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See how verdicts work4-bedroom terraced house · BT23 4DZ
For saleListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Deceptively spacious mid-terrace home in the heart of Newtownards Large living room through to a fitted kitchen/dining area Four spacious bedrooms across two floors Gas fired central heating system (not in working condition) & uPVC double glazing Ground floor ensuite with walk in shower and first floor bathroom Close to Newtownards town centre and main arterial routes to Belfast Viewing is recommended for this great investment property Sold as seen, property requires refurbishment Situated close to Newtownards town centre, 32 James Street presents an excellent opportunity for investors, developers or purchasers seeking a renovation project.
Requiring full modernisation throughout. Offering generous accommodation over two floors, this home provides excellent potential to create a spacious family residence.
The accommodation comprises an entrance hall leading to a living room featuring an electric fire with wooden mantle, tiled surround and hearth.
The kitchen is fitted with a range of high and low level units, laminate work surfaces, an integrated oven and hob, and provides space for additional appliances, together with useful understair storage and access to the rear hall and enclosed yard.
The property offers four bedrooms, including a ground floor bedroom with ensuite shower room, providing flexible accommodation suitable for a variety of needs.
Upstairs, there are three further bedrooms, two of which benefit from built-in robes, together with a family bathroom fitted with a white suite including both a bath and separate shower enclosure.
Externally, the property benefits from a low maintenance rear yard with outside tap and lighting.
Offering spacious accommodation and significant scope for improvement, this property represents an ideal investment opportunity in a convenient location close to local amenities and transport links.
Important Notice – Gas Heating System and Property The gas boiler is not operational and requires replacement or substantial repair.
As a result, a current gas safety certificate is not available. The property is offered for sale in its present condition and on a “sold as seen” basis.
Neither the vendor nor Ulster Property Sales makes any representation or warranty regarding the condition, safety or working order of the boiler, gas installation, heating system, appliances, fixtures, fittings or other services at the property.
Prospective purchasers must satisfy themselves as to the condition of the property and all installations and services by obtaining any inspections, surveys and quotations they consider necessary before entering into a binding commitment to purchase.
The gas installation and appliances should not be used unless and until they have been inspected and confirmed as safe by a Gas Safe registered engineer.
Accommodation Comprises: Entrance Hall Living Room 3.81m x 3.56m (12'06 x 11'08) Electric fire, wooden mantle, tiled surround and hearth, laminate flooring.
Kitchen 5.31m x 3.40m (17'05 x 11'02) Range of high and low level units, laminate work surfaces, integrated oven and four ring hob, integrated stainless steel extractor fan and hood, stainless steel sink with mixer tap and drainer, plumbed for dishwasher and washing machine, space for fridge/freezer, part tiled walls, tiled flooring, under stair storage, door to rear hall and rear garden.
Hall Bedroom 4 2.54m x 3.61m (8'04 x 11'10) Wood laminate flooring.
Ensuite White suite comprising walk-in shower enclosure with electric shower, semi pedestal wash hand basin with mixer tap, low flush wc, recessed spotlighting. First Floor Landing Built in storage.
Bedroom 1 3.15m x 3.45m (10'04 x 11'04) Built-in robes. Bedroom 2 3.15m x 3.45m (10'04 x 11'04) Built-in robes.
Bedroom 3 2.24m x 2.84m (7'04 x 9'04) Bathroom White suite comprising shower enclosure with electric shower and sliding glass doors, pedestal wash hand basin with mixer tap, low flush wc, wood panelled bath with glazed screen, tiled floor, fully tiled walls and recessed spotlighting.
Outside Low maintenance yard with outside tap and light.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 32 James Street, Newtownards, BT23 4DZ
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