2-bedroom property · BT7 3AG
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Excellent 2 Bedroom Mid Terrace Property 3rd Room suitable for Work From Home Office Bright Spacious Through Lounge Superb Location / Close to City Centre & Ormeau Road Amenities Modern Kitchen and Bathroom Electric Shower Oil Heating / Double Glazing Select Property Management bring to the rental market this excellent mid terrace property located just off the Ormeau Road.
A popular and convenient location with a range of amenities on your doorstep. On the gound floor - we have entrance hall .
a bright spacious through lounge and an extended kitchen with fitted appliances and a dining space.
On the first floor there are 2 double bedrooms, an office / study and a modern shower room with electric shower Excellent public transport links and nearby bus stops provide an easy commute to Belfast city centre and beyond. Early viewing is highly recommended.
Available 1st November 2026
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
Short-let licence or registration needed
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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 47 Elgin Street, Ormeau Road, Belfast, BT7 3AG
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