2-bedroom flat · BT22 1JZ
Listing removedListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal Location Scenic Coastal Town FIRST FLOOR APARTMENT Spacious Lounge/Dining Kitchen Two Bedrooms Bathroom Raised Patio Area with external lighting We are delighted to bring this spacious First Floor Apartment to the Open Market for your viewing.
Perfectly located in the heart of Portaferry this property brings you the seaside charm everyone desires mixed with a seasonally busy Town Centre.
This Apartment boasts its own entrance via steps at the rear. On entry there is a long hallway leading to the bright and spacious Lounge/Dining Room.
Fitted Kitchen with casual Dining area. Two well proportioned Bedrooms, 3 piece Shower Room.
Externally there is a raised flagged Patio asrea, perfect for entertaining guests or relaxing in the Sun enjoying the Coastal breeze.
This is a great opportunity for investment, whether that be to 'Let out' or to use as your own personal Holdiay Home. Early viewing advised.
Entrance Accessed by its own pathway, steps up to Front Door. Entrance Hall Feature flooring. Living/Dining 6.3m x 3.84m (20'8 x 12'7) Feature flooring, ornate fireplace with electric inset.
Step up to Kitchen/Casual Dining 6.76m x 1.91m (22'2 x 6'3) Range of high and low level fitted units with round edge counter tops.
Single drainer stainless steel sink unit with mixer taps, plumbed for washing machine. Built in Extractor fan over free standing cooker. Open serving hatch to Dining Area.
Part tiled flooring, part feature flooring. Bedroom 1 3.56m x 2.92m (11'8 x 9'7) Feature flooring. Bedroom 2 3.56m x 2.87m (11'8 x 9'5) Overall. Varnished floor.
Bathroom Three piece white suite comprising; fully tiled shower cubicle with electric shower, wash hand basin in Vanity unit, low flush WC. Tiled flooring, airing cupboard.
Outside Raised flagged patio area with outside lighting.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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.
Area
Agent & docs
FAQ
About 60B Shore Road, Portaferry, BT22 1JZ
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