2-bedroom terraced house · BT12 6NT
Let agreedReduced £25 (−2.9%) on 2 OctListed 39 days · slow let
Opportunity summary
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About
Well Presented Mid Terrace One Reception Room Modern Kitchen with Dining Area Two Double Bedrooms Luxury Bathroom Suite Oil Fired Central Heating Double Glazed Windows Utility/Sun Room Private and Enclosed Rear Yard A modern and well presented two bedroom mid terrace just off Tates Avenue in South Belfast.
The location is close to local amenities on the Boucher and Lisburn Roads, and to both Royal Victoria Hospital and Belfast City Hospital.
It is also very close to Queens University and a mere 15 minute walk to Belfast City Centre.
Internally the property comprises one reception room with laminate wooden flooring, modern beech shaker style kitchen with a dining area, includes electrical appliances.
Sun/Utility room with high and low level units and single drainer sink unit.
On the first floor are two double bedrooms, modern bathroom with three piece suite comprising panelled bath with electric shower, dual flush WC and pedestal wash hand basin.
The property also benefits from a private and enclosed rear yard, oil fired central heating and Upvc double glazed windows. Living Room Laminate wooden flooring, feature fireplace.
Kitchen Modern shaker style kitchen with range of high and low level units and dining area, comes with a range of electrical appliances.
Utility Room Utility room with high and low level units, single drainer sink unit. Bedroom 1 Double bedroom with built in beech wardrobe and laminate wooden flooring.
Bedroom 2 Double bedroom with built in storage and laminate wooden flooring.
Bathroom Luxury bathroom with three piece suite comprising panelled bath with electric shower, dual flush wc and pedestal wash hand basin.
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
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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 10 Olympia Parade, Belfast, BT12 6NT
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