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See how verdicts work4-bedroom house · BT23 8NN
Listing removedListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located close to Newtownards town centre and Tesco Castlebawn, this period style townhouse offers 3 storey's of accommodation.
Although in need of some modernisation and upgrading it has been priced accordingly and will give the eventual purchaser the option of a mild makeover or a full top to bottom renovation depending on their needs and budget.
The property offers 4 bedrooms, a shower room, a separate lounge and dining room and a standard kitchen. It benefits from uPVC double glazing and oil fired central heating.
To the rear is an enclosed yard, including a brick boiler house with WC, and beyond that a garden with parking area accessed via Lamont Avenue and Portaferry Road.
Definitely one to consider if you need extra space and aren't afraid of a project or it might equally suit an investor seeking to maximise their return with 4 bedrooms.
Buyers requiring a mortgage to finance their purchase would be expected to have a reasonable deposit, perhaps in the region of 15-25% in order to pass the lenders survey requirements.
Entrance UPVC double glazed door to porch. Entrance Porch (13.72mx1.22m (45x4)) 1/2 Glazed door to hall. Tiled floor. Hall 1/2 glazed door to lounge and dining rooms. Spindle staircase to first floor.
Lounge (4.34mx3.56m (14'3x11'8)) At widest points. Bay window. Cast iron fireplace with granite hearth and wood surround. French doors to dining room. Dado rail.
Dining Room (3.35mx3.78m (11x12'5)) At widest points. Dado rail. Kitchen (4.37mx2.06m (14'4x6'9)) Range of high and low level maple kitchen units with granite effect worktops.
1 1/2 bowl stainless steel sink. Part tiled walls. Plumbed for washing machine. Recessed spotlights. Under stair storage. UPVC double glazed door leading to rear.
First Floor Landing Spindle staircase. Bathroom (3.35mx2.29m (11x7'6)) At widest points. Tiled shower cubicle with electric shower. White suite comprising WC and wash hand basin.
Bedroom 1 (5.08mx3.45m (16'8x11'4)) Picture rail. Bedroom 2 (3.33mx3.12m (10'11x10'3)) Second Floor Landing Spindle staircase. Velux window. Bedroom 3 (5.08mx2.36m (16'8x7'9)) Velux window.
Bedroom 4 (5.08mx2.36m (16'8x7'9)) Velux window. Outside Garden in lawn to front enclosed with hedging. Enclosed yard to rear with garden and parking beyond. Shed with WC. UPVC oil tank. Outside tap.
Tenure Tbc Property Misdescriptions Every effort has been made to ensure the accuracy of the details and descriptions provided within the brochure and other adverts (in compliance with the Consumer Protection from Unfair Trading Regulations 2008) however, please note that, John Grant Limited have not tested any appliances, central heating systems (or any other systems).
Any prospective purchasers should ensure that they are satisfied as to the state of such systems or arrange to conduct their own investigations.
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.
Area
Agent & docs
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FAQ
About 15, Portaferry Road, Newtownards
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