We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · BT5 5BZ
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attractive mid terrace Two bedrooms Living room with bay window Separate dining room Kitchen with integrated hob and oven First floor bathroom with white suite Oil fired central heating Double glazing Forecourt and rear yard No onward chain Walking distance to excellent amenities on Beersbridge, in Ballyhackamore and Bloomfield Short stroll to Glider stops and Comber Greenway Conveniently located in a cul de sac off Ravenscroft Avenue, this attractive town terrace is therefore within walking distance of excellent local amenities.
Ballyhackamore is less than a mile and access to the Comber Greenway and Glider routes are also only a short stroll away.
Well-proportioned throughout, the property would be ideal as a starter home or buy-to-let. There is plenty of potential to put your own stamp on it.
Recent sales in this locality have proved very popular so we recommend viewing at the earliest opportunity. Ground Floor uPVC front door.
HALLWAY: Door with glazed panels to: LIVING ROOM: 3.64m x 2.99m (11' 11" x 9' 10") (into bay and at widest points).
DINING ROOM: 3.02m x 2.75m (9' 11" x 9' 0") KITCHEN: 4.11m x 2.13m (13' 6" x 7' 0") Modern range of high and low level units.
Integrated four ring Belling hob and underbench Flavel oven. Single drainer one and a half bowl stainless steel sink unit. Breakfast bar. Plumbed for washing machine.
Back door with leaded glass insets to rear yard. First Floor Return BATHROOM: White suite comprising panelled bath with telephone hand shower and screen.
Pedestal wash hand basin with tiled splashback. Low flush wc. LANDING: Shelved hotpress. First Floor BEDROOM (1): 3.68m x 3.08m (12' 1" x 10' 1") Built-in cupboards.
BEDROOM (2): 3.02m x 2.47m (9' 11" x 8' 1") (at widest points). Built-in cupboard. Outside FORECOURT: Pedestrian gate and path to front door. ENCLOSED REAR YARD: with gate to entry.
PVC oil tank. Oil fired boiler housing. Outside light. Directions From Ballyhackamore, head towards City Centre on Upper Newtownards Road.
Turn left into Beersbridge Road and then right on to Ravenscroft Avenue. Moorgate is second on the right.
-------------------------------------------------------- MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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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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 Moorgate Street, Belfast, BT5 5BZ
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