2-bedroom terraced house · BT9 7DQ
Listing removedListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
108 Melrose Street Positioned just off the ever-popular Lisburn Road, 108 Melrose Street is a bright and beautifully refurbished home offering modern living in the heart of BT9.
Recently transformed, this home has been rewired, replumbed and replastered alongside an upgraded shaker-style kitchen, new doors and flooring throughout.
The result is a fresh, contemporary home that retains a welcoming feel while benefitting from the comfort and finish expected of a newly renovated property.
Melrose Street is superbly positioned to enjoy everything South Belfast has to offer.
The cafes, restaurants, shops and everyday amenities of the Lisburn Road are all close by, while excellent schools, public transport links and convenient access to Belfast City Centre further add to the appeal of the location.
Features Refurbished two-bedroom property Situated within the heart of South Belfast Highly sought after BT9 location Newly rewired and replumbed Upgraded contemporary kitchen New flooring throughout Bright and spacious accommodation Two well-proportioned bedrooms Modern ground floor bathroom Available to let immediately Accommodation Ground Floor Living/Dining room- 7.1m x 2.7m Bright and spacious open-plan living/dining area with bay window to front, newly laid flooring and ample space for living and entertaining.
Kitchen- 3.7m x 2.7m Newly upgraded shaker style kitchen, comprising an excellent range of high- and low-level units with complementary work surfaces, brass fitted handles and matching brass tap.
This upgraded kitchen benefits from understairs storage and new appliances.
Bathroom-2.0m x 1.7m Modern family bathroom with contemporary finish with a three-piece white suite, including corner shower, low flush wc and wash hand basin.
First Floor Bedroom 2- 3.5m x 3.0m Well-proportioned principal bedroom to the front of the property, finished to a high standard with new flooring.
Bright bedroom, with ample natural light through large front windows. Bedroom 1- 3.0m x 1.9m Well-appointed bedroom with a bright, fresh finish.
External Outside the property benefits from a small enclosed rear yard and a front yard finished with stones.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 108 Melrose Street, Belfast, BT9 7DQ
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