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See how verdicts work2-bedroom flat · BT48 7TX
Listing removedListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superb ground floor 2 bedroom apartment with parking, set in the popular Belmont area of Derry, the property has been revamped to include new, bathroom, new kitchen, new flooring new windows.
Super home with private parking or investment property . Hallway New composite PVC door to hallway with new laminate flooring.
Living Room (4.9 x2.9 (16'0" x9'6")) Bright room with laminate flooring and open fire which is currently closed up.
Bedroom 1 (3.4 x 3.1 (11'1" x 10'2")) Double room with laminate flooring Bedroom 2 (3.2 x 3.2 (10'5" x 10'5" )) Large single room with carpet flooring Bathroom New white suite with panel bath and and shower above, lfwc and wash hand-basin and storage, wood tile floor and recessed lights and extractor and part tiled wall.
Chrome radiator.
Kitchen/Dining (3.5 x3.2 (11'5" x10'5")) Brand new kitchen with high and low level units, plumbed for washing machine, space for fridge freezer and wired for electric cooker with black metal extractor above, tiled floor part tiled wall and door to rear garden.
Outside The front has parking for 2 cars, there is access to the rear via a side door to garden which has the boiler and the oil tank. And laid in lawn.
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.
Short-let licence or registration needed
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 20a, Grainan Drive, Derry
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