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See how verdicts work2-bedroom flat · BT1 1GJ
For saleListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Belfast City Centre apartment on the fourth floor Modern apartment with open plan living and dining Fitted kitchen with range of appliances Two well-proportioned double bedrooms Bathroom with white suite Gas central heating and uPVC double glazed Secure allocated car parking space Ideal for both first time buyers and investors Situated in the heart of Belfast City Centre, this fourth-floor apartment offers a level of convenience that is hard to match, all on its doorstep.
The property briefly comprises of a living area open plan to dining, a modern fitted kitchen with range of appliances, two well-proportioned double bedrooms and a bathroom with white suite.
The property further benefits from gas fired central heating, uPVC double glazing and secure allocated car parking space.
The property will appeal a range of buyers including first time buyers and investors; interest should be made known to us at an earliest opportunity.
Secure electronic door into communal area, stairs and lift to upper floors. Solid wooden door to... Ground Floor RECEPTION HALL: Wooden effect laminate floor, storage cupboard with combi gas boiler.
LIVING: 4.88m x 4.85m (16' 0" x 15' 11") Bright reception area, laminate effect wooden floor, views towards Belfast Hills. Open plan to . . .
DINING: 2.44m x 2.34m (8' 0" x 7' 8") KITCHEN: 2.44m x 2.34m (8' 0" x 7' 8") Modern fitted kitchen with range of high and low level units, gas hob, extractor fan, electric oven, space for fridge/freezer, part tiled walls, wood effect vinyl flooring.
BEDROOM (1): 3.71m x 3.m (12' 2" x 9' 10") BEDROOM (2): 3.71m x 2.59m (12' 2" x 8' 6") Built in Robe.
BATHROOM: White bathroom suite comprising panelled bath, shower over, low flush WC, pedestal wash hand basin, extractor fan, wood effect laminate vinyl flooring.
Directions The Tannery building is located at Castle Street opposite the Millfield Campus, Belfast met. The door for access is located behind Iceland.
-------------------------------------------------------- MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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.
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FAQ
About Apt 16 The Tannery, 107 Castle Street, Belfast, BT1 1GJ
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