2-bedroom terraced house · BT12 4AE
For saleReduced £10k (−8.3%) on 13 OctListed 46 days
Opportunity summary
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About
7 Institution Place Well-proportioned two-bedroom mid-terraced property situated in a popular and convenient residential location.
Requiring some modernisation, the property offers an excellent opportunity for a first-time buyer, investor or purchaser seeking a project with scope to add their own style.
Internally, the property comprises a spacious living room with feature fireplace, a separate kitchen, two well-proportioned bedrooms and a bathroom.
The property further benefits from an enclosed rear yard with useful storage facilities.
The accommodation is ideally suited to a range of buyers and is conveniently positioned for access to local amenities, transport links and Belfast City Centre.
Features Spacious living area Separate kitchen 2 well-proportioned bedrooms First floor bathroom Convenient location EPC rating: 65 Accommodation Living Room - 3.72m x 3.93m Bright and well-proportioned reception room featuring laminate flooring and a feature fireplace.
Kitchen - 3.04m x 2.18m Fitted kitchen with a range of high- and low-level units, worktop surfaces, tiled splashback, sink and drainer, and space for a cooker and other appliance.
Bedroom 1 - 3.06m x 3.88m Spacious double bedroom with laminate flooring and excellent space for a range of bedroom furniture.
Bedroom 2 - 2.37m x 3.02m Further well-proportioned bedroom with laminate flooring and space for bedroom furniture.
Bathroom - 2.01m x 1.55m Bathroom comprising bath, wash hand basin and WC.
Outside Rear Yard Enclosed rear yard providing useful outdoor space and access to additional storage facilities.
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 7 Institution Place, Belfast, BT12 4AE
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