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See how verdicts work3-bedroom detached house · BT43 7HF
For saleReduced £30k (−13.3%) on 24 OctListed 52 days
Opportunity summary
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About
Historic Former School House Dating From 1856 Three Bedroom Residential Accommodation Two Large Former Classroom Wings Site Extending to Just Under 0.9 Acres Excellent Potential for a Unique Period Home Grade B1 Listed / Requires Refurbishment Convenient to Ballymena and the A26 / M2 Viewings A unique Grade B1 listed former school house dating from 1856, occupying a mature site extending to just under 0.9 acres with the Braid River to the rear.
Originally constructed as a boys' and girls' school with teachers' accommodation above, the property was later extended and converted for residential use.
The main two-storey section comprises two reception rooms, kitchen / dining area and WC on the ground floor, together with three bedrooms and a bathroom on the first floor.
The original classroom wings are positioned to either side of the main accommodation and provide large open spaces with high ceilings.
The left wing is currently used as a garage, while the right wing is partially partitioned.
The property retains a number of original features including sliding sash windows, slate roofing, timber detailing, stone boundary walls, wrought iron railings and a pillared entrance.
Requiring refurbishment throughout, the property offers excellent potential to create a distinctive family home, subject to any necessary consents.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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
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FAQ
About (Lot 4) Tullymore School House, 1 Carnlough Road, Broughshane, BT43 7HF
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