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See how verdicts work2-bedroom property · BT7 3LN
For saleListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground Floor Apartment Convenient Location On The Banks Of The River Lagan Two Bedrooms Principle With En-Suite Lounge Open To Dining Room Fitted Kitchen White Bathroom Suite Gas Heating Double Glazed Communal Courtyard Designated Parking Situated off Annadale Avenue on the banks of the River Lagan, Wellington Square is a popular development within walking distance to Forestside Shopping Centre, Queens University and the PEC, Stranmillis Village and the Ormeau Road with its array of cafes restaurants and entertainment facilities.
Also close by is the Lagan towpath with transport links into and out of Belfast City Centre.
Situated on the ground floor, this apartment offers spacious, well proportioned accommodation comprising two bedrooms, one with en-suite, good sized lounge / dining, fitted kitchen with granite work surfaces and a white bathroom suite.
The property also benefits from a gas heating system and double glazing. Outside there is communal courtyard that can be accessed directly from the apartment as well as secure underground parking.
An excellent property for the first time buyer and also those hoping to downsize benefit from the convenience of apartment living. Ground Floor Apartment Communal entrance via intercom system.
Main front door to entrance hall. Double built in storage. Access to inner Hallway. Lounge/Dining 5.82m x 4.57m (19'1 x 15'0) (at widest points) Wood block walnut flooring. Inward opening patio doors.
Open plan to fitted kitchen Fitted Kitchen 3.53m x 2.26m (11'7 x 7'5) Full range of high and low level units, granite work tops, built in hob and oven, stainless steel overhead extractor fan, integrated fridge freezer and dishwasher, housing for gas boiler.
Part tiled walls. Tiled flooring. Spot-lights. Bedroom One 3.58m x 3.15m (11'9 x 10'4) Pvc glass panelled doors providing access to communal courtyard.
Contemporary En-suite Comprising large walk in shower cubicle with Matt black frame and matching shower unit with drench head and hand shower attachment, wash hand basin with mixer taps and storage below, low flush w.c Fully tiled walls.
Tiled flooring. Spot-lights.
Bedroom Two 4.72m x 3.07m (15'6 x 10'1) White Bathroom Suite Comprising panelled bath with mxier taps and hand shower, wash hand basin with mixer taps, low flush wc Part tiled walls.
Tiled flooring Spot-lights. Outside As the apartment is situated on the ground floor there is direct access to the communal courtyard. Designated, secure parking via electric gates.
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 Apt 5 Meadow House, 47 The Boulevard, Belfast, BT7 3LN
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