3-bedroom terraced house · BT40 3AJ
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CENTRALLY LOCATED TOWN HOUSE OIL FIRED CENTRAL HEATING UPVC DOUBLE GLAZING LOUNGE WITH HIGH MANTLE FIREPLACE FITTED KITCHEN - BREAKFAST BAR WHITE BATHROOM SUITE THREE BEDROOMS REAR GARDEN AREA ELEVATED POSITION CHAIN FREE For sale by Brian A Todd & Co Ltd via the iamsold Bidding Platform Please note this property will be offered by online auction (unless sold prior).
For auction date and time please visit iamsoldni.com. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
Only a short distance from the Town Centre and close to all local amenities including bus and train stations, this is an opportunity for the purchaser to acquire this mid town house.
Occupying an elevated position and benefiting from a rear garden area, the property comprises of a lounge, fitted kitchen, bathroom with white suite and three bedrooms.
Keenly priced and chain free, this excellent property is a must for viewing. Viewing is strictly by appointment only through Agents.
Auctioneers Comments: This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.
The buyer is also required to make a payment of a non-refundable, part payment 10% Contract Deposit to a minimum of £6,000.00.
In addition to their Contract Deposit, the Buyer must pay an Administration Fee to the Auctioneer of 1.80% of the final agreed sale price including VAT, subject to a minimum of £2,400.00 including VAT for conducting the auction.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Ground Floor ENTRANCE HALL: LOUNGE: High mantle fireplace.
Laminate wood flooring. KITCHEN: Range of fitted upper and lower level units, incorporating fitted extractor fan and breakfast bar.. One and half bowled sink unit. Part wall tiling. Floor tiling.
BATHROOM: White suite incorporating push button W.C., wash hand basin and panelled bath with electric shower attachment. Wall and floor tiling. First Floor BEDROOM (1): Laminate wood flooring.
BEDROOM (2): Laminate wood flooring. Built in storage. BEDROOM (3): Outside GARDENS: Rear garden area. Directions Larne
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Bank Road, Larne, BT40 3AJ
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