2-bedroom flat · BT5 6PH
Listing removedListed 90 days
Opportunity summary
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About
Beautifully presented first floor apartment with own front door access Exclusive development of only four apartments Bright and airy lounge with contemporary electric fire Modern kitchen with built in appliances Two double bedrooms, principle with built in robes Modern shower room Large floored roof space with scope for conversion (subject to necessary consent) Gas central heating/Double glazed windows Roof replaced 2025 Allocated parking space and additional visitor parking Communal patio garden area to rear with communal shed Less than a five minute drive from Ballyhackamore and Stormont estate Ideal for young professionals and down sizers (stair lift friendly) No onward chain Nestled away just off Cherryvalley, this spacious first floor apartment is a hidden gem.
Pine Lodge is an exclusive development of only four apartments, all benefitting from their own front door access.
The accommodation boasts bright and airy lounge and separate modern kitchen with casual dining area. There are two double bedrooms and a modern bathroom.
The property also benefits from excellent storage and gas central heating.
Of particular note is the large floored roof space, suitable for conversion (subject to planning) or ideal for additional storage.
Externally there is ample resident and visitor parking and a large communal patio garden area to the rear.
Cherryvalley is conveniently located within walking distance to the local shops and cafes in Gilnahirk and less than a five minute drive to Ballyhackamore Village and Stormont estate.
Front door, stairs to... First Floor LANDING: Access to floored roofspace via Slingsby style ladder, low voltage spotlighting, cloakroom with shelving.
LOUNGE: 6.5m x 3.71m (21' 4" x 12' 2") Cornice ceiling, contemporary electric fire, low voltage spotlighting, casual dining area.
KITCHEN: 3.71m x 3.2m (12' 2" x 10' 6") Modern fully fitted kitchen with range of high and low level units, 4 ring electric hob, electric stainless steel extractor hood, stainless steel 1.5 belfast sink unit, integrated dish washer, integrated fridge/freezer, fully tiled walls, tiled floor, part tiled walls, shelved storage cupboard.
BEDROOM (1): 3.99m x 3.m (13' 1" x 9' 10") Wall to wall built in robes.
BEDROOM (2): 3.51m x 3.2m (11' 6" x 10' 6") SHOWER ROOM: White suite comprising low flush WC, vanity sink unit, shower cubicle with rain fall shower head and telephone hand shower, fully tiled walls, tiled floor, chrome heated towel rail, low voltage spotlighting FLOORED ROOF SPACE: View and window, suitable for converson subject to consent.
Outside OUTSIDE: Allocated parking space plus visitor parking, mature trees, large communal patio seating area, communal timber shed. Directions From Knock Road, turn onto Cherryvalley.
Pine Lodge is located on the right.
-------------------------------------------------------- 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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FAQ
About Apt 3 Pine Lodge, 3a Cherryvalley, Belfast, BT5 6PH
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