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See how verdicts work3-bedroom terraced house · BT19 6LD
For saleReduced £5k (−3.6%) on 26 SepListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
End of Terrace Home Three Bedrooms Currently Adapted to Provide Two Bedrooms Living Room with Feature Fireplace Fitted Kitchen with Dining Space Three Piece White Bathroom Suite uPVC Double Glazing Throughout Oil Fired Central Heating Generous Southerly Rear Garden Useful Outbuildings with Power & Light Currently Tenanted The property comprises an entrance hall, living room with feature fireplace, fitted kitchen with dining space, three bedrooms currently adapted to provide two bedrooms & a three piece white bathroom suite.
This property benefits from uPVC double glazing throughout, oil fired central heating, a generous southerly rear garden & useful outbuildings with power & light.
The property is currently tenanted & the existing tenant has expressed an interest in remaining should the property be purchased as an investment, presenting an attractive opportunity for prospective landlords.
Equally, the property is being offered to the wider market for those wishing to purchase for their own occupation, subject to the appropriate notice & vacant possession arrangements.
Springwell Grove is conveniently located within the popular village of Groomsport, within easy reach of local amenities, the picturesque coastline & Groomsport Harbour, whilst Bangor City Centre is also readily accessible.
This property should appeal to a wealth of buyers, including investors, first time buyers & those seeking a home within this popular coastal location because of its accommodation, location & price.
Entrance Hall uPVC double glazed external door, single radiator & laminate wood flooring. Living Room Feature fireplace with electric inset & slate hearth.
uPVC double glazed window, double radiator & carpeted flooring.
Kitchen with Dining 18`1`` x 8`1`` (5.50m x 2.46m) Range of high & low level units with stainless steel sink unit & side drainer with mixer tap.
Recessed for cooker, washing machine & fridge freezer. Under stairs storage. uPVC double glazed windows & external door, walls tiled at units, double radiator & vinyl flooring.
Bedroom One 15`11`` x 10`1`` (4.84m x 3.08m) uPVC double glazed windows, single radiator & laminate wood flooring.
Bedroom Two 10`8`` x 8`8`` (3.24m x 2.63m) uPVC double glazed window, single radiator & laminate wood flooring.
Bathroom Three piece white suite comprising panelled bath with electric shower over, pedestal wash hand basin & close coupled W.C.
uPVC double glazed frosted window, extractor fan, single radiator & vinyl flooring. Hot press with lagged copper cylinder & airing shelves.
Front Exterior Garden laid in lawn with concrete path, bordered by mature hedging with gated access.
Rear Exterior Generous southerly rear garden laid in lawn with concrete path, bordered by fencing with gated access. Outbuildings providing useful storage with power & light.
PVC oil tank & outside water tap. what3words /// responded.passages.awakes Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 1 Springwell Grove, Groomsport, BT19 6LD
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