2-bedroom flat · BT5 7AE
Listing removedListed 75 days
Opportunity summary
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About
First floor apartment (with stair lift) exclusively for over 55's Own front door Two double bedrooms, both with robes Bright, spacious living room with dining area Separate kitchen Contemporary shower room Recently installed double glazing Electric Economy 7 heating Air re-circulation system Roofspace Door entry intercom/Pull-cord alert system Internal and external storage cupboards Resident and visitor car parking Well-tended, communal gardens Short stroll to Stormont and Glider stops to Dundonald, Ballyhackamore and City Centre No onward chain Tucked away in a cul de sac a mile from Ballyhackamore Village and close to the beautiful grounds of the Stormont Estate, Cabin Hill Mews is a highly regarded development exclusively designed for the over 55's.
Number two is a bright, well-proportioned apartment with its own front door. Stairs and a chair lift take you up to the accommodation on the first floor.
Externally there is ample parking, storage plus attractive gardens which are maintained by the management company.
We have no hesitation in recommending early inspection as soon as possible with recent sales in the scheme proving very popular. Ground Floor Own front door.
HALLWAY: Stairs (and stair lift which is included in sale) to: First Floor LANDING: Good-sized, built-in storage cupboard. Clothes rail and shelf. Access to roofspace. Shelved hotpress.
BEDROOM (1): 3.66m x 2.39m (12' 0" x 7' 10") Cornice ceiling. Built-in robes with mirror fronted sliding doors. BEDROOM (2): 3.41m x 2.4m (11' 2" x 7' 10") Cornice ceiling.
LIVING/DINING: 5.45m x 4.41m (17' 11" x 14' 6") (into bay). Cornice ceiling. Decorative fireplace. Entry phone.
KITCHEN: 3.9m x 2.15m (12' 10" x 7' 1") Good range of high and low level units including leaded glass display cabinets. Breakfast bar. Single drainer stainless steel sink unit.
Zanussi cooker with extractor fan over. Plumbed or washing machine. Part tiled walls. SHOWER ROOM: Fully tiled with walk-in shower enclosure and screen, Mira "Go" electric shower.
Low flush wc, pedestal wash hand basin. Built-in bathroom cabinet storage. Outside Communal gardens and parking areas. Storage cupboards. Garden to rear laid in lawns.
Management company Westhorpe Management Ltd.
SERVICE CHARGE: CURRENTLY £83.49 PER MONTH PLEASE NOTE: The sum equivalent to 1% of the sale price for each year of ownership (up to a maximum of 5%) to be paid to the Management Company on the completion of any future sale.
Directions Travelling along the Upper Newtownards Road countrybound from Knock lights, Cabin Hill Mews is on the right just before the shops at the traffic lights at Castlehill Road.
-------------------------------------------------------- MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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.
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FAQ
About 2 Cabin Hill Mews, Stormont, Belfast, BT5 7AE
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