2-bedroom terraced house · BT7 3EB
No longer listedListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mid terrace property located off the Ormeau Road Through lounge/dining area with tiled flooring Modern fitted shaker style kitchen with appliances Bathroom with white suite Two bedrooms (1 Double and 1 Single) Gas fired central heating uPVC double glazed Unfurnished Enclosed yard to rear Available immediately Nicholas Residential is delighted to bring to the market this attractive two-bedroom mid-terrace property, located just off the popular Ormeau Road in South Belfast.
The property enjoys a convenient setting within easy reach of the Ormeau Road’s excellent selection of cafés, restaurants, bars and local shops.
Ormeau Park is also nearby, offering green space for walks and outdoor recreation, while regular public transport links along the Ormeau Road provide access to Belfast city centre.
Internally, the accommodation comprises a through lounge and dining area with wood-effect tiled flooring, leading to a modern fitted kitchen with appliances.
On the first floor, there are two bedrooms, comprising one double and one single, alongside a bathroom fitted with a white three-piece suite.
Further benefits include gas-fired central heating and uPVC double-glazed windows. Contact Nicholas Residential today to arrange a viewing on 02890388383.
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 28 Walmer Street, Belfast, BT7 3EB
Explore nearby
