3-bedroom bungalow · BT23 8HQ
For saleReduced £10k (−5.3%) on 16 JulListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A simple and straightforward detached bungalow in a prime residential cul de sac of similar homes.
This property offers a lounge with Scrabo stone fireplace, a kitchen/diner, a shower room, a conservatory and 3 bedrooms plus a detached garage.
The property will require modernisation and refurbishment so you should reasonably anticipate re-wiring. Re-plumbing and a thorough check of the central heating system.
Complete strip out and re-decoration. New kitchen. New bathroom. Some double glazing units require replacement.
Although a formal survey has not been conducted by ourselves or the seller a general damp metre inspection has been carried out with no raised readings found in any external walls.
Buyers may note a gas boiler to the rear of the property but there is no gas supply to the property and the heating is currently via an Oil fired boiler.
Externally there are gardens to front & rear and a paved driveway. Entrance (1.35mx0.99m (4'5x3'3)) Single glazed front door with side panel.
Single glazed door with twin side panels leading to hallway. Hallway Access to roof space. Lounge (4.83mx3.56m (15'10x11'8)) Scrabo stone fireplace. Cornice ceiling.
Kitchen (3.28mx3.56m (10'9x11'8)) Range of high and low level kitchen units with granite effect work tops. 11/2 stainless steel sink with mixer taps. Tiled floor. Part tiled walls.
Stable door to conservatory. Single glazed kitchen window. Conservatory (4.57mx2.92m (15x9'7)) Tiled floor. Plumbed for washing machine. UPVC double glazed door leading to rear garden.
Bathroom (2.08mx2.36m (6'10x7'9)) White suite comprising WC and wash hand basin. Separate shower cubicle with shower panels. Chrome heated towel rail. Fully tiled. UPVC ceiling.
Bedroom 1 (3.10mx3.61m (10'2x11'10)) Polished wood floor. Bedroom 2 (3.33mx3.10m (10'11x10'2)) Bedroom 3 (3.48mx3.10m (11'5x10'2)) Slide robes. Garage (5.87mx4.62m (19'3x15'2)) Oil fired boiler.
Up and over door. Light and power. Outside Gardens to front and rear. Paved driveway.
Property Misdescriptions Every effort has been made to ensure the accuracy of the details and descriptions provided within the brochure and other adverts (in compliance with the Consumer Protection from Unfair Trading Regulations 2008) however, please note that, John Grant Limited have not tested any appliances, central heating systems (or any other systems).
Any prospective purchasers should ensure that they are satisfied as to the state of such systems or arrange to conduct their own investigations.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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
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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.
Area
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FAQ
About 1, Rose Park, Newtownards
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