2-bedroom flat · BT27 4EJ
Listing removedListed 70 days
Opportunity summary
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About
Key Features Superb first-floor apartment within the popular Wallace Apartments development Two well-proportioned double bedrooms Principal bedroom with ensuite shower room Bright, spacious open-plan kitchen, dining and living area Large private walk-out balcony Modern fitted kitchen with integrated appliances Contemporary main bathroom Excellent built-in storage Secure gated underground parking with an allocated space Gas-fired central heating and double glazing Lift access, video intercom and alarm system Attractive communal courtyard areas Convenient city-centre location, close to Wallace Park and Lisburn Train Station Property Description This superb first-floor apartment occupies a prominent position within the modern Wallace Apartments development, conveniently located just off Wallace Avenue in the heart of Lisburn.
The property offers bright, spacious and well-presented accommodation, ideally suited to first-time buyers, professionals, downsizers or investors.
The centrepiece of the apartment is the generous open-plan kitchen, dining and living area, which benefits from excellent natural light and direct access to a substantial private balcony.
The fitted kitchen provides a good range of storage and integrated appliances, while both bedrooms are comfortable doubles. The principal bedroom also benefits from a private ensuite shower room.
A contemporary main bathroom and useful storage cupboards complete the internal accommodation.
Residents have access to attractive communal courtyard areas, lift access throughout the building and secure gated underground parking, with the apartment benefiting from its own allocated space.
Wallace Park, Lisburn Train Station and the shops, cafés and amenities of Lisburn City Centre are all within easy walking distance. Early viewing is recommended.
Accommodation Entrance Hall Ceramic tiled flooring and two useful storage cupboards.
Open-Plan Kitchen, Dining and Living Area – 6.82m x 2.87m Bright and spacious reception area with tiled flooring, recessed lighting, video intercom and glazed door providing direct access to the private balcony.
Kitchen – 4.04m x 2.65m Range of fitted high and low-level units with contrasting work surfaces, tiled splashback, stainless steel sink unit, integrated electric oven, four-ring gas hob, stainless steel extractor hood, integrated fridge freezer, dishwasher and washing machine.
Gas boiler and recessed lighting. Principal Bedroom – 3.94m x 3.09m Generous double bedroom with carpeted flooring, radiator and access to the ensuite shower room.
Ensuite Shower Room – 2.51m x 1.13m Tiled shower enclosure with thermostatic shower, low-flush WC, pedestal wash hand basin, tiled flooring and chrome heated towel rail.
Bedroom Two – 3.84m x 2.86m Well-proportioned double bedroom with carpeted flooring, radiator and built-in storage.
Bathroom – 2.18m x 1.97m Panelled bath with overhead shower, low-flush WC, pedestal wash hand basin, tiled flooring, chrome heated towel rail and extractor fan.
Private Balcony A substantial covered walk-out balcony, providing useful private outdoor space. Parking Secure gated underground parking with one allocated parking space.
These particulars are provided for guidance only and do not form part of any offer or contract.
Whilst every care has been taken in the preparation of these details, prospective purchasers should satisfy themselves as to the accuracy of all information through their own inspections, surveys and enquiries.
Measurements, floor plans and descriptions are provided as a guide only and should not be relied upon as statements of fact.
Please note that some photographs may have been digitally enhanced, decluttered or virtually staged for illustrative and marketing purposes.
Such images are intended to assist prospective purchasers in visualising the property's potential and may not represent the property exactly as viewed We have been advised that management Fees are 1,302.04 per annum.
These particulars are provided for guidance only and do not form part of any offer or contract.
Whilst every care has been taken in the preparation of these details, prospective purchasers should satisfy themselves as to the accuracy of all information through their own inspections, surveys and enquiries.Measurements, floor plans and descriptions are provided as a guide only and should not be relied upon as statements of fact.
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.
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About 8, Wallace Apartments, Lisburn
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