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 work1-bedroom flat · BT12 5GF
For saleReduced £10k (−6.7%) on 29 OctListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Second Floor Apartment One Bedroom Spacious Lounge Modern Fitted Kitchen Modern White Bathroom Suite Balcony off Lounge Lift Access Perfect for First Time Buyers/Investors PVC Double Glazed/Gas Fired Central Heating Highly Convenient City Centre Location Ideally positioned within Belfast City Centre, this property is within close proximity to local shops, restaurants and public transport links.
Enjoying a well planned living layout with a spacious lounge that opens onto a balcony, modern kitchen, a spacious bedroom with built in wardrobe and a modern white bathroom suite.
This property is ideally suited to first time buyers and investors alike. An early viewing is highly recommended. ACCOMMODATION COMMUNAL ENTRANCE Stairwell and lift access.
ENTRANCE Hardwood front door into entrance hall with quality laminate flooring. Storage cupboard. LOUNGE 4.9 x 3.5 (16'0" x 11'5") Quality laminate flooring.
Access to balcony with double glazed sliding door and matching side screens.
Open into: KITCHEN 3.5 x 2.2 (11'5" x 7'2") Equipped with a range of high and low level fitted units with contrasting work surfaces.
Single drainer stainless steel sink unit with swan neck tap. Integrated oven with separate gas hob and overhead extractor fan in stainless steel canopy. Plumbed for washing machine.
Plumbed for dish washer. Integrated fridge freezer. Tiled floor. BEDROOM 1 3.46 x 3.41 (11'4" x 11'2") Quality laminate flooring. Built in wardrobe.
MODERN BATHROOM SUITE Comprising P-shaped panel bath with fixed shower screen and thermostatic shower over, pedestal wash hand basin and a button flush WC. Tiled walls. Tiled floor.
Recessed down lighting. IMPORTANT NOTE TO ALL PURCHASERS: We have not tested any of the systems or appliances at this property. Relying on a mortgage to finance your new home?
If so, then talk with Fiona Hannah at The Mortgage Shop Ballyclare.
This is a free, no obligation service, so why not contact us and make the most of a specialist whole of market mortgage broker with access to over 3,000 mortgages from 50 lenders by talking to one person.
You Talk. We Listen. Your home may be repossessed if you do not keep up with repayments on your mortgage.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 85 Victoria Place, 20 Wellwood Street, Belfast, BT12 5GF
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