4-bedroom bungalow · BT5 7DW
For saleListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached Bungalow Generous Site Four Bedrooms Two Receptions Fitted Kitchen Bathroom With White Suite UPVC Double Glazing Oil Fired Central Heating Large Attached Garage Generous Driveway Excellent Rear Garden Sought After Gilnahirk Address Chain Free Occupying a generous site in one of East Belfast's most sought-after residential locations, this attractive detached bungalow presents a rare opportunity to acquire a spacious family home with outstanding potential.
Offered to the market chain free, the property has been well maintained throughout and is ready for a new owner to modernise and personalise to their own taste.
The well-proportioned accommodation comprises four bedrooms, two bright and spacious reception rooms, a fitted kitchen, and family bathroom, providing flexible living space to suit a range of purchasers, including families, downsizers and those seeking single-level living.
Externally, the property enjoys a generous driveway providing ample off-street parking, together with an attached garage offering excellent storage or workshop space.
To the rear, the excellent garden is a particular highlight, offering a private, mature setting with plenty of space for outdoor entertaining, gardening or family enjoyment.
Situated within the highly regarded Gilnahirk area, the property benefits from excellent local amenities, well-regarded schools, parks and convenient transport links to Belfast city centre and beyond.
Ground Floor HALLWAY: LIVING ROOM: 5.8m x 3.4m (19' 0" x 11' 2") BEDROOM (1): 3.7m x 3.1m (12' 2" x 10' 2") Built in wardrobes BEDROOM (2): 2.9m x 2.5m (9' 6" x 8' 2") KITCHEN: 2.6m x 2.5m (8' 6" x 8' 2") LOUNGE: 3.7m x 3.5m (12' 2" x 11' 6") BEDROOM (3): 2.7m x 2.6m (8' 10" x 8' 6") BEDROOM (4): 3.m x 2.4m (9' 10" x 7' 10") BATHROOM: 1.8m x 1.6m (5' 11" x 5' 3") GARAGE: 6.5m x 2.7m (21' 4" x 8' 10") Directions Gilnahirk Drive lies between Gilnahirk Park and Rise
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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
FAQ
About 2 Gilnahirk Drive, Belfast, BT5 7DW
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