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See how verdicts work2-bedroom flat · BT23 4US
Listing removedListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set just off the Belfast Road and close to Kiltonga Wildlife Centre these stunning luxury apartments are in high demand from discerning buyers.
This particular property is a second floor "penthouse apartment" with the "tower" that offers additional space in the kitchen and lovely 180 degree views.
The property is presented to an excellent standard throughout and centres around a spacious open plan kitchen/lounge/dining area with semi vaulted ceiling, luxury kitchen with granite worktops and a modest balcony.
Crossing the central hallway you'll find the master bedroom, with walk through storage area and ensuite shower room, a family bathroom, with double shower cubicle, and the second bedroom, currently utilised as a dressing room and home office.
The property benefits from uPVC double glazing, Phoenix gas central heating and integrated sound system.
For those who don't fancy the stairs there is a well maintained lift, allocated parking space and small communal garden with bins storage area outside.
This isn't your average apartment so we recommend booking an appointment to see it for yourself and, whilst it may suit all ages, I could think of worse places in which to spend my retirement.
Entrance Communal door with intercom. Lift access and stair access to apartment. Entrance Hall Tiled floor. Storage cupboard. Lounge/Dining Area (7.77mx4.37m (25'6x14'4)) At widest point.
Semi vaulted ceiling. Tiled floor. Recessed spotlights. Sliding patio doors to balcony. Open plan to kitchen area.
Kitchen (3.86mx3.07m (12'8x10'1)) 'Shaker' styler kitchen cabinets with granite work top and breakfast bar. 11/2 stainless steel sink with mixer taps. Integrated oven, hob and extractor fan.
Integrated dishwasher. Integrated fridge freezer. Tiled floor. Recessed spotlights. Views. Utility Cupboard (1.83mx0.91m (6x3)) Plumbed for washing machine.
Bathroom (1.60mx3.15m (5'3x10'4)) White suite comprising WC and wash hand basin. Double shower cubicle with thermostatic 'Rain' shower. Aqua paneling. Chrome towel rail. Recessed spotlights.
Built in ceiling speakers. Bedroom 1 (4.37mx2.79m (14'4x9'2)) Semi vaulted ceiling. Recessed spotlights. Walk through wardrobe leading to ensuite shower room. Built in ceiling speakers.
Ensuite Shower Room (2.36mx1.55m (7'9x5'1)) Thermostatic shower. Tiled floor. Tiled shower. Recessed spotlights. Extractor fan. Towel rail. Velux window.
Bedroom 2 (3.15mx2.18m (10'4x7'2)) Built in wardrobe with sliding doors. Recessed spotlights. Built in ceiling speakers. Outside Allocated parking. Bin area.
Tenure Leasehold 900 years - wef 16/03/2009 Ground rent tbc Property Misdescriptions Every effort has been made to ensure the accuracy of the details and descriptions provided within the brochure and other adverts (in compliance with the Consumer Protection from Unfair Trading Regulations 2008) however, please note that, John Grant Limited have not tested any appliances, central heating systems (or any other systems).
Any prospective purchasers should ensure that they are satisfied as to the state of such systems or arrange to conduct their own investigations.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
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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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
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FAQ
About 25, Lakeview Manor, Newtownards
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