3-bedroom terraced house · BT23 4LZ
No longer listedListed 44 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three-bedroom mid-terrace property Within walking distance of Newtownards town centre Comfortable living room with open fire Spacious kitchen with dining area Modern ground floor shower room Enclosed rear garden with lawn and patio area 54 John Street is a well-proportioned three bedroom mid-terrace property available to rent, ideally located within walking distance of Newtownards town centre, Ards Blair Mayne and excellent transport links.
The ground floor comprises a comfortable living room with open fire and wood laminate flooring, together with a spacious kitchen offering a range of high and low-level units, integrated oven and hob, space for additional appliances and ample room for dining.
A door from the kitchen provides access to the rear garden. The modern shower room is also located on the ground floor.
On the first floor are three bedrooms, providing flexible accommodation for a range of tenants.
Externally, the property benefits from an enclosed rear garden laid in lawn, with boundary fencing, paved walkway and patio area. Accommodation Comprises: Entrance Hall Tiled floor.
Living Room 3.22 x 4.2 (10'6" x 13'9") Open fire, wood laminate flooring.
Kitchen 4.24 x 5.79 (13'10" x 18'11") Range of high and low level units, wood-effect laminate work surfaces, stainless steel sink unit with mixer tap, integrated oven, 4 ring electric hob, stainless steel extractor hood, space for fridge freezer, space for washing machine, space for tumble dryer, part tiled walls, tiled flooring, storage cupboard, space for dining, door to rear garden.
Shower Room Modern white suite comprising walk-in shower with electric shower, vanity unit with storage and mixer taps, low flush wc, tiled walls, tiled floor.
First Floor Landing Bedroom 1 3.3 x 2.85 (10'9" x 9'4") Bedroom 2 2.58 x 2.95 (8'5" x 9'8") Bedroom 3 1.95 x 2 (6'4" x 6'6") Outside Rear garden in lawn, boundary fence, paved walkway, patio area.
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
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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 54 John Street, Newtownards, BT23 4LZ
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