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See how verdicts workTerraced house · BT7 1HH
For saleListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
140 University Street, Belfast Prime Three-Storey Office Premises in the Heart of the Queen’s Quarter An excellent opportunity to secure a spacious and well-presented mid-terrace commercial property in one of South Belfast’s most sought-after business locations.
Situated on the highly prominent University Street, this three-storey office building offers bright, flexible accommodation ideally suited to a growing start-up, professional practice, consultancy, creative agency, or established business seeking a prestigious and convenient address.
A Certificate of Lawfulness has been granted confirming that full planning permission is not required to split the property, creating an apartment at first and second-floor level while retaining the office accommodation at ground floor.
This provides an attractive opportunity for an owner-occupier, investor or developer seeking flexibility in the future use of the property.
Located within the vibrant Botanic / Queen’s Quarter district, the property benefits from a thriving mix of commercial occupiers, cafés, restaurants, and residential accommodation, all within walking distance of Queen’s University Belfast and Belfast City Centre.
Recently redecorated and newly carpeted throughout, the premises are ready for immediate occupation.
Accommodation Ground Floor Entrance Hallway Welcoming entrance with staircase access to upper floors.
Office 1 – 8.565m x 3.971m Bright and spacious front office featuring attractive bay window, recessed spotlights, uplighting, and three double-panel radiators.
Kitchen – 3.258m x 2.439m Fitted kitchen with sink unit, range of cupboards, breakfast bar, and double-panel radiator. WC Separate toilet with wash hand basin and radiator.
Store Room – 5.135m x 2.344m Useful storage area housing gas boiler and lighting.
First Floor Office 2 – 5.056m x 4.834m plus 3.489m x 3.198m Generous open-plan office space with bay window, built-in storage, recessed spotlights, uplighting, and two double-panel radiators.
Store – 3.088m x 1.544m Additional storage room with radiator. WC Toilet with wash hand basin.
Second Floor Office 3 – 5.085m x 3.765m plus 3.523m x 2.818m Bright top-floor office benefiting from skylight, built-in storage, and double-panel radiator.
Key Features Prime South Belfast location Three-storey commercial office premises Certificate of Lawfulness granted Full planning permission not required to create an apartment at first and second floors while retaining the ground-floor office Approx.
1,100 sq ft of office space Approx.
200 sq ft of storage space Recently redecorated and carpeted throughout Flexible office accommodation Gas-fired central heating Excellent natural light Immediate occupancy available Walking distance to Queen’s University and city centre amenities
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
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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 140 University Street, Belfast, BT7 1HH
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