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See how verdicts work2-bedroom bungalow · BT32 3YE
Listing removedListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2 bedroom mid terrace bungalow is well finished throughout. The property is conveniently located to the town centre and amenities. Enclose stoned area to front with shrubbery. Brick paved parking area. Low maintenance enclosed rear laid in stones. Feature include oil heating and PVC double glazed windows.
Entrance Hall: 16’7 x 5’9 (5.1m x 1.8m) PVC front door with glass panel leads to entrance hall. Laminate wooden floor. Access to double door hotpress and cloak room.
Lounge: 13’1 x 11’1 (4.0m x 3.4m) Marble fireplace with tiled hearth and wooden mantle. Laminate wooden floor.
Kitchen/Dining: 10’5 x 10’1 (3.2m x 3.1m) Range of high and low level modern grey kitchen units. Single drainer stainless steel sink unit. Lamona ceramic hob with overhead stainless steel extractor fan. Lamona oven. Fridge/freezer. Laminate wooden floor.
Utility: 10’8 x 3’2 (3.3m x 1.0m) Washer/Dryer. Laminate wooden floor. PVC door leads to rear. Bedroom 1: 10’8 x 10’1 (3.3m x 3.1m) Built in double door wardrobe.
Bedroom 2: 10’4 x 8’5 (3.2m x 2.6m) Built in double door wardrobe.
Shower Room: 7’2 x 6’8 (2.2m x 2.1m) Tiled shower cubicle drying area and Triton electric shower. WC and wash hand basin. Chrome towel radiator. Tiled floor.
Directions From Banbridge travel up the Scarva Road and turn right at traffic lights onto Reilly Street. Iveagh is approximately 1/4 mile along this road on the left.
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.
Area
Agent & docs
FAQ
About 13 Iveagh Drive, Banbridge, BT32 3YE
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