3-bedroom bungalow · BT42 1JA
Listing removedListed 105 days
Opportunity summary
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About
Renovation Project / Cash offers only Detached bungalow set on a mature site Two formal reception rooms including Lounge and Living Room Three well proportioned bedrooms Family Bathroom Oil fired heating system Detached Garage with car port to the front Located on an attractive site on the Lisnafillon Road Set in pleasant rural surrounding on the outskirts of Gracehill Enjoying a mature site on the rural outskirts of Gracehill, this detached bungalow presents a unique opportunity for those with vision, seeking a worthwhile project.
It is important to note that this property is in need of renovation, notably the suspended timber floors in the front of the property appear to have succumbed to wood rot attack, leading to a failure of the floor timbers in places.
With the right investment and creativity, this bungalow has the potential to transform into an exceptional home.
Accordingly this property is available for cash offers only, an ideal opportunity for investors or those looking for a property they can place their own stamp on, while adding value in the process.
Viewing is via the agents, and early viewing is recommended in order to avoid disappointment. Entrance Hall Hardwood front door. Glazed door to the main hallway.
Hall Living Room 3.33 x 2.96 (10'11" x 9'8") Plus Bay Window Lounge 4.51 x 3.32 (max) (14'9" x 10'10" (max)) Double doors opening to the rear. Open archway into the Kitchen.
Kitchen 3.44 x 3.3 (11'3" x 10'9") Fitted with a range of eye and low level units. Laminate work surfaces with matching oak trim. Space for a cooker, with integrated extractor fan over.
Plumbed for washing machine and dishwasher. Tiled floor. Open archway into Lounge. Rear Hall 1.87 x 0.89 (6'1" x 2'11") Hardwood back door.
Bedroom 1 3.3 x 3.29 (10'9" x 10'9") Plus Bay Window Bedroom 2 3.27 x 2.29 (max) (10'8" x 7'6" (max)) Walk in airing cupboard.
Bedroom 3 3.31 x 3.34 (10'10" x 10'11") Bathroom 2.24 x 1.84 (7'4" x 6'0") Fitted with a white suite including a bath with electric shower over, W/C and wash hand basin.
Tiled floor to ceiling. Outside Detached Garage 6.17 x 3.13 (20'2" x 10'3") Double timber doors to the front. Pedestrian access door to the side.
Carport adjoining to the front of the garage. Grounds Glass house adjoining the rear of the property.
The property set on a mature site, with a front garden lain in lawn, planted with a variety of trees and shrubs.
A gravel driveway provides access from the Lisnafillon Road, opening into a generous parking area to the side of the property. The grounds to the rear of the property are mostly hardscaped.
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 57 Lisnafillon Road, Gracehill, Ballymena, BT42 1JA
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