3-bedroom flat · BT92 0JD
Listing removedListed 108 days
Opportunity summary
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About
1 x Three-bedroom residential property 2 x Commercial units: currently operating as a hairdressing salon and a Chinese takeaway 4 Garages (3 with lofted storage) Spacious enclosed yard and garden area Convenient vehicular access from the Main Street Development potential for flats above commercial properties (subject to planning permission) Prominent frontage to Main Street, maximizing exposure and footfall EXCEPTIONAL MIXED-USE INVESTMENT OPPORTUNITY IN A PRIME TOWN LOCATION McGovern Estate Agents are delighted to present this fantastic mixed-use investment property, situated in a sought-after town location with high foot traffic and excellent visibility.
Comprising both residential and commercial units, this property offers incredible potential for both immediate returns and long-term value growth.
This property offers a well-rounded mix of residential and commercial space, providing an exciting opportunity for investors or developers looking to capitalize on a highly desirable location.
Accommodation Overview: No 70 Main Street (Takeaway) This established takeaway business features a fully tiled sales area and kitchen, along with three separate storage rooms.
The first floor includes a bathroom, and the property is equipped with mains water and electricity.
No 72 Main Street (Rita`s Hairdressing Salon) Currently a fully equipped and operational hairdressing salon, this commercial space has a laminate-floored work area, ample storage, and a WC.
The first floor offers the possibility of converting into a one-bedroom flat, subject to the necessary approvals. The property is heated via oil-fired central heating.
No 74 Main Street (Private Residence) A spacious and well-maintained three-bedroom home featuring a cozy living room with a solid fuel stove and a modern kitchen.
The first floor offers three comfortable bedrooms, and the property includes a bathroom with a corner bath and electric shower. Oil-fired central heating ensures year-round comfort.
Outdoor Space: The property is complemented by a generous enclosed yard area, offering vehicular access from the Main Street.
It also includes four garages (three with lofted storage) and a garden area at the rear of the garages, providing ample space for additional storage or future development.
Viewing Strictly by Appointment Only Telephone McGovern Estate Agents Ltd 028 6632 8282 Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About 70-74 Main Street, Lisnaskea, BT92 0JD
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