5-bedroom property · BT9 5AN
To rentListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Elite Rooms Belfast brings you the highest quality rooms to rent in shared accommodation, these rooms are fully furnished to a very high standard. This house is in an ideal commuter area close to Belfast city centre and local Universities, on a well serviced public transport route close to all amenities.
List Price quoted is based on a 12 month contract. All properties are of HMO standard with regular alarm checks and all deposits are registered with TDS.Deposit and 1 months’ rent is required from the tenant upon moving into the property.
Utility billing charge is included in listed room price and covers Electricity, Heating and Unlimited WIFI.
The following is strictly prohibited in all of our properties - smoking, parties, loud music and pets. Elite Rooms Belfast offers: Move in ready rooms in shared accommodation with bedding(extra cost), cookware and crockery provided.
Best locations in the city A team of maintenance professionals ensure our properties are serviced regularly For more information or to book a viewing please contact any of the following via txt message: Margaret 07305961684 Wayne 07387947772 Danielle 07982142737
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
We're still gathering serviced-accommodation data for this area.
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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 Colenso Parade, Belfast, BT9 5AN
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