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 work2-bedroom flat · BT27 4QT
For saleListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open plan lounge/kitchen/dining area Two bedrooms, master ensuite Bathroom Double glazed windows Gas heating Communal gardens and barbecue area Gated parking A second floor apartment in an exclusive gated development in popular Lambeg.
The apartment is ideal for those who want privacy, low maintenance and convenience.
Inside you will find a spacious lounge open plan to fitted kitchen, two bedrooms overlooking Lambeg Park, one ensuite and separate bathroom.
Glenmore Place is set in a lovely gated complex with beautifully maintained grounds and a barbeque area that can be booked for special occasions.
Lambeg Train Station is within a few minutes walk and Suntrap Coffee Shop is in the immediate area.
For those who enjoy the great outdoors the Lagan Towpath, Glenmore Parkland Trail and Aberdelghy Gold Club are quite literally on the doorstep. We expect demand to be strong - don't miss out!!
Ground Floor COMMUNAL ENTRANCE HALL: Glazed hardwood entrance door. Stairs to second floor. Second Floor ENTRANCE HALL: Hardwood entrance door. Cloaks cupboard. Airing cupboard.
LOUNGE OPEN PLAN TO KITCHEN AND DINING AREA: 5.93m x 4.53m (19' 5" x 14' 10") Laminate flooring in lounge area. Open plan to: FITTED KITCHEN: Good range of high and low level units.
One and a half bowl sink unit with mixer taps. Built in Belling gas hob and electric under oven. Stainless steel extractor fan. Plumbed for washing machine. Integrated fridge. Gas boiler.
Part tiled walls. Tiled floor. MASTER BEDROOM: 4.92m x 3.09m (16' 2" x 10' 2") Laminate flooring. ENSUITE: Walk in shower cubicle with therrmostatically controlled shower.
Pedestal wash hand basin. Low flush WC. Velux window. Extractor fan. Tiled floor. Part tiled walls. BEDROOM TWO: 4.48m x 3.09m (14' 8" x 10' 2") Laminate flooring. BATHROOM: White suite.
Jacuzzi bath. Vanity unit with wash hand basin. Low flush WC. Tiled floor Part tiled walls. Extractor fan. Outside Gated parking. Access to basement for bicycle storage. Use of barbecue area.
Bin stores. Directions Lambeg Road, Lisburn
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.
Area
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FAQ
About 5 Glenmore Place, Lambeg Road, Lisburn, BT27 4QT
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