential home attached.
There is also the potential to adapt the residential area into short term holiday lettings, or long-term.
Investment and Redevelopment This property has the potential for total redevelopment of the whole property, such as several flats or townhouses.
The famous Antrim coast has seen a lot of investment in recent years. Carnlough itself is going through a lot of redevelopments with investment projects underway in a few locations.
Out House with Further Development Opportunities There is the opportunity to buy a further outhouse building with this property. This outhouse can be used as a storage facility for the businesses.
Alternatively, it could be redeveloped into a further property.
Furthermore, there is potential to knock this building down to create more parking spaces between the garden area, the outhouse building and the commercial/residential building.
Features Mixed Use Business / Residential Property Lpg Gas Heating Upvc Double Glazing Ground Floor Hot Food Business Self Contained Apartment To First Floor Two Reception Rooms Fitted Kitchen Family Bathroom - Modern White Suite Five Bedrooms Shower Room Storage Room To Second Floor Prominent Seafront Location Excellent Investment Opportunity EPC Rating D57 / D63 To access the legal pack, please copy and paste the link below TO VIEW OT MAKE A BID Contact Brian A Todd & Co Ltd or iamsold, Auctioneers Comments: This property is for sale under Traditional Auction terms.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, the buyer and seller must Exchange immediately, and Complete 28 days thereafter.
The buyer is required to make payment of a non-refundable Contract Deposit of 10% to a minimum of £6,000.00.
The buyer is also required to make a payment of a non-refundable, Buyer Administration Fee of 1.50% of the purchase price including VAT, subject to a minimum of £2,400.00 including VAT, for conducting the auction.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Marine Road, BT44
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