3-bedroom semi-detached house · BT51 3EF
Listing removedListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi-Detached Three Bedroom Investment Opportunity Residential Area Garage Oil Central Heating Private Driveway 7 Slemish Place - 3 bedroom, semi-detached house.
Causeway Coast Sales presents, 7 Slemish Place.
Situated in a well-established residential area of Coleraine, a three-bedroom semi-detached home offering excellent potential for first-time buyers, investors, or those looking for a renovation project.
Conveniently located close to local schools, shops, and everyday amenities, the property benefits from a practical layout with generous outdoor space.
Externally, there are paved gardens to both the front and rear, providing low-maintenance outdoor areas, along with a private driveway and detached garage offering off-street parking and additional storage.
The property is fitted with oil-fired central heating and uPVC double-glazed windows throughout.
Requiring modernisation, this home presents an excellent opportunity to add value and create a comfortable family home or a strong rental investment.
With its convenient location and great potential, 7 Slemish Place is an ideal fixer-upper. Early viewings advised to avoid disappointment.
Rates: £986 per annum (approx.) Electricity supply: Mains Heating: Oil Water supply: Mains Entrance hall 3.28m x 1.8m (10'9 x 5'11) Bright and welcoming entrance hall.
Carpeted stairs to first floor with storage. Laminate flooring. Living room 5.72m x 3.45m (18'9 x 11'4) Spacious family sized living room. With feature uPVC window. Laminate flooring.
Power points throughout. Dining 3.38m x 2.87m (11'1 x 9'5) uPVC window. Laminate flooring. Decorative arch access into kitchen.
Kitchen 2.24m x 3.45m (7'4 x 11'4) Fully-fitted kitchen with high- and low-level storage. Space for integrated appliances. Tiled splashback and flooring. Access to rear garden.
FIRST FLOOR: Bedroom 1 3.4m x 3.1m (11'2 x 10'2) Spacious bedroom with large uPVC feature window. Laminate flooring. Multiple power points. Bedroom 2 2.29m x 3.89m (7'6 x 12'9) uPVC window.
Laminate flooring. Built in storage. Power points throughout. Bedroom 3 3.84m x 2.16m (12'7 x 7'1) uPVC window. Laminate flooring. Power points throughout.
Bathroom 1.83m x 1.65m (6'0 x 5'5) Electric over-bath shower unit and enclosure. Frosted glass uPVC window. Low-flushing toilet. Pedestal wash hand basin.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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 7 Slemish Place, Coleraine, BT51 3EF
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