Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom terraced house · BT37 9PF
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Reeds Rains Estate Agents & Letting Agents via the iamsold Bidding Platform Please note this property will be offered by online auction (unless sold prior).
For auction date and time please visit iamsoldni.com. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
A spacious end townhouse with a wealth of internal accommodation. This home offers spacious lounge, kitchen and rear hall / utility area to the ground floor.
The first floor comprises four spacious bedrooms and a modern shower suite. Further features include oil fired central heating and double glazing.
Externally this property boasts well maintained low maintenance gardens to the front and rear. Attached Garage is a additional feature of this ideal first time buyer home.
Entrance Hall; Lounge 4.7m x 3.02m (15'5" x 9'11") Naturally bright and spacious lounge with wall mounted electric fire. Large window aspect to the front of the property.
Kitchen 4.65m x 2.46m (15'3" x 8'1") Superb range of high and low level gloss units with complimentary worktop surfaces.
One and half bowl stainless steel drainer unit and sink with mixer tap. Integrated appliances to include fridge freezer and dishwasher.
Built in twin oven and touch point hob with extractor fan overhead. Tiled flooring and tiled splashback areas and upvc ceiling. Casual dining space. Access to rear hallway.
Rear Hallway: Used a small utility area. Built in storage cupboard. Access to rear garden.
Stairs To First Floor Landing; Bedroom One: 4.42m x 2.6m (14'6" x 8'6") Large spacious master bedroom with twin mirrored slider robes.
Bedroom Two 2.6m x 1.9m (8'6" x 6'3") Double room with carpeted flooring. Bedroom Three 3.78m x 2.44m (12'5" x 8'0") Double room with carpeted flooring. Built in storage cupboard.
Bedroom Four 2.77m x 2.51m (9'1" x 8'3") Double room with carpeted flooring. Built in storage cupboard.
Stylish Shower Suite: Stylish shower suite with large walk in cubicle with Mira electric shower overhead. Dual flush WC and sink with vanity unit beneath. Large chrome heated towel rail.
Upvc walls and ceiling. LED mirror. Externally: Off Street Parking Neat lawned area to the front of the property. Well maintained and low maintenance patio area to the side and rear.
Attached Garage -Well Appointed End Townhouse -Spacious Lounge And Kitchen / Diner -Four Spacious Bedrooms -OFCH And Double Glazed -Modern Shower Room -Enclosed Rear Garden -Attached Garage To view or make a bid contact Reeds Rains Estate Agents & Letting Agents or iamsold, www.iamsoldNI.com Starting Bid and Reserve Price *Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change.
Terms and conditions apply to the Unconditional Method of Auction, which is powered by IAM Sold. Auctioneer's Comments This property is for sale under Traditional Auction terms.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, the buyer and seller must Exchange immediately, and Complete 28 days thereafter.
The buyer is required to make payment of a non-refundable Contract Deposit of 10% to a minimum of £6,000.00.
The buyer is also required to make a payment of a non-refundable, Buyer Administration Fee of 1.80% of the purchase price including VAT, subject to a minimum of £2,400.00 including VAT, for conducting the auction.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you.
Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Energy Performance Certificate (EPCs) Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs.
All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve.
Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place.
The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’.
An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’.
All homes are measured using the same calculations, so you can compare the energy efficiency of different properties. Property Particulars Please contact us for more information about this property.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 3 Owenreagh Close, Newtownabbey, BT37 9PF
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