4-bedroom terraced house · BT7 1QE
Listing removedListed 58 days · slow let
Opportunity summary
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About
Available NOW!
Four-bedroom HMO property Spacious communal living area Fully fitted kitchen with appliances Modern bathroom suite Gas fired central heating uPVC double glazing Excellent Ormeau Road location Close to Queen's University and Belfast City Centre Quicklet are delighted to bring to the rental market this excellent four-bedroom HMO property located at 49 Carmel Street, Belfast.
Ideally situated just off the Ormeau Road, the property is within easy reach of a wide range of local amenities including shops, restaurants, bars and coffee shops.
Queen’s University, Belfast City Hospital and Belfast City Centre are also easily accessible, making this an ideal property for students or young professionals.
The property offers four well-proportioned bedrooms, along with a comfortable communal living area.
There is a well-appointed fitted kitchen with plentiful cupboard and worktop space and a range of appliances, including fridge/freezer, washing machine and oven with hob.
The property also benefits from a modern bathroom with WC, wash hand basin and shower. Further benefits include uPVC double glazing.
The property is HMO registered and suitable for a group of four tenants. Disclaimer: Early enquiries are essential in order to be considered for this property.
Unfortunately, once we are fully booked, no further enquiries will be considered. Please enquire online now to register your interest in this property.
If you have any further queries, please contact Quicklet Property Management & Letting Agents Belfast on 028 9066 5167.Council tax band: X, EPC rating: C
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 49 Carmel Street, Belfast, BT7 1QE
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