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See how verdicts work2-bedroom flat · BT56 8FD
Listing removedListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gas Fired Central Heating uPVC Double Glazed Windows Burglar Alarm Partial Sea Views To Front Of Property Cash Buyers Only Cash Buyers Only A wonderful opportunity to acquire a two bedroom ground floor apartment with partial views across West Strand Beach and the Atlantic Ocean.
Situated within the popular Rinagree development, the property is ideally located within literally a stone's throw of the West Strand beach and scenic Promenade walk leading to town centre and harbour area.
Constructed circa 2005, the property offers compact accommodation throughout with open plan kitchen lounge area and en-suite off principal bedroom.
We cannot emphasise enough to those seeking to acquire a beach located getaway in a truly amazing location, internal appraisal at the earliest opportunity.
Entrance Hall: 4’6 wide with double storage cupboard with tiled floor and laminate wood floor. Communal Entrance Hall: With stair access to all floors and tiled floor.
Open Plan Lounge/Kitchen/Dining Area: 24'5" x 20'0" With wood surround fireplace with tiled unset and tiled hearth, laminate wood floors and PVC pedestrian door leading to front of property with sea views.
Kitchen/Dining Area: With single drainer stainless steel sink unit, high and low level built in units with tiling between, integrated ceramic hob oven, extractor fan with tiled splashback, integrated fridge freezer, integrated dishwasher and part tiled flooring with recessed lighting.
Bedroom 1: 16'4" x 8'3" With laminate wood floor.
Ensuite: Ensuite off w.c., wash hand basin, fully tiled walk in shower cubicle with mains shower, shaver point with light, recessed lighting, extractor fan and tiled floor.
Bedroom 2: 11'4" x 7'2" With built in wardrobe and laminate wood floor.
Bathroom: With white suite comprising w.c., wash hand basin with tiled splashback, fully tiled walk in shower cubicle, with mains shower, tiled around bath, recessed lighting, extractor fan and tiled floor.
EXTERIOR FEATURES: Paved and screened area to the front of the property with communal parking areas.
MANAGEMENT COMPANY: Please note that all purchasers will become Shareholders in a Management Company formed to provide buildings insurance and maintain communal areas.
Details of the annual Service Charge and full management services are available on request. Current Service Charge is £1000.00 approx. plus ground rent £200 half yearly.
(13.08.26) We advise all purchasers to make themselves aware of any rental and domestic pet restrictions within communal lease before proceeding.
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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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
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FAQ
About 16 West Strand Avenue, Portrush, BT56 8FD
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