2-bedroom flat · BT5 6FN
To rentListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
UNFURNISHED GROUND FLOOR APARTMENT Centre of Ballyhackamore Village Two Double Bedrooms Open Plan Living /Kitchen Bespoke Bathroom Gas Fired Central Heating/Allocated Parking Key Accompanied Viewings Through branch Reeds Rains are delighted to present to the open rental market this bright and spacious ground floor apartment.
Situated just off the Sandown Road this apartment is ideally located only minutes away from the ever more popular Ballyhackamore village with its varied range of amenities, eateries and popular nightlife spots.
The apartment comprises of a bright spacious open plan living/dining/kitchen. Two spacious bedrooms and bathroom with white suite.
Further benefits included allocated car parking for one car and gas fired central heating system. To arrange a viewing please contact the branch on 028 90 65555.
Gated Development Allocated Car Parking. Communal Entrance Private Access to Ground Floor Apartment. Entrance Hall External front door. Carpeted Flooring. Radiator.
Open Plan Living Area Bright living area with carpeted flooring leading to modern fitted kitchen and dining area.
Modern Fitted Kitchen Comprising one bowl stainless steel sink unit with chrome mixer tap. Excellent range of wall and base units. Laminate work surfaces.
Four ring ceramic hob and integrated stainless steel electric oven with stainless steel extractor fan. Freestanding fridge freezer and washing machine. Wall and floor tiling.
Recessed ceiling lighting. Dining area. Bedroom 1 Double bedroom. Carpet, Radiator. Bedroom 2 Double bedroom. Carpet. Radiator.
Modern Bathroom White suite comprising of pedestal wash hand basin with chrome mixer tap. Close coupled low flush w.c. Walk in shower enclosure with thermostatically controlled mains shower unit.
Panelled bath with chrome mixer tap and telephone hand shower. Wall and floor tiling. Radiator, Heating Gas fired central heating system, Double glazing throughout. External Gated development.
Allocated car parking.
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
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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 Apartment 1 15 Clara Road, Belfast, BT5 6FN
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