2-bedroom terraced house · BT12 6NJ
Sold STCListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well Presented Terraced Home Two Generous Bedrooms Spacious Living Room With Tiled Fireplace Excellent Kitchen Ground Floor Bathroom Suite Gas Fired Central Heating PVC Double Glazing An Ideal Investment Or First Time Buy Convenient Location Close To Lisburn Road & Belfast City Centre Viewing Recommended This excellent mid-terrace property is located in a popular residential area just off Tates Avenue, only a short distance from the Royal Victoria Hospital, the City Hospital, Queens University and the City Centre.
The accommodation comprises spacious living room, kitchen, downstairs bathroom and two double bedrooms.
Further benefits include gas central heating, PVC double glazing and a large enclosed patio to rear.
Ideal for a first home or investment property due to the strong local rental market, viewing is highly recommended. THE ACCOMMODATION COMPRISES ENTRANCE PVC front door.
LIVING ROOM 4.32m x 2.90m (14'2 x 9'6) Understairs storage. Tiled fireplace.
KITCHEN 3.71m x 2.26m (12'2 x 7'5) Excellent range of high and low level units, stainless steel sink unit with drainer & mixer taps, plumbed for washing machine and ceramic tiled floor.
REAR HALL Tiled floor.
BATHROOM White suite comprising low flush W.C, pedestal wash hand basin, panel bath with thermostatic shower over, fully pvc cladded walls, tiled tiled floor and built in storage.
ON THE FIRST FLOOR BEDROOM ONE 3.73m x 3.51m (12'3 x 11'6) BEDROOM TWO 3.73m x 2.29m (12'3 x 7'6) OUTSIDE Enclosed yard to rear.
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.
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
Agent & docs
FAQ
About 20 Olympia Street, Belfast, BT12 6NJ
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