3-bedroom semi-detached house
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Priced to allow for modernisation and updating, this semi detached chalet bungalow would make an ideal first time buy or fresh start.
The photos may be slightly flattering as the property will require redecoration throughout, fresh floor coverings, new decking to the rear and potentially a new or renovated kitchen - Internal viewing in person is essential prior to making any offers and the property has been priced to reflect its present condition.
The property offers 3 first floor bedrooms and a modern shower room plus a ground floor lounge, a kitchen/diner and a detached garage.
It benefits from uPVC double glazing and fascia, Phoenix gas central heating and a modern composite front door.
Externally there is a garden in lawn to the front and a fully enclosed patio garden to the rear with timber decking (requires replacement or repair).
This has been a stylish home in the past and no doubt will be again with some tlc, time and vision. A modest budget will go a long way on a home like this.
Located for ease of access to Bangor City centre or commuting to Belfast this is a property with bags of potential. Entrance Composite door with matching double glazed side panel.
Entrance Hall (1.85mx3.61m (6'1x11'10)) Wood effect tiled floor. Part panelled wall. Stairs to first floor with under stair storage.
Lounge (3.63mx4.67m (11'11x15'4)) Mock fireplace with polished stone hearth. Wood effect laminate flooring. Kitchen/Diner (3.71mx5.61m (12'2x18'5)) At widest parts.
Range of high and low level units in painted finish with wood finished worktops. Ceramic sink with mixer taps. Plumbed for dishwasher. Part wood flooring and part tiled walls.
UPVC double glazed doors to rear garden. Landing Hot press. Access to roof space. Bathroom (1.83mx2.54m (6x8'4)) Walk-in shower with thermostatic 'rain shower'. White WC and wash hand basin.
Tiled floor with part-tiled walls. Spotlights. Bedroom 1 (3.66mx2.79m (12x9'2)) Wood effect laminate flooring. Storage area.
Bedroom 2 (3.51mx2.34m (11'6x7'8)) Wood effect laminate flooring Storage cupboard. Cornice ceiling. Bedroom 3 (2.11mx2.79m (6'11x9'2)) At widest points. Wood effect laminate flooring.
Garage (2.87mx6.45m (9'5x21'2)) Up and over door. Light and power. Outside Garden to front in lawn with tarmac driveway. Enclosed garden to rear with paved patio and timber decking.
Tenure Leasehold - 900 years wef 29/06/2020. Ground rent - £28 per year (advised).
Property Misdescriptions Every effort has been made to ensure the accuracy of the details and descriptions provided within the brochure and other adverts (in compliance with the Consumer Protection from Unfair Trading Regulations 2008) however, please note that, John Grant Limited have not tested any appliances, central heating systems (or any other systems).
Any prospective purchasers should ensure that they are satisfied as to the state of such systems or arrange to conduct their own investigations.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About Birch Drive, Bangor
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