2-bedroom property · BT51 4EW
Listing removedListed 105 days
Opportunity summary
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About
Set in the heart of the ever popular seaside village of Castlerock, this delightful 2nd floor apartment provides good well proportioned 2 bedroom accommodation and enjoys some excellent sea and beach views.
Within easy walking distance of the village amenities including the beach, golf club and train station, this super property will make a perfect holiday or retirement home.
Sure to attract a keen market interest early viewing highly is recommended! Accommodation Comprising: Communal Hall: with tiled floor.
Stairs to: 2nd Floor Landing with tiled floor Entrance Hall with Linen/Storage Cupboard and tiled floor.
Open plan Lounge and Kitchen/Dinette (L-shaped): Lounge 15’0 x 12’2 with feature wooden surround fireplace, cast iron and tiled inset, slate hearth and gas fire inset.
Double glass panel doors to Hall and French Doors to: Sit Out Balcony with excellent sea and beach views.
Kitchen Dinette 10’3 x 9’9 with bowl and a half stainless steel sink unit, range of eye and low level units, ‘Indesit’ 4 ring gas hob, electric oven, extractor fan over, integrated ‘Indesit’ appliances to include fridge freezer and dishwasher, plumbed for automatic washing machine, tiled between work tops and eye level units, recessed lights and tiled floor Bedroom (1.) 13’0 x 9’3 with T.V.
point and telephone point. Bedroom (2.) 9’0 x 7’11 with T.V. point.
Bathroom & WC combined 10’0 x 6’7 With vanity unit, enclosed walk-in jet shower cubicle, extractor, recessed lights, part tiled around bath and wash hand basin, tiled floor Exterior Features Communal parking area to rear through a remote controlled gate.
Other Features Gas Fired Heating uPVC Double Glazed Windows Door Intercom System Sea and Beach Views All purchasers will be shareholders in a MANAGEMENT COMPANY formed to maintain communal and open space areas.
Details of annual charge and full management services are available on request. For Further Details and Permission to View Contact the Selling Agents.
Sol: M/s W.B Thompson & Co, 36 Catherine Street, Limavady BT49 9DB Property Reference: CR5058.MP.220925 Directions Drive into Castlerock along Sea Road and turn left on to Main Street after the Railway Crossing.
Proceed along Main Street and the Tunnel Brae Apartments are on the left hand side.
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.
Area
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FAQ
About 10 Tunnel Brae Court, Castlerock, BT51 4EW
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