We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · BT31 9EA
Listing removedListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
uPVC double glazed 3 Bedrooms Oil Fired Central Heating Enclosed gardens Situated just off the Bunkers Hill on the way into Castlewellan Town, St.
Malachys Avenue is a quiet residential development made up with a mixture of young families and those who have lived there all their lives.
Well-maintained and improved over the years by the current owners; a perfect starter home for those making their first tentative steps onto the property ladder or a shrewd investment for the discerning investor wishing to expand their rental portfolio and yield.
ACCOMMODATION (All measurements are approximate) Entrance Hall - uPVC door with glazed panel opening into carpeted hallway and leading off to...
Shower Room - 8’ 10’’ x 4’ 6’’ (1.36m x 2.68m at widest) White suite to include button flush WC, walk-in shower enclosure with Mira electric shower, high gloss vanity unit housing WHB with chrome mono tap, slate floor tile, range of grey granite effect floor to ceiling panelling throughout, hot-press, storage closet Lounge - 16’ 5’’ x 11’ 0’’ (5.01 x 3.35m at widest) Carpet, fireplace with ornate mahogany surround, fireplace with tile surround and hearth, plaster ceiling rose, patio doors opening to rear Kitchen - 8’ 1’’ x 5’ 9’’ (4.58 x 3.17m at widest) Porcelain floor tile, galley style kitchen consisting of a range of high- and low-level units (some glazed), laminated work surfaces, tiled splash-back, stainless steel sink with drainer, plumbed for appliances Utility - 7’ 10” x 5’ 8” (2.40m x 1.72m at widest) Smoked oak wooden effect floor, uPVC door with glazed panels opening to rear First Floor - Carpeted staircase onto landing and leading off to 3 x bedroom Bedroom 1 (Master) - 13’ 3’’ x 9’ 5’’ (4.03 x 2.81m at widest) Wooden laminate floor, 2 x integrated storage closet / robe, front facing Bedroom 2 - 11’ 2’’ x 10’ 3’’ (3.41m x 3.12m at widest) Wooden laminate floor, integrated double door storage closet / robe, rear facing Bedroom 3 - 8’ 3’’ x 8’ 1’’ (2.52 x 2.47m at widest) Wooden laminate floor, rear facing External Front - Enclosed garden with lawn and mature shrubbery, concrete pathway Rear - Enclosed split-level garden with paved patio area, boiler house, outhouse, gate to rear PLEASE NOTE: If considering the sale of your own property, we would be pleased to provide you with a no obligation valuation.
If mortgage is required we are also in a position to introduce you to a financial adviser. All measurements quoted are approximate and are for general guidance only.
Any fixtures, fittings, services, heating systems, appliances or installations referred to in these particulars have not been tested and therefore no guarantee can be given that they are in working order. Photographs and description have been produced, in good faith, for general information but it cannot be inferred that any item shown is included with the property.
The Vendor does not make or give and neither Welet Wesell nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property.
Additional Services If you are thinking about selling your property, we would be happy to offer you a market valuation.
We can also put you in touch with a Financial Adviser to assist you with arranging a mortgage - please contact our office if you would like more information.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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
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FAQ
About 15 St. Malachys Avenue, Castlewellan, BT31 9EA
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