3-bedroom flat · BT4 2NG
Listing removedListed 64 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning late 1800's house, converted into 6 luxury spacious apartments Amazing original features all retained Own front entrance Three double bedrooms, principal with ensuite Most welcoming entrance hallway Large living room with amazing open fire Separate dining area or additional living space Modern kitchen with solid tops and integrated appliances with access to communal gardens Main family bathroom and additional W.C.
Gas fired central heating Exceptional communal grounds which include several large lawns and tree lined walks Use of residents outdoor heated pool (May - September) and pool house Ample residents and visitor parking Offered unfurnished and available from 19th September 2026 £2150 per month to include all management charges, rates and use of the external areas Tucked away at the top of the Belmont Road stands the stunningly beautiful Lismachan House.
Built in the late 1800’s this building occupies exceptional, mature grounds containing woodland walks and several beautifully maintained lawns.
Once a large, period family home, Lismachan House now contains 6 well proportioned apartments whose residents share not only the beautiful grounds of the property but also have exclusive access to an outdoor, heated swimming pool.
Templeton Robinson is pleased to welcome onto the rental market number 1, the largest apartment in this unique development/conversion.
Ideally located at the top of the Belmont Road, this property provides easy access to the local amenities of Belmont & Ballyhackamore and has great transport routes into Belfast City centre.
Early viewing is highly recommended to appreciate everything on offer through this unique rental opportunity.
Directions Travelling country bound on the Belmont Road pass through the traffic lights where the Old Holywood Road meets the Belmont Road.
From the lights, the third turn on the left is Glenmachan Road. The entrance to Lismachan House is just on the corner.
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 Flat 1 Lismachan House, 378 Belmont Road, Belfast, BT4 2NG
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