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See how verdicts work2-bedroom property · BT12 5GE
For saleReduced £5.5k (−3%) on 23 OctListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well Appointed 7th Floor City Centre Apartment Two Double Bedrooms Spacious Open Plan Kitchen/Living/Dining Bathroom and Ensuite Balcony Gas Fired Central Heating Secure Allocated Car Parking Space Popular and Convenient Location close to Lisburn Road, Queens University and City Hospital Ideal for First Time Buyer/Young Professional or Investor Viewing by Private Appointment Exceptionally well located off Wellwood Street/Great Victoria Street the property is ideally situated within a short walk of the City Centre, Lisburn Road, Queens University and City Hospital.
The apartment is on the 7th floor and provides accommodation comprising of two double bedrooms, spacious open plan kitchen/living/dining, bathroom, and ensuite.
Additional benefits include a balcony off the living area and a secure allocated parking space.
Likely to be of interest to the first-time buyer, young professional or investor viewing is by appointment through our Lisburn Road Office on 02890 668888.
Entrance Hall Storage cupboard Kitchen/Living/Dining 7.26m x 5.7m (23'10" x 18'8") Range of units and appliances.
Living area wit access to balcony Bedroom 1 3.23m x 3.15m (10'7" x 10'4") Ensuite Bedroom 2 3.23m x 2.8m (10'7" x 9'2") Bathroom
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.
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FAQ
About Apartment 51 Victoria Place 20 Wellwood Street, Belfast, BT12 5GE
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