2-bedroom flat · BT23 4US
Listing removedListed 88 days
Opportunity summary
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About
Phoenix gas fired central heating system / Upvc double glazed windows. Modern deluxe fitted kitchen with built-in double oven, five ring hob unit, extractor hood and dishwasher.
Two bedrooms (master bedroom with en-suite shower room) open plan Lounge / Dining Room. Deluxe white bathroom suite with ceramic wall and floor tiling.
High specification throughout with internal Oak doors, video entry system and home technology.
This beautifully presented ground floor apartment offers well proportioned accommodation in this highly sought-after residential location just off the Belfast Road and has a high presentation throughout and needs to be viewed internally to be fully appreciated.
The information contained within these particulars is intended as a guide only. Although prepared with care, its accuracy cannot be guaranteed and it does not form part of any contract.
Interested parties should rely on their own enquiries and seek professional advice where necessary. We are happy to provide clarification on any specific points upon request.
All measurements are given as approximate. Fixtures, fittings, and appliances have not been tested, and no warranty is offered regarding their condition or operation.
Photographs & floor plans are for illustrative purposes only and should not be assumed to represent items included in the sale unless specifically stated.
Ground Floor Entrance hall with ceramic tiled floor.
LOUNGE / DINING ROOM : 7.09m x 4.34m (23' 3" x 14' 3") Ceramic tiled floor, recessed spotlighting, Upvc double glazed sliding patio door to timber deck area, open plan to…..
DELUXE FITTED KITCHEN : 3.84m x 2.18m (12' 7" x 7' 2") 1 ½ Tub single drainer stainless steel sink unit with mixer taps, range of high and low level units, formica round edged work surfaces, built-in double oven, five ring gas hob unit, extractor hood, integrated dishwasher, phoenix gas boiler, ceramic tiled floor.
BEDROOM (1): 4.32m x 3.81m (14' 2" x 12' 6") Recessed spotlighting.
ENSUITE SHOWER ROOM: White suite comprising fully tiled shower cubicle, vanity unit with mixer taps, low flush WC, ceramic tiled floor, built-in robes and bench seating.
BEDROOM (2): 3.1m x 2.21m (10' 2" x 7' 3") DELUXE BATHROOM : White suite comprising tiled panelled bath with mixer taps, vanity unit with mixer taps, low flush WC, wall tiling, ceramic tiled floor.
Outside FEATURES : Allocated car parking space and additional visitor parking space. COMMUNAL GARDENS : Communal gardens to front, side and rear in shrubs, bushes and timber deck area.
MANAGEMENT FEE : £153.00 monthly - Includes block insurance, communal areas upkeep including gardens etc. GROUND RENT : FREEHOLD Directions Off Belfast Road, Newtownards
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 17 Lakeview Manor, Newtownards, BT23 4US
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