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See how verdicts work2-bedroom flat · BT10 0QT
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold as Seen. Priced to Allow for Works. Desirable Ground Floor Apartment. Open plan Living/Kitchen Space. Two good sized bedrooms. White bathroom suite. Gas Central Heating.
uPVC Double Glazed Windows. Secure gated car parking with automated access. Early viewing recommended.
Desirable Ground Floor Apartment in a Sought-After Development Priced to allow for works, this ground floor apartment is situated within a popular development just off the Blacks Road and benefits from a private gated car park and pedestrian access gates.
The accommodation comprises a living area open plan to the kitchen, which is fitted with a range of high- and low-level units, two well-proportioned bedrooms, one with built-in sliding wardrobes, and a white bathroom suite comprising a low-flush WC, and a bath.
Further benefits include gas-fired central heating and uPVC double-glazed windows.
The property enjoys excellent doorstep convenience, with easy access to local schools, shops, the Upper Lisburn Road and public transport links, including Blacks Road Park and Ride and the Glider service.
The location also provides excellent connectivity to arterial routes and the wider motorway network.
An ideal opportunity for first-time buyers seeking a property with scope for improvement in a convenient and well-connected location. Sold as seen. Early viewing is recommended.
CSM Property Management Limited (CSM NI) - 028 9024 5999 Living room open plan to kitchen 19.4 x 14.9 (63'7" x 48'10") Open plan living room with kitchen with a range of high and low level units and single drainer stainless steel sink unit White Bathroom Suite Low flush w/c bath and hand basin Bedroom 1 12.11 x 8.2 (39'8" x 26'10") built in sliderobes Bedroom 2 7.11 x 7.10 (23'3" x 23'3") Outside Secure and gated car parking with automated access, feature communal areas with planting and paving.
Entrance Secured Door with remote access from within apartment Management Company The annual service charge for this property is currently £1,388.55.
We would recommend that the purchaser and their solicitor confirm the service charge amount and its inclusions. The management company is CSM Property Management Limited (CSM NI) 028 9024 5999.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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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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.
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FAQ
About Apt 8, 1B Mayfield Square, Blacks Road, Belfast, BT10 0QT
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