Detached house · BT24 8RL
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached Home with extensive Fire Damage [ Potential for Replacement Dwelling/Subject to Relevant Permissions Range of Outbuildings 12 Acres of Agricultural Land [ Suitable for Grazing ] Accessed via Private Laneway off Drumaness Road 4 Miles from Ballynahinch with its excellent range of local amenities and schooling Belfast Circa 35 mins, Newcastle 20 mins, Downpatrick 15 mins Viewing on Site Well located in the heart of peaceful rural countryside the property is 4 miles from the popular town of Ballynahinch with its excellent range of local amenities and schooling.
Belfast is approximately 35 mins away, Downpatrick 15 mins and Newcastle 20 minutes.
The subject property comprises a detached dwelling which has incurred extensive fire damage and a range of outbuildings. The site extends to 12 acres of agricultural land suitable for grazing.
To view please call on site.
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.
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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 130 Drumaness Road, Drumaness, Ballynahinch, BT24 8RL
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