We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · BT22 1JZ
Listing removedListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Portaferry with outstanding views across Strangford Lough towards the picturesque village of Strangford, this charming shoreline property dating back to the 1850s is brimming with old-world charm and character throughout.
Set on a generous private site with extensive mature gardens to the rear, the property perfectly combines history, charm and modern-day comforts in one truly special home.
Outside, the elevated rear gardens offer a wonderful private retreat with a sun terrace, decked entertaining area and Jacuzzi hot tub, all perfectly positioned to take in the stunning surroundings.
Within walking distance to local amenities, the Marina and the Strangford Ferry, the property offers endless opportunities to enjoy outdoor living, from sailing and boating on Strangford Lough to scenic coastal walks and exploring the beautiful surrounding countryside.
Currently operating as a successful Airbnb, the property will appeal to a wide range of purchasers, whether those looking to continue a thriving holiday rental business with an established clientele or buyers simply dreaming of life on the waterfront with breathtaking views.
Internally, the property comprises an entrance porch leading into a spacious lounge which is open plan to a charming yet contemporary fitted kitchen with dining area, all enjoying spectacular Lough views.
To the rear, the property has been extended to provide a spacious double bedroom, currently used as an additional lounge, along with an ensuite shower room adapted for wheelchair use.
This flexible ground floor layout would ideally suit someone with mobility needs or those seeking the convenience of ground floor living. A utility room completes the ground floor accommodation.
Upstairs are three beautifully presented bedrooms, two of which are generous doubles boasting fabulous views across Strangford Lough towards Strangford Village and Castle Ward, while the rear bedroom overlooks the mature private gardens.
A family bathroom completes the first floor.
Externally, the property is set over tiered gardens, with the upper level dedicated to a fantastic sun terrace with Jacuzzi hot tub and is laid in lawn with mature trees and shrubs, creating a peaceful and private outdoor space to relax and unwind.
Altogether, this exceptional home offers a rare opportunity to acquire a historic shoreline property in one of the area’s most sought-after coastal settings.
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
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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
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FAQ
About 28 Shore Road, Newtownards
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