Modern Method of Auction
Auction date not yet published
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 work1-bedroom terraced house · BT40 3RG
For saleListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mid terrace cottage in semi rural location One bedroom with built in robe Lounge with floor tiling and brick fireplace Open plan oak fitted kitchen with built in oven and hob First floor shower room Double glazing in uPVC frames Close proximity to Browns Bay Ideal holiday home Nestled within the picturesque peninsula of Islandmagee, ideally positioned between the coastal towns of Larne and Whitehead, this quaint one-bedroom mid-terrace cottage offers a truly unique opportunity to acquire a charming retreat close to the sea.
Full of character and timeless appeal, the property exudes warmth and individuality, making it an ideal choice for those seeking a peaceful holiday home or a potential holiday let (subject to the necessary consents).
Its inviting atmosphere and distinctive features create a cosy haven, perfect for relaxing escapes from the hustle and bustle of everyday life.
Located approximately three miles from the stunning Brown’s Bay Beach, the cottage benefits from easy access to beautiful coastal walks and scenic surroundings, enhancing its appeal as a tranquil getaway.
Combining charm, location, and potential, this property presents a rare opportunity to own a character-filled home in one of Northern Ireland’s most sought-after coastal settings.
GROUND FLOOR ENTRANCE uPVC stable door LOUNGE/ KITCHEN 5.18m x 3.66m Including staircase, brick fireplace.
Range of high and low level oak units, granite worksurfaces, Belfast sink unit, extractor fan and canopy, wall tiling, ceramic tiled flooring, downlighters FIRST FLOOR LANDING Polished floorboards BEDROOM (1) 3.66m x 2.46m Including built in robe SHOWER ROOM Glazed shower cubicle with thermostatic controlled shower with electric water feed, pedestal wash hand basin, low flush W/C, laminate wood flooring, wall tiling Auctioneers Comments: This property is for sale under Traditional Auction terms.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.
The buyer is also required to make a payment of a non-refundable, part payment 10% Contract Deposit to a minimum of £6,000.00.
In addition to their Contract Deposit, the Buyer must pay an Administration Fee to the Auctioneer of 1.80% of the final agreed sale price including VAT, subject to a minimum of £2,400.00 including VAT for conducting the auction.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Disclaimer/ Additional information The information contained within these particulars is intended as a guide only.
Although prepared with care, its accuracy cannot be guaranteed and it does not form part of any contract.
Interested parties should rely on their own enquiries and seek professional advice where necessary. We are happy to provide clarification on any specific points upon request.
All measurements are given as approximate. Fixtures, fittings, and appliances have not been tested, and no warranty is offered regarding their condition or operation.
Photographs are for illustrative purposes only and should not be assumed to represent items included in the sale unless specifically stated.
Tenure - Leasehold Broadband & mobile checker for Northern Ireland https://www.nidirect.gov.uk/services/broadband-and-mobile-checker Flooding maps for Northern Ireland https://www.nidirect.gov.uk/information-and-services/your-neighbourhood-roads-and-streets/flooding-your-area Please note the information contained within these particulars is intended as a guide only.
Although prepared with care, its accuracy cannot be guaranteed and it does not form part of any contract.
Interested parties should rely on their own enquiries and seek professional advice where necessary. We are happy to provide clarification on any specific points upon request.
All measurements are given as approximate. Fixtures, fittings, and appliances have not been tested, and no warranty is offered regarding their condition or operation.
Photographs and floor plans are for illustrative purposes only and should not be assumed to represent items included in the sale unless specifically stated.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 67 Millbay Road, Islandmagee, Larne, BT40 3RG
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