2-bedroom terraced house · BT20 5QN
Listing removedListed 68 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available immedaitely Fantastic location close to shops, schools, church and beach Freshly painted throughout and new carpets Rent includes rates Living area with feature fireplace Modern kitchen with appliances 2 bedrooms Modern white bathroom with shower Oil fired central heating and double glazing Private enclosed rear patio area Initial one year lease with option to renew afterwards This property has convenience on its doorstep.
Located in the ever popular Ballyholme area, shops,schools, churches and the beach are all a short distance. This is a cosy home which provides bright and airy accommodation.
Decorated in neutral colours, it is well presented throughout. The accommodation comprises living room, with cast iron fireplace, and kitchen with appliances on the ground floor.
Upstairs there are two bedrooms, and bathroom with white suite. To the rear, there is a large private fully enclosed rear patio area.
Other benefits include oil fired central heating and double glazing.
This property will have wide ranging appeal and we expect demand to be high so an internal inspection is thoroughly recommended at your earliest opportunity.
Directions Driving out of Bangor along the Groomsport Road heading into Ballyholme Village, Bellevue is located on the left hand side just after the turn off for Sandringham Drive, Windmill Cottages are located after Grove Park to the right at the top of the hill.
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
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
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
Agent & docs

FAQ
About 2 Windmill Cottages, Bangor, BT20 5QN
Explore nearby