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See how verdicts work2-bedroom flat · BT12 5GF
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Penthouse apartment in the highly sought after Victoria Place development Floor to ceiling windows allowing light throughout Two Bedrooms, master with luxury ensuite Open plan kitchen, living and dining area Double glazed windows, gas central heating, air conditioning Large main bathroom Wrap around balcony with access from bedrooms and living room On site fitness suite Within walking distance of the City Centre, Queens University, and local amenities 3 minutes walk from the newly built grand central station for potential commuters Secured Parking This stunning eighth-floor penthouse apartment boasts impressive city-centre views and a convenient central location.
Situated within a sought-after development of Victoria Place. The property features high ceilings and floor-to-ceiling windows, allowing natural light to flood the apartment.
The spacious wraparound balcony is accessible from both bedrooms and the living room, providing an excellent space to relax and enjoy the views.
The accommodation comprises two generous double bedrooms, including a master bedroom with an en-suite shower room, as well as a large main bathroom.
The open-plan kitchen, living and dining area creates a bright and inviting space. Additional features include double glazing, air conditioning, gas central heating and secure parking.
Residents also benefit from access to an on-site fitness suite. Early viewing is highly recommended to fully appreciate all that this exceptional apartment has to offer.
Ground Floor COMMUNAL ENTRANCE: Access to communal gym. Lift and stairs to: Eighth Floor ENTRANCE: Hardwood front door. Hardwood solid oak floor, built-in storage cupboard.
Eight floor KITCHEN/LIVING/DINING: 5.79m x 5.51m (19' 0" x 18' 1") Floor to ceiling windows with views over Belfast City Centre.
Kitchen with tiled floor, stainless steel sink unit, wooden worktop, built-in oven, four ring gas hob. Plumbed for washing machine and dishwasher. Built-in fridge/freezer.
Ideal boiler installed November 2025. BEDROOM (1): 4.39m x 2.97m (14' 5" x 9' 9") Laminate wood effect floor. Access to balcony with views over Belfast City Centre.
ENSUITE SHOWER ROOM: Wood effect tiled floor, pedestal wash hand basin, low flush wc, walk-in shower cubicle, extractor fan. BEDROOM (2): 4.39m x 3.m (14' 5" x 9' 10") Access to balcony.
Built-in storage cupboard. BATHROOM: Tiled floor, low flush wc, stained glass window. Built-in storage cupboard. Pedestal wash hand basin, bath with chrome mixer tap, extractor fan above.
Management company Charles White: Management Fee: £2493.88 per annum. Directions Heading into Belfast on Great Victoria Street turn left into Wellwood Street and Victoria Place is on the left.
-------------------------------------------------------- MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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.
Short-let licence or registration needed
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.
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FAQ
About Apt 119 Victoria Place, 20 Wellwood Street, Belfast, BT12 5GF
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