Property · BT44 8LF
For saleListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Approx 1.3 Acre Plot Derelict Property With Outbuildings Potential Opportunity For Development Not Mortgageable/Cash Buyers Only McAteer Solutions are delighted to welcome this superb opportunity to purchase a derelict property with outbuildings in Innishrush townland. The derelect property has a large strip of land to the rear of the property. The property is situated approximately 3 miles from Portglenone town and has road frontage along the Innishrush and Killycon Road.
Comprises Of The Following: Derelict Home, Outbuildings, Road Frontage; situated on a 1.3Acre Plot Property: Not mortgageable If you would like to arrange a viewing please contact McAteer Solutions Estate Agents on 02879659444.
Offices: Belfast, Toomebridge, Derry, London www.mcateersolutions.co.uk
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.
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
FAQ
About Derelict Property & Outbuildings, 55 Innishrush Road, Innishrush, Portglenone, BT44 8LF
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