3-bedroom bungalow · BT45 6PG
Sold STCListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi-detached bungalow with garage, situated within the popular Parkmore Crescent area of Magherafelt. Well-proportioned, practical accommodation ideally suited to a wide range of purchasers.
Internally, the property comprises a fitted kitchen, comfortable lounge, three bedrooms and a family bathroom.
Externally, the property benefits from lawns to front and side with a pathway leading to the front entrance, with partially fenced boundary.
To the side of the property there is a combination of tarmac and gravel providing useful private off-road parking and access to a detached garage.
The rear comprises a concrete yard area together with an outside utility area and separate store, providing valuable additional storage and workspace.
Parkmore Crescent is conveniently positioned for access to Magherafelt town centre.providing an excellent range of shops, supermarkets, schools, restaurants, cafés, leisure facilities etc.
Magherafelt also occupies a convenient central location within Mid Ulster, with good road connections providing access towards Belfast, Derry/ Cookstown, Antrim and the wider motorway and major road n
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.
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
FAQ
About 2 Parkmore Crescent, Magherafelt, BT45 6PG
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