3-bedroom property · BT5 5PE
For saleListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superbly Presented Three-Bedroom Semi-Detached Home within Walking Distance of Ballyhackamore and the Belmont Road Close to Local Leading Schools and Belfast City Airport Excellent Transport Links to Belfast City Centre via the Glider Network Close Proximity to the Cregagh Road, Ormeau Road, Forestside Shopping Centre and Stormont Estate Three Well Appointed Bedrooms with the Third Bedroom as an Office / Walk in Wardrobe Bespoke Fully Fitted Kitchen with Range of Built in Units and Premium Appliances Granite Worktops Throughout with Breakfast Island and Built in Seating / Dining Area Separate Utility Room with Downstairs WC Newly Fitted Family Bathroom with Modern White Suite Detached Garage with Utility Room to Rear Front Garden Laid in Lawns with Surrounding Mature Hedging Extensive Enclosed Private Rear Garden with Raised Patio Area and Stunning Views Across Belfast City Centre Tarmac Driveway with Ample Private off Street Parking Gas Fired Central Heating and Newly Installed UPVC Double Glazing Early Viewing Highly Recommended This is an excellent opportunity to acquire a beautifully presented three bedroom semi-detached property in the heart of East Belfast.
Located conveniently within walking distance of Ballyhackamore and the Belmont Road, this property offers easy access for commuters traveling to Belfast City Centre and further afield via Belfast City Airport.
In short the property comprises of a bright and airy reception hall with composite front door, magnificent open plan kitchen living dining space with built in seating area, additional built in storage, a newly fitted bespoke kitchen with range of built in units and appliances with granite worktops and a breakfast island, utility room with downstairs WC, three well-appointed bedrooms and a newly fitted family bathroom with modern white suite.
The property further benefits from newly installed UPVC double glazing, gas fired central heating, a floored roofspace providing additional storage, tarmac driveway with private off street parking, detached garage with utility room to the rear and an extensive enclosed private rear garden with raised patio area and superb views across Belfast City Centre.
Tastefully upgraded and decorated throughout by the current owners, 148 Grand Parade provides an excellent opportunity for to acquire a move in ready property in an extremely popular location.
Recent sales in this area have proven to be very popular we therefore recommend viewing at your earliest convenience.
Ground Floor COVERED ENTRANCE PORCH: Composite front door with glass insets to: RECEPTION HALL: Cloaks area, picture window.
Cornice ceiling, low voltage recessed spotlights, solid parquet wooden flooring, under stairs storage.
OPEN PLAN KITCHEN/LIVING/DINING SPACE: 7.62m x 5.79m (25' 0" x 19' 0") (at widest points and into bay window). Space for fireplace, cornice ceiling, solid parquet wooden flooring.
Bespoke fully fitted kitchen with range of high and low level units, granite worktops, integrated touch screen four ring ceramic hob, extractor fan and granite splashback.
Integrated 50/50 fridge/freezer, integrated high level double oven and grill, integrated microwave oven, integrated dishwasher.
Breakfast island with granite worktops and inset stainless steel sink unit with chrome instant boiling water tap and side drainer. Space for seating. uPVC sliding glazed doors to rear patio garden.
Further storage cupboard. Wood panelled walls with seating area, floor to ceiling radiator.
DOWNSTAIRS W.C./UTILITY: White suite comprising low flush wc with push button, pedestal wash hand basin with chrome tap and built-in vanity unit, plumbed for washing machine, tiled floor, frosted glass window, low voltage recessed spotlights.
Door leading to rear garden. First Floor LANDING: Picture window.
FAMILY BATHROOM: White suite comprising low flush wc with push button, floating wash hand basin with chrome mixer tap and tiled splashback, built-in vanity unit.
Panelled bath with chrome mixer taps and telephone attachment, rain head shower. Part tiled walls, tiled floor, heated towel rail, low voltage recessed spotlights, extractor fan.
BEDROOM (1): 3.56m x 3.25m (11' 8" x 10' 8") (at widest points). Outlook to front, cornice ceiling, picture rail. BEDROOM (2): 3.23m x 3.05m (10' 7" x 10' 0") (at widest points).
Outlook to rear. Cornice ceiling. BEDROOM (3): 2.46m x 2.26m (8' 1" x 7' 5") (at widest points). Outlook to front. Laminate wood effect flooring. Cornice ceiling, picture rail.
Access hatch to fully floored roofspace via Slingsby type ladder, light and excellent storage, Velux window.
Outside Enclosed front garden laid in lawns with surrounding hedging and tarmac driveway with off-street parking for two cars.
Extensive enclosed private rear garde with views across Belfast City Centre. Part patio, part laid in lawns with surrounding flowerbeds. DETACHED GARAGE: Side door access and wooden doors.
Utility area to rear with plumbing for washing machine and space for tumble dryer and fridge/freezer. Light and power. Access gate to side and bin storage.
Outside tap and outside light, power sockets. Directions Travelling towards Ballyhackamore along Grand Parade, number 148 is located on the left hand side just before the North Road roundabout.
-------------------------------------------------------- MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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.
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About 148 Grand Parade, Belfast, BT5 5PE
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