3-bedroom semi-detached house · BT45 5FG
Sold STCListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Delightful light filled three bedroom semi detached home in the award winning Oaks development, Tobermore Road, Magherafelt Boasts a magnificent private cul-de-sac location with a south facing aspect Sunroom to rear added as an additional extra to provide a spacious open plan kitchen, dining & living space opening out onto a south facing garden & patio area Gas fired central heating / Windows double glazed in PVC frames Two car parking spaces to the front of house Planning permission approved for garage under planning ref: LA09/2021/1752/F Superb location in this desirable area only a short walk into Magherafelt town ACCOMMODATION GROUND FLOOR Entrance Hallway: With tiled floor, storage cupboard. Downstairs Wc: With wc, whb, walls part tiled, floor fully tiled. Living Room: With feature wood burning stove and herringbone parquet solid wood floor, tv point.
Kitchen, Dining & Sunroom: Amazing open plan kitchen/dining & living area. Kitchen with eye and low level kitchen units, stainless steel sink unit, stainless steel exactor fan, gas hob and electric oven, integrated dishwasher, integrated fridge freezer, dining & living area, recessed lights, floor fully tiled, patio doors from sunroom out onto south facing gardens and patio area. Utility: Plumbed for washing machine, space for tumble dryer, tiled floor. FIRST FLOOR Master Bedroom (En-Suite): With solid wood floor.
En-suite with wc, whb and vanity unit, illuminated mirror, corner shower, chrome towel rail, walls part tiled, floor fully tiled. Bedroom 2: With solid wood floor.
Bedroom 3: With solid wood floor.
Bathroom: With wc, whb and vanity unit, illuminated mirror, corner shower, separate bath, chrome towel rail, walls part tiled, floor fully tiled External: Two parking spaces to the front of property.
Garden laid in lawn to both the side & rear of property with patio paved area. Rear garden fully enclosed with wood fence. Benefits from a private cul-de-sac location.
Features: Access to roof space which has been floored is via slingsbay ladder.
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 52 The Oaks, Tobermore Road, Magherafelt, BT45 5FG
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