2-bedroom flat · BT28 2WB
Listing removedListed 127 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern First Floor Two Bed Apartment Immaculate Presentation Throughout Open Plan Kitchen/Living Area Double glazed Gas Central Heating Communal Gardens in Mornington Development Additional information Superbly presented two bedroom second floor apartment in the ever popular Mornington development just off the Ballinderry Road in Lisburn.
With a modern finish and spacious accommodation throughout including large kitchen/living area, two bedrooms, bathroom, en-suite, an impressive amount of storage and an allocated parking space.
Mornington is a highly sought after development with well maintained communal gardens and is a great area to live.
In terms of location it is ideal being only minutes from Lisburn centre, local schools and a host of local amenities. For the commuters access to Belfast and the M1 Motorway is only a short drive
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
We're still gathering serviced-accommodation data for this area.
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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 advisors 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 28, Mornington Gardens, Lisburn
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