2-bedroom flat · BT4 3GZ
Listing removedListed 87 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well Presented First Floor Apartment In Popular Modern Development In Ballyhackamore Bright & Spacious Open Plan Living/Dining Area Modern Fitted Kitchen With Range of Appliances Two Well Proportioned Double Bedrooms Contemporary Bathroom & Master En-Suite Secure Off-Street Parking & Intercom Door Access Gas Fired Central Heating & Double Glazed Windows & Intercom Door Access Available From September 2026 On A Part Furnished Basis Popular Ballyhackamore Location Close to Transport Links & Local Amenities EPC Rating: C / 76 Fetherstons are delighted to introduce this bright and spacious first floor apartment, located on the Upper Newtownards Road, just a short walk from Ballyhackamore Village.
Internally, the property briefly comprises a contemporary open plan kitchen with feature breakfast bar, spacious living area, two spacious double bedrooms (master with en-suite) and generous modern bathroom.
Additional benefits include gas fired central heating, double glazing , secure intercom access and off-street parking.
The ideal location offers ease of access to an excellent range of local bars and restaurants, Ulster Hospital, Comber Greenway and Stormont Estate with easy access on the local Glider routes to and from City Centre and Dundonald.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Apt 5 Ormiston Villas ( 1B), 474 Upper Newtownards Road, Ballyhackamore, Belfast, BT4 3GZ
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