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See how verdicts work2-bedroom terraced house · BT7 2GU
Listing removedListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mid Terrace House Two Double Bedrooms Spacious Through Lounge Extended Kitchen and Utility First Floor Bathroom uPVC Double Glazing Gas Fired Central Heating Courtyard Rear Garden Excellent Location close to Ormeau Road Ideal First Home or Buy-to-Let Offered for sale with no onward chain, this extended and modernised mid terrace house is situated just off the Ormeau Road.
Benefitting from PVCu double glazing throughout and gas fired central heating, this is an excellent starter home for a First Time Buyer or, equally, an obvious rental opportunity for an investor.
The property is located in the sought after and vibrant Ormeau Road area within walking distance of a host of coffee shops, cafes, restaurants and artisan outlets.
Supermarkets at Lesley Forestside, Tesco (Newtownbreda) and Dunne's (Ormeau Bridge) are also within easy reach by either car or the frequent bus services.
For city centre workers, the Ormeau Road is on a direct route into "town" with the dedicated bus lane making the journey faster.
For investors, the appeal of the Ormeau Road has ensured that the area receives premium rents, and we estimate a return in excess of £11,000 gpa.
Accommodation Comprises Ground Floor Entrance Hall: uPVC double glazed front door, laminate floor, single panel radiator, inter-connected smoke alarm. Living/Dining Room: 7 x 2.77m @ widest.
Laminate floor, fireplace front and rear, two double panel radiators, inter-connected smoke alarm. Open plan to: Kitchen: 4.05 x 1.54m.
Built in range of high- and low-level cupboards, worktops, sink unit, built in electric oven and gas gob with cooker hood over with extractor fan, part tiled walls, inter-connected heat alarm, single panel radiator, understairs storage area.
Open plan to: Utility Room: 2.8m x 1.54m. High- and low-level cupboards, Worcester gas combi boiler, plumbed for washing machine, double panel radiator. Co detector.
First Floor Landing: Storage, inter-connected smoke alarm. Access to insulated attic space. Bedroom 1: 3.82m x 2.97m. Laminate floor, single panel radiator. Bedroom 2: 3.1m x 2.26m @ widest.
Laminate floor, double panel radiator.
Bathroom: White suite comprising "P" shaped panel bath with shower screen, thermostatic mixer tap shower, wash hand basin, wc, heated towel rail, mirrored cabinet, fully tiled walls, tiled floor, extractor fan.
Outside Front - Forecourt with slate, gas box. Rear - Enclosed courtyard. Council tax band: X, Domestic rates: £1106,
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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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.
Area
Agent & docs
FAQ
About 62 Jameson Street, Belfast, BT7 2GU
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