4-bedroom bungalow · BT23 4YS
Listing removedListed 144 days
Opportunity summary
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About
Located in this highly sought after residential area on the Belfast side of town, this semi detached home has undergone significant changes in recent times and now offers around 1,250 sq.ft.
Of space and up to 4 bedrooms.
The centrepoint of the home is the modern kitchen/diner, with luxury quartz worktops and separate utility room, which is open plan to a large conservatory with garden views.
There is a modern bathroom on the ground floor, with bath and separate shower, and a formal lounge, with multi fuel stove.
There are two bedrooms on the ground floor plus two on the first floor, including one with an en-suite WC.
Externally there is a taramc driveway and a fully enclosed rear garden, which catches the southern sun throughout most of the day, and a lovely brick paved patio.
The property benefits from uPVC double glazing & fascia and oil fired central heating plus solar panels to the rear which, we are advised by the owner, produce an annual income in the region of £1,000 per annum.
An affordable family home in a lovely setting, with excellent views across the town towards Strangford Lough, and ease of access for Newtownards, Belfast or Bangor, this is a property that must be viewed to be appreciated.
Entrance UPVC double glazed door with side panel. Hallway Real wood floor. Pine spindle staircase with foot lights leading to first floor landing. Under stair storage. Glazed door to lounge.
Kitchen/Diner (4.27mx3.30m (14x10'10)) At widest points. 'Shaker style' range of high and low level kitchen units with Quartz work tops. Pull out larder. Twin ceramic sink with mixer taps.
Integrated double oven, hob and extractor fan. Integrated fridge freezer. Integrated dishwasher. Foot lighting. Wood effect laminate floor. Recessed spotlights. Open plan to conservatory.
Conservatory (4.80mx3.25m (15'9x10'8)) Wood effect laminate floor.
Recessed spotlights, uPVC double glazed patio doors leading to rear garden Utility Room (2.31mx2.26m (7'7x7'5)) Tile effect laminate floor. Plumbed for washing machine.
UPVC double glazed door leading to rear garden. Lounge (4.95mx3.84m (16'3x12'7)) Wood effect laminate floor. Multi fuel stove surrounded by a marble fireplace with a wooden mantle.
Bathroom (3.28mx2.79m (10'9x9'2)) At widest points. White suite comprising panel bath with centre mixer taps, WC and wash hand basin. Corner shower cubicle with thermostatic 'Rain Shower'.
Extractor fan. Recessed spotlights. Heated chrome towel rail. Access to hot press. Part paneled walls. Bedroom 1 (3.40mx2.46m (11'2x8'1)) Bedroom 2 (2.36mx2.59m (7'9x8'6)) Polished wood floor.
Landing Velux window. Bedroom 3 (3.45mx4.06m (11'4x13'4)) At widest points. Access to WC. Recessed spotlights. Eaves storage. Velux window.
Wc (1.17mx1.73m (3'10x5'8)) White suite comprising WC and wash hand basin with vanity unit. Bedroom 4 (2.51mx3.61m (8'3x11'10)) Outside Lawn to front with tarmac driveway and timber decking area.
Outsdie water tap. Enclosed to rear with lawn and brick paved patio area.
Tenure Lease hold 900 years wef 01/03/1986 Ground rent £50.00 per annum Property Misdescriptions Every effort has been made to ensure the accuracy of the details and descriptions provided within the brochure and other adverts (in compliance with the Consumer Protection from Unfair Trading Regulations 2008) however, please note that, John Grant Limited have not tested any appliances, central heating systems (or any other systems).
Any prospective purchasers should ensure that they are satisfied as to the state of such systems or arrange to conduct their own investigations.
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 17, Glenmount Drive, Newtownards
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