2-bedroom terraced house · BT5 4PA
Listing removedListed 48 days
Opportunity summary
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About
Attractive Newly Decorated Two Bedroom Property In Popular East Belfast Location Bright And Spacious Living Room With Laminate Wood Flooring Excellent Fitted Kitchen With Range Of Integrated Appliances Two Well Proportioned Bedrooms With Laminate Wood Flooring Fully Floored And Sheeted Roofspace With Light And Power Brand New Luxury Shower Room With Walk-In Rainfall Shower Gas Fired Central Heating And Double Glazed Windows Paved Front Area And Private Patio To Rear This well-presented two bedroom property is situated within the popular Lough Lea development in East Belfast and offers bright, practical accommodation that is sure to appeal to first time buyers, young professionals and investors alike.
The property has also just been fully redecorated throughout, with brand new blinds fitted to all rooms, allowing the purchaser to move in and enjoy with minimal fuss.
The accommodation comprises a welcoming entrance hall with tiled flooring, a bright living room with laminate wood flooring and a fitted kitchen offering an excellent range of high and low level units, built in oven and ceramic hob, plumbing for washing machine and useful under stairs storage.
On the first floor there are two well-proportioned bedrooms, both finished with laminate wood flooring.
Bedroom one also provides access to a useful fully floored and sheeted roofspace, complete with light and power, offering excellent additional storage.
The accommodation is completed by a brand new luxury shower room featuring a walk in rainfall shower, vanity unit and contemporary tiled finishes.
Externally, the property benefits from a paved area to the front and a private patio area to the rear.
Further benefits include gas fired central heating, double glazed windows, fresh decoration throughout and newly fitted blinds.
Conveniently positioned in East Belfast, the property is within easy reach of a wide range of local amenities and transport links, making this an excellent opportunity for a variety of purchasers.
Early viewing is highly recommended. Accommodation Comprises; Entrance Hall PVC front door and tiled flooring. Living Room 4.45m x 2.84m (14'7 x 9'4 ) Laminate strip wood flooring.
Kitchen 4.39m x 3.18m (14'5 x 10'5) Single drainer stainless steel sink unit, excellent range of high and low level units, plumbed for washing machine, stainless steel oven and ceramic hob, part tiled walls, fully tiled flooring, storage under stairs, gas boiler.
Second Floor Landing Bedroom 1 4.45m x 2.87m (14'7 x 9'5 ) Laminate strip wood flooring. Access to: Roofspace 4.47m x 3.20m (14'8 x 10'6 ) Fully floored and sheeted with light and power.
Bedroom 2 3.18m x 2.24m (10'5 x 7'4 ) Laminate strip wood flooring.
Luxury Shower Room Brand new walk in shower unit with rainfall shower, vanity unit, low flush WC, part tiled walls, fully tiled flooring and towel rail. Outside Paved front. Patio to rear.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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
Agent & docs
FAQ
About 20 Lough Lea, Belfast, BT5 4PA
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