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See how verdicts work2-bedroom house · BT23 4HH
Listing removedListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
When you're looking for a first home, affordability is key, but that doesn't mean that you have to compromise on condition.
This lovely end of terrace home has been loved for many years and would make an ideal first home, buy to let or fresh start.
The property offers a lounge, with real wood flooring, and a kitchen/diner with real oak finish and breakfast bar.
Unusually there is also a ground floor shower room, which could be converted to a utility room with toilet if prefered.
The first floor comprises a very generous master bedroom plus second bedroom, both enjoying views all the way towards Strangford Lough, and a fully tiled bathroom.
Everything is neat and tidy and ready to move in allowing you to update the decor in stages if you wish.
It benefits from uPVC double glazing and oil fired central heating (via a nearly new boiler) whilst, externally, there are gardens to front, side and rear in lawns with paved pathways.
A must see home at a great price. Form an orderly queue please! Entrance UPVC double glazed door with side panel. Entrance Hall Real wood floor. Stairs leading to first floor landing.
Lounge (3.33mx4.85m (10'11x15'11)) At widest points. Real wood floor. Mock fireplace.
Kitchen/Diner (4.85mx3.18m (15'11x10'5)) Range of high and low level oak kitchen units and breakfast bar with granite effect work tops. Stainless steel sink with mixer taps.
Plumbed for washing machine. Kitchen area with tiled floor and dining area with wood effect laminate floor. Part tiled walls.
Shower Room (1.68mx2.59m (5'6x8'6)) Tiled shower cubicle with Mira electric shower. White suite comprising WC and wash hand basin. Tiled floor. UPVC double glazed door to rear garden.
First Floor Landing Bathroom (1.88mx1.65m (6'2x5'5)) White suite comprising panel bath, WC and wash hand basin. Tiled floor. Tiled walls. Bedroom 1 (15'11x9'6) Access to roof space. Storage cupboard.
Lough views. Bedroom 2 (2.92mx2.59m (9'7x8'6)) At widest points. Access to hot press. Lough views. Outside Gardens in lawn to front, side and rear with paved pathways. Brick shed. UPVC oil tank.
Oil fired boiler house.
Tenure Freehold Property Misdescriptions Every effort has been made to ensure the accuracy of the details and descriptions provided within the brochure and other adverts (in compliance with the Consumer Protection from Unfair Trading Regulations 2008) however, please note that, John Grant Limited have not tested any appliances, central heating systems (or any other systems).
Any prospective purchasers should ensure that they are satisfied as to the state of such systems or arrange to conduct their own investigations.
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
Agent & docs
FAQ
About 8, Fir Drive, Newtownards
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