2-bedroom property · BT24 8AB
To rentListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Online application to be completed prior to viewing www.welet-wesell.com/lettings-application-form Professionals preference of landlord Not suitable for young children Pets not accepted at landlord's request Mature tenant(s) preference of landlord Non-smokers preference of landlord New energy efficient gas boiler ACCOMMODATION (All measurements are approximate) Communal Entrance - Hardwood door opening into hallway with staircase leading to apartments Entrance Hallway - Carpet Living Area - Laminated wood flooring Kitchen - Tile effect flooring, range of high and low-level kitchen units, laminated work surfaces, stainless steel sink and drainer with mono tap, free standing cooker, washing machine & undercounter fridge Bedroom 1 - Laminated wood floor Bedroom 2 - Laminated wood floor Bathroom - White suite comprising WC, pedestal wash hand basin, panel bath with shower screen & overhead electric shower, wooden effect flooring
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 High Street, Ballynahinch, BT24 8AB
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