4-bedroom property · BT20 5DF
To rentListed 32 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculately presented city centre duplex apartment. Recently refurbished to include new bathroom, new carpets throughout, internal and external painting.
Adaptable accommodation over 2 floors, offering the possibility of four bedrooms. Period features including original cornicing and window architraves.
Spacious bright lounge, new carpets and freshly painted walls and ceiling. Room off lounge which could be utilised as a home office.
Deluxe modern bathroom with contemporary white suite and pvc panelled walls.
Fully fitted kitchen with range of high and low level units, appliances to include washing machine, integrated oven and hob and American style fridge freezer.
Three bedrooms on top floor, one with extensive wardrobes, all newly capeted. Attic room would lend itself to a study/home office or storage room.
Superb location in the heart of the city and all the local amenities. Off street private car parking space to front. Immediate availability.
Homes2let are delighted to offer to the rental market this deceptively spacious duplex apartment, located at the top of High Street in the heart of the city.
This fine property has just undergone a refurbishment programme including newly installed bathroom, new flooring and total redecoration, but still retains the original features of a period property.
Occupying a great location beside many restaurants, bars & coffee shops and only a few minutes walk from Ward Park, we anticipate strong interest in this excellent home.
For further details or to arrange a viewing of this beautiful property please contact Johnny on 07815060703 .
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 38 Prospect Road, Bangor, BT20 5DF
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