3-bedroom terraced house · BT48 7LW
Listing removedListed 61 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3 Bedrooms Oil heating uPVC windows Excellent location front garden with gate rear yard with access to rear Midas Letting Agents are pleased to offer this very spacious three bedroom family home to the rental market.
Situated in the highly sought-after Rosemount area of Nicholson Terrace, this attractive end-terrace home offers spacious and versatile accommodation ideally suited to a family or professionals.
The property comprises three well-proportioned bedrooms, two generous reception rooms, and a family bathroom, providing a comfortable layout with excellent living space throughout.
The home benefits from on-street parking and offers a practical, low-maintenance setting in a popular residential location. There are no special accessibility features.
Nicholson Terrace is well positioned for access to a range of local amenities, schools, and transport connections.
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
Agent & docs
FAQ
About 13 Nicholson Terrace, Derry, BT48 7LW
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