3-bedroom bungalow · BT66 7PT
Listing removedListed 105 days
Opportunity summary
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About
Three bedroom detached bungalow in desirable location Two reception rooms Kitchen and separate utility room Family bathroom Separate shower room Garage Oil fired central heating A three bedroom detached bungalow with garage, set on a lovely site within this small cul-de-sac just off the highly sought after Banbridge Road.
Conveniently located within walking distance of Lurgan town centre, this property offers an excellent opportunity for buyers seeking a home with potential in a desirable residential setting.
Although requiring modernisation, the property provides well-proportioned and well-appointed accommodation throughout, including two reception rooms, an ample kitchen, and the added benefit of a separate utility room.
Offering excellent scope to update and personalise, this home presents an ideal opportunity to create a comfortable family home but will also be an attractive option for those looking to down size.
Entrance Porch 2.16m x 1.65m (7'1 x 5'5) Accessed via timber front door, double glazed full length window, tiled flooring.
Entrance Hall Accessed via timber, double glazed door from porch, built in hot press and cloakroom, laminate flooring and access to attic.
Living Room 4.22m x 3.68m (13'10 x 12'1) Traditional brick and tile fireplace, laminate flooring and cornicing to ceiling.
Dining Room 3.25m x 3.02m (10'8 x 9'11) Front aspect reception with laminate flooring.
Kitchen 3.68m x 3.25m (12'1 x 10'8) Solid wood fitted kitchen with good range of high and low level units, space for free standing cooker, integrated under counter fridge, vinyl flooring and partially tiled walls.
Utility 2.97m x 1.75m (9'9 x 5'9) Plumbed space for washing machine, stainless steel sink unit, high and low fitted units, vinyl flooring and timber back door to rear.
Bedroom 1 3.28m x 3.02m (10'9 x 9'11) Rear aspect double bedroom with fitted wardrobes and laminate flooring.
Bedroom 2 3.25m x 3.00m (10'8 x 9'10) Front aspect double bedroom with fitted wardrobes and laminate flooring.
Bedroom 3 3.02m x 2.97m (deepest points) (9'11 x 9'9 (deepes Rear aspect single bedroom with built in wardrobe and laminate flooring.
Bathroom 3.00m x 2.06m (deepest points) (9'10 x 6'9 (deepes White bathroom suite comprising panel bath, wash hand basin with vanity and WC, tiled flooring and partially tiled walls.
Shower Room 1.83m x 0.86m (6 x 2'10) Mains powered shower, fully tiled walls and vinyl flooring. Garage 7.24m x 3.25m (23'9 x 10'8) 23’9 x 10’8 Electric roller door, houses boiler.
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
Agent & docs
FAQ
About 4 Shannaghmore Park, Lurgan, Craigavon, BT66 7PT
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