2-bedroom bungalow · BT19 6JQ
No longer listedListed 28 days
Opportunity summary
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About
2 Bedrooms Reception Room Kitchen Sitting Room Ensuite Shower Room Bathroom Garage Nestled within the picturesque coastal village of Groomsport, this superb bungalow enjoys an elevated position, offering breathtaking views over Groomsport Harbour and stretching beyond to the Irish Sea.
Beautifully presented and maintained in excellent condition throughout, this stunning two-bedroom, two-reception home is available unfurnished, providing the perfect opportunity for those looking to downsize or for a young professional family seeking a peaceful retreat by the sea.
The property boasts a generously sized private rear garden, complete with a raised decking area that serves as the ideal vantage point to soak in the stunning coastal scenery.
Practicality is also well catered for, with an undercroft garage providing ample storage, while a tarmac driveway offers convenient off-street parking.
Groomsport itself is a charming and characterful village on the outskirts of Bangor City, offering a selection of excellent bars, fantastic local shops, and a renowned wine merchant often considered one of the best in County Down.
The surrounding area is a haven for outdoor enthusiasts, with stunning coastal walks and the sandy shores of Groomsport Beach just a short stroll away.
For commuters, Belfast City Centre is easily accessible by car in approximately 35 minutes. This exceptional home benefits from gas central heating and hot water, ensuring comfort throughout the year.
With its unbeatable location, spectacular views, and spacious yet manageable living accommodation, this is an opportunity not to be missed.
Reception Room 6.39m x 3.84m (21'0" x 12'7") Kitchen 3.06m x 4.75m (10'0" x 15'7") Sitting Room 4.00m x 3.93m (13'1" x 12'11") Bedroom 4.44m x 4m (14'7" x 13'1") Ensuite Shower Room 2.34m x 0.91m (7'8" x 3'0") Bedroom 3.34m x 3.17m (10'11" x 10'5") Bathroom 2.6m x 3.06m (8'6" x 10'0") Garage
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
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FAQ
About 17 The Brae, Groomsport, BT19 6JQ
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