3-bedroom detached house · BT45 5QG
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Winton & Co are delighted to market this truly unique residential dwelling, situated on a spacious and secluded setting, just a few miles from the A6 Glenshane Road. Built in the early 1900’s, The Lodge has been beautifully maintained throughout and retains many original features from its initial construction.
Located just outside the village of Tobermore, and a few miles from Draperstown, the Mid-Ulster towns of Maghera, Magherafelt and Cookstown are easily accessible through a quality road network. The A6 is just a short drive away which links Northern Irelands 2 main cities of Belfast and Derry / Londonderry. All 3 of Northern Irelands airports are within a 1-hour drive and the world famous ‘North Coast’ which boasts one of the world’s best golf courses (Royal Portrush) as well as the Giants Causeway (World Heritage Site) and many other National Trust dwellings and centres are within a 1-hour drive.
The property currently provides 3 reception rooms and 3 bedrooms over 2 floors. Internally, there are many features to include cornicing, numerous fireplaces along with stain glass windows and a feature staircase. On the ground floor, there is an entrance hall along with 3 reception rooms, a bathroom and kitchen. There are 3 bedrooms within the property along with a family sized bathroom located on the first floor. It should be noted that the dining room could be converted in order to provide a fourth bedroom. Sitting on a site of approximately 1.35 acres, the property has a sweeping driveway with direct access from the Draperstown Road, which provides generous parking. The gardens have been maintained to the highest of standards, boasting a diverse variety of mature tree and shrubs, dividing this garden into various sections. There are several outbuildings throughout the garden, all benefiting from electricity and suitable for a variety of uses, to include a workshop, garden shed and storage facility.
Viewing is strictly by private appointment only and can be organised by contacting our office on 028 7930 1889. Important Notice to Purchasers/Interested Parties: These particulars are given on the understanding that they will not be construed as a part of a Contract, Lease or Conveyance.
All measurements, as well as Rates, provided are approximate and whilst every care has been taken in accumulating this information, Winton & Co can give no certainty as to the accuracy thereof.
We recommend that all interested parties and purchasers satisfy themselves regarding the details provided. Digital images may, on occasion, include the use of a wide angle lens.
Please ask if you have any queries about any of the images shown, prior to viewing. Where provided, floor plans are shown purely as an indication of layout.
They are not scale drawings and should not be treated as such.
Winton & Co have not tested any systems, services or appliances that may be contained within the property including the heating systems, where applicable and no warranties are given by the Vendor, Winton & Co or any third party employed by Winton & Co.
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
Agent & docs
FAQ
About The Lodge, 11 Draperstown Road, Tobermore, Magherafelt, BT45 5QG
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