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See how verdicts work2-bedroom property · BT51 3TX
Listing removedListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description: Finished to a high specification and designed around the needs of modern living, this delightful 1st floor apartment offers spacious two bedroom, one reception living accommodation and is close to the Retail Park, Riverside and Forest Walks as well as all the main Commuter Links.
Ideal for 1st time or retirement buyers or as a base to enjoy all that the North Coast has to offer, we anticipate a very strong market interest so an early appointment to view is highly recommended.
Location: Heading from the Lodge Road roundabout across the Sandelford bridge take the first exit off at the roundabout onto the Castleroe Road.
Turn fourth right off the Castleroe Road into the Salmon Leap development and number 41 is situated on the right hand side.
Accommodation Comprising Communal Entrance Hall First Floor Entrance Hall With tiled floor Walk-in Cloaks/Store with light Lounge/Dining 17’11 x 12’8 with tiled floor and French doors to “Juliette” style balcony.
Open plan to: Kitchen 11’3 x 8’11 with bowl and half stainless steel sink unit, range of Shaker style eye and low level units, hob, under-oven and extractor, integrated dishwasher and fridge-freezer, plumbed for automatic washing machine, recessed lights and tiled floor Bathroom & WC combined 8’10 x 7’9 with telephone hand shower, tiled walk-in shower cubicle, mains shower fitting, extractor, recessed lights, tiled splashback, part tiled around bath, tiled floor Linen/Storage Cupboard Bedroom (1.) 13’2 x 12’4 (plus door recess) Bedroom (2.) 12’8 x 8’8 Exterior Features Communal paved parking area and Gardens Other Features Gas Fired Heating uPVC Double Glazed Windows Beam Vacuum System Door Entry Intercom Alarm System For Further details and Permission to View Contact the Selling Agents Sol: M/s Macaulay Wray Solicitors, 35 New Row, Coleraine, BT52 1AH Ref: CR5125.MP.11082026
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
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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 41 The Salmon Leap, Coleraine, BT51 3TX
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