2-bedroom flat · BT27 4RH
Listing removedListed 89 days
Opportunity summary
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About
Ground floor apartment Exclusively for Over 55s Open plan Kitchen/dining/living 2 Bedrooms Ensuite Shower Gas heating A lovely 2 bedroom, ground floor apartment within a small scheme of only 6 homes, catering exclusively for the over 55s market, in a most convenient location between Lisburn and Belfast.
A lovely 2 bedroom, ground floor apartment within a small scheme of only 6 homes, catering exclusively for the over 55s market, in a most convenient location between Lisburn and Belfast.
Main bus services are on your doorstep and Lambeg train station is just across the road, providing easy commuting, with local shops, golf course and other amenities nearby.
A secure and well maintained communal hallway has remote intercom access, while the apartment itself features a modern layout and high-quality design throughout.
The accommodation comprises entrance hall, two well proportioned double bedrooms (main with ensuite shower room), spacious bathroom with both bath and shower, and an open plan living/dining/kitchen with a range of fitted units and appliances.
Outside there are well maintained communal gardens with mature hedged boundaries along Queensway and there is parking for residents and additional visitors spaces.
We recommend early viewing as ground floor apartments in smaller, quality settings are highly sought after. Tenure: Leasehold Communal hallway Lift access.
Hardwood front door leading to : Entrance hall Laminate flooring. Walk in storage cupboard. Alarm system. Single panelled radiator.
Store 2.12m x 1.48m (6'11 x 4'10) Open plan Kitchen/dining/living 7.02m x 5.51m (23'0 x 18'1) Excellent range of high and low level units. Integrated oven and 4 ring ceramic hob.
Stainless steel extractor and splashback. Integrated fridge/freezer. Integrated dishwasher. Integrated washing machine. Stainless steel sink unit, mixer tap. Gas boiler. Part tiled walls.
Tiled floor to kitchen area. Laminate flooring to living area. Intercom entry system. 2 double panelled radiators. Bedroom 1 4.23m x 3.5m (13'11 x 11'6) Laminate flooring.
Patio door to side patio area. Double panelled radiator. En-suite Tiled corner shower cubicle, chrome mixer shower. Wash hand basin on vanity., mixer tap. Low flush WC. Chrome towel rail.
Part tiled walls. Tiled floor. Extractor fan. Bedroom 2 4.31m x 2.38m (14'2 x 7'10) Laminate flooring. Single panelled radiator.
Bathroom 3.23m x 2.12m (10'7 x 6'11) Panelled bath with mixer tap and shower attachment. Tiled corner shower cubicle with mixer shower. Wash hand basin on vanity, mixer tap. Low flush WC.
Chrome towel rail. Part tiled walls. Tiled floor. Extractor fan. Outside Private, allocated resident and visitor parking to rear. Well maintained communal gardens in shrubs and lawn.
Tenure We have been advised that the tenure for this property is leasehold, we recommend the purchaser and their solicitor verify the details.
Rates payable From LPSNI - estimated domestic rates bill £1000.12 Service Charge We are advised the current management/service charge is £127.37 pcm
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 1 Queensway Mews, Lambeg, Lisburn, BT27 4RH
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