2-bedroom flat · BT48 7LP
Listing removedListed 140 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Eo'c Estate agents are bringing this great property to the market ideal for a home in the City or an investment property, rental income of £800/month or just that pad in the City close to all amenities.
With Gas central heating and car parking. Main Foyer Security Fob glass door to communal entrance with fully tiled floor and elevator and stairs, also access through security door from car park.
Building Hallway From elevator into hallway with carpeted flooring, Rubbish Chute. Apartment Hallway Bright hallway with laminate flooring, storage cupboard on left as you enter.
Bathroom White suite comprising, lfwc, panel bath with shower above and glass shower screen, tiled wall and tiled floor. Pedestal wash hand basin, large wall mirrors, extractor and towel Radiator.
Kitchen/Dining (3 x 2.3 (9'10" x 7'6" )) Refurbished kitchen units, High and low level, with stainless steel sink and drainer, integrated electric hob and oven with extractor above, fridge freezer and plumbed for washing machine.
Part tiled wall and tiled floor. Bedroom 1 (4.2 x 2.7 (13'9" x 8'10")) Double room with new carpet flooring and built in robes and lockers.
Triple glazing Bedroom 2 (4.2 x 2.7 (13'9" x 8'10" )) Double room with new carpet flooring and built in Lockers and Robe. Triple glazing.
Living Room (4.4 x 4.1 (14'5" x 13'5")) This large bright spacious room has new carpet and access to a balcony over looking the Strand Road. West facing gets evening sun.
Car Park There is a multi story carpark attached with 1 parking space for the apartment.
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
We're still gathering serviced-accommodation data for this area.
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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 401, College Place, Strand Road, Derry
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