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See how verdicts work2-bedroom flat · BT52 1GY
Listing removedListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Penthouse Apartment (Second Floor) 2 Bedrooms, 1 Reception Room Stunning River Bann views Gas Heating (Mains supply) uPVC double glazed windows Close to town centre, cafes, supermarkets and leisure facilities Designated car parking space within basement level Lift facilities to all floors Modern kitchen and sanitary ware Entrance Hall: with access to roof space, cloaks cupboard.
Utility Cupboard: with plumbing for washing machine, housing for gas boiler, tiled floor.
Open plan Lounge / Kitchen: 7.9m x 4.4m (25'11 x 14'5) (Max) Lounge: with wooden effect flooring, television and telephone points, uPVC French doors leading to: Balcony: with outside light, stunning River Bann views.
Kitchen: modern kitchen with eye and low level units including saucepan and cultery drawers, corner carousel shelves, concealed lighting, granite worktop and between units, Quooker tap, Franke stainless steel sink unit, Neff oven and microwave oven, integrated fridge / freezer, integrated Candy slimline dishwasher, tiled floor and recess lighting in kitchen area, dimmer switch lighting, intercom door entry system.
Bedroom 1: 5.3m x 3.68m (17'5 x 12'1) (Max) with uPVC door with safety railings.
En-suite: Recently fitted tiled shower enclosure with mains shower fitting, wash hand basin set in vanity unit, w.c., tiled floor, part tiled wall, wall mounted radiator, touch screen mirror with back lighting, extractor fan.
Bedroom 2: 3.25m x 3.17m (10'8 x 10'5) Shower Room: Recently fitted tiled shower enclosure with mains shower fitting, wash hand basin set in vanity unit, w.c., tiled floor, part tiled wall, wall mounted radiator, touch screen mirror with back lighting, extractor fan, Velux window.
EXTERIOR FEATURES Electronic vehicular gates off the Mountsandel Road into Ardbana Apartments. Designated car parking space within basement level, additional visitor car parking spaces.
Communal bin storage area. Communal satellite dish. MANAGEMENT COMPANY All purchasers will be shareholders in a MANAGEMENT COMPANY formed to maintain communal and open space areas.
MANAGEMENT FEE: The assessment for the year as at 4th August 2026: £1660.00 plus Building Insurance, which is currently £256.00 per annum. Tenure: Assumed Freehold
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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.
Area
Agent & docs
FAQ
About Apt 24, Ardbana Terrace, Mountsandel Road, Coleraine, BT52 1GY
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