We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · BT23 4BA
Listing removedListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a highly sought after residential area on "the Belfast side of town" this semi detached bunaglow has been in long term family ownership for many years and is now ready for a new owner and a new lease on life.
The property follows a traditional layout and offers 3 bedrooms, a lounge with feature fireplace, a bathroom and a kitchen.
There is a lean to at the rear which is plumbed for a washing machine and provides "dry access" to the detached garage and the garden beyond.
It benefits from uPVC double glazing and oil fired central heating. Externally there are gardens to front and rear in lawns with paved patio area, mature shrubs and an open apsect to the rear.
A tarmac driveway and car port lead to the detached garage at the front.
This is a home that could be brought into the 21st century on a relatively modest budget so we recommend an internal viewing to allow you to formulate your own plan and strategy to create your ideal home on a budget.
Entrance UPVC double glazed door with half glazed side panel. Entrance Hall Access to floored roof space. Lounge (4.93mx3.81m (16'2x12'6)) Scrabo stone fireplace with tiled hearth.
Serving hatch to kitchen. Kitchen (3.81mx3.35m (12'6x11)) At widest points. Range of high and low level kitchen units. Stainless steel sink with mixer taps. Service hatch to lounge.
Access to hot press. UPVC double glazed door to rear lean-to. Bathroom (1.52mx2.36m (5x7'9)) White suite comprising bath, WC and wash hand basin. Part tiled walls.
Bedroom 1 (3.35mx3.35m (11x11)) Bedroom 2 (3.35mx2.46m (11x8'1)) Bedroom 3 (2.34mx2.57m (7'8x8'5)) Lean-To (2.51mx9.53m (8'3x31'3)) Plumbed for washing machine. Water tap. Access to garage and garden.
Garage (2.46mx6.40m (8'1x21)) Light and power points. Up and over door. Outside Lawn and mature shrubs to from with tarmac driveway and car port to garage. To rear in lawn and paved patio.
Boiler house and uPVC oil tank.
Tenure Leasehold 1000 wef 15/03/1968 Ground rent £25 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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 20, Shiralee Drive, Newtownards
Explore nearby