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 work5-bedroom detached house · BT22 2LU
For saleReduced £40k (−4.3%) on 7 JulListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on a magnificent, elevated site and approached by a sweeping driveway, Grace Cottage is nestled amongst rolling hills with a superb countryside backdrop to the rear and stunning views over Strangford Lough and across to the Mourne Mountains from the front.
Completely renovated by the current owners, the property offers a wealth of luxurious and stylish accommodation throughout and will appeal to discerning purchasers seeking spacious family living in a truly exceptional location.
Occupying a beautifully landscaped site of approximately 2.6 acres, the property is surrounded by lush green lawns, mature shrubs, a charming garden pond and a stunning courtyard to the rear, providing the perfect haven to relax and unwind both day and night.
Complete with a hot tub, barbecue area and outdoor lighting, it is an ideal space for entertaining family and friends.
Situated in a highly sought-after location with breathtaking views over Strangford Lough, this home will particularly appeal to those seeking a quieter pace of life while remaining within easy reach of local amenities, with a short drive taking you to the quaint village of Greyabbey with its selection of coffee houses, restaurants, popular antique shops and shoreline walks.
Internally, the property has been upgraded to the highest standard with no attention to detail spared.
The accommodation comprises a stunning reception hallway featuring an open fireplace and tiled flooring throughout, an extensive yet cosy lounge with wood-burning stove and magnificent views over Strangford Lough towards the Mourne Mountains, and an elegant drawing room with open fireplace and bespoke library shelving leading through to the dining room with double doors opening onto the paved sun terrace.
The luxury bespoke kitchen has been finished to an exceptional standard and features an extensive range of fitted units, display cabinetry, a central island with quartz worktops, Aga range cooker and window seating.
Two utility rooms provide excellent additional storage and laundry facilities, while a playroom or gym leads off the kitchen area.
A double garage and ground floor bathroom complete this wing of the property. There are five immaculately presented bedrooms, one of which is currently used as a study.
The impressive principal suite features French doors opening onto the sun terrace overlooking the gardens, together with a luxurious en suite bathroom and walk-in dressing room with an ample range of built-in storage.
The guest bedroom also benefits from an en suite bathroom and enjoys views over the beautifully maintained rear gardens.
A beautiful family bathroom, finished to the highest standard complete with freestanding bath and shower serves the remaining bedrooms.
Externally, the property is approached through electric gates and sits on a stunning site extending to approximately 2.6 acres.
The beautifully maintained grounds, hot tub, barbecue shelter and outdoor lighting combine to create a wonderful setting for relaxation and entertaining, all whilst enjoying one of the most spectacular outlooks County Down has to offer.
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
Agent & docs
FAQ
About Grace Cottage, 15 Carrowdore Road, Newtownards
Explore nearby