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See how verdicts work3-bedroom terraced house · BT28 1YN
No longer listedListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ivan Street is located off Hill Street and is in a most convenient location to Lisburn city centre plus bus and rail connections.
This mid terrace house enjoys a pleasant setting just off Hill Street close to Lagan Valley Hospital and enjoys views to the front over a green area.
Ideal for first time buyers, families and investors. The accommodation in brief comprises reception hall, lounge, family room with fireplace and fitted kitchen.
On the first floor are three good sized bedrooms and bathroom.
The property enjoys the benefit of oil-fired central heating, PVC double glazed windows and external doors, PVC oak panelling to part of the front of the house and oak trim with matching oak doors.
Outside Enclosed paved area to front. Enclosed area to rear with paving and concrete area, two purpose-built stores - one containing oil fired central heating boiler and the second the oil tank.
Ground Floor HALL: PVC partly glazed door and side panel. Laminate floor.
LOUNGE: 4.m x 2.76m (13' 1" x 9' 1") FAMILY ROOM: 3.5m x 3.58m (11' 6" x 11' 9") Inset log affect electric fire. Coved ceiling. Laminate floor.
KITCHEN: 2.7m x 2.36m (8' 10" x 7' 9") Range of high and low level units with white doors and contrasting trim. Wood effect worktop.
Built-in hob and oven with stainless steel extractor fan over. Stainless steel sink unit with large and small bowls with mixer tap. Tiled walls and floor. Space for fridge and washing machine.
PVC partly glazed rear door. First Floor LANDING BEDROOM 1: 3.m x 3.46m (9' 10" x 11' 4") Built-in hotpress. BEDROOM 2: 4.13m x 2.9m (13' 7" x 9' 6") Tiled painted fireplace.
BEDROOM 3: 2.92m x 2.57m (9' 7" x 8' 5") Built-in wardrobe. BATHROOM: Panelled bath with mixer tap and telephone shower attachment. Pedestal wash hand basin. WC. Tiled walls and floor.
Wood panelled ceiling with downlighting. Directions From Laganbank Road turn into Hill Street and at the bottom of the hill turn right into Ivan Street. No.48 on left-hand side.
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
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FAQ
About 48 Ivan Street, Lisburn, BT28 1YN
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