2-bedroom flat · BT7 1FD
To rentReduced £75 (−5.4%) on 2 OctListed 64 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Recently Constructed Spacious Second Floor Two Bedroom Apartment Superb Open Plan Kitchen / Living / Dining Room With Bright Floor to Ceiling Windows £1300 Per Month Excluding Rates State Of the Art Kitchen With Range Of Appliances and Quartz Stone Work Surfaces Stylish Contemporary Bathroom and Ensuite Two Bedrooms, Master With Ensuite Shower Room Impressive Double Height Entrance Lobby Portland 88 is a stunning landmark apartment development situated in a very convenient location on the Ormeau Road in Belfast City Centre.
Ormeau Park, the River Lagan and Lagan Towpath offer a range of outdoor areas within a few minutes walk from the scheme.
All amenities including sporting, retail and an abundance of restaurants located in South Belfast and Belfast City Centre are all situated within easy access.
203 is a superb second floor apartment comprising entrance hall, bright spacious living dining room open to fitted kitchen with range of integrated appliances, two bedrooms including master with ensuite shower room, and a contemporary main bathroom.
Early viewing is recommended. Ground Floor Communal Entrance Impressive double height reception, concierge service/desk and 'bringme' smart parcel drop locker. Lift access to all floors.
Second Floor Walnut veneer front door. Entrance Hall Video entry door system handset. Heating controls. Utility cupboard with washing machine.
Living Dining Area 7.54m (24'9) x 3.2m (10'6) at widest point Kitchen 3.3m (10'10) x 2.13m (7') at widest point High specification kitchen units with quartz worktop surfaces.
Bosch four ring ceramic hob and oven, integrated dishwasher and fridge/freezer, sink unit with mixer tap and water filter. Master Bedroom 3.2m (10'6) x 2.67m (8'9) Mirrored fitted double robes.
Ensuite Shower Room Walk in shower enclosure with thermostatically controlled 'Vado' rain shower, concealed cistern W.C and wash hand basin. Part tiled walls and floor. Shaver socket.
Electric heated towel rail. Bedroom Two 3.76m (12'4) x 1.91m (6'3) Mirrored fitted double robes.
Bathroom Saneux white suite comprising panelled bath with 'Vado' rain shower over, concealed cistern W.C and wash hand basin. Part tiled walls and floor. Shaver socket. Electric heated towel rail.
Communal Areas Carpeting throughout. Extensive bike storage.
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.
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 Apartment 2.03 Portland 88 55 Ormeau Road, Belfast, BT7 1FD
Explore nearby
