3-bedroom property · BT22 1NZ
To rentListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3 Bedroom Apartment for Rent, split level Located in Portaferry Village and is only a minutes walk to the shores of Strangford Lough with it’s famous Ferry Crossing.
Upper Floor: Large open plan kitchen, living and dining room with exposed wooden beams.
Storage Room Bottom Floor: 3 good sized bedrooms Three piece white suite bathroom with built in hotpress Sea views. Double glazing sash windows throughout. Viewing strictly by appointment only!
Viewings on Friday 9th October- 8am untill 4:30pm Open plan Living & dining room Large open plan living area flushed with light, views of the sea and exposed beams 4.1m x 8.7m Kitchen 5.5m x 3.2m Bathroom, White suite, large walk-in hotpress 2.24m x 3.3m Bedroom 1 4.5m x 3.4m Bedroom 2 3.6m x 2.9m Bedroom 3 3m x 2.75m (Please note - Measurements are indicative only)
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
Short-let licence or registration needed
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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 1D Castle Street, Portaferry, BT22 1NZ
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