1-bedroom property · BT38 7AW
To rentListed 19 days
Opportunity summary
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About
£1000 Security Deposit Required Strictly No Pets / Strictly No Smokers Kitchen/Dining/Living One Bedroom And Bathroom Each apartment has individual character, all are fully double glazed windows c/w roller blinds, have fitted kitchens/bathrooms and all bedroom/living spaces are cabled for TV/Sky/Fibre access (*subject to contract).
Description The buildings at 3-5 Market place were originally constructed in the mid 19th century and were first shown on the OS map of 1857.
Around the turn of the 20th century the building was gifted to Carrickfergus YMCA by Colonel James Craig of Carlton Hall in Nottinghamshire - the last remaining member of a wealthy family of linen bleachers.
The building was listed as the YMCA’s temperance café in 1908 and was used by the organisation for many years before ultimately relocating to a new building in the Irish Quarter of Carrickfergus.
Over the last 18 months the buildings have been extensively refurbished, with the support of the Townscape Heritage Initiative, to create five bright new modern apartments at the heart of the town but within easy reach of transport hubs, the castle, and the seafront.
Whilst each apartment has individual character, all are fully double glazed with hardwood sliding sash windows c/w roller blinds, have fitted kitchens/bathrooms and all bedroom/living spaces are cabled for TV/Sky/Fibre access (*subject to contract).
Communal Hall Entrance Hall Walk in hotpress/storage. Living/Kitchen/Dining 4.32m x 5.87m (14'2" x 19'3") Excellent range of high and low level units with formica work surfaces.
Single drainer stainless steel sink unit with mixer tap. Four ring ceramic hob and matching under oven. Splash back tiling. Stainless steel chimney effect extractor hood.
Free standing fridge freezer, washing machine and dishwasher. Low voltage lighting.
Bedroom 3.89m x 2.95m (12'9" x 9'8") Bathroom Attractive white suite comprising panelled shower bath with thermostatically controlled shower and curved screen door, wall hung wash hand basin with mirrored medicine cabinet and low flush wc.
Part tiled walls. Low voltage lighting. Electric shaver socket. Heated towel rail.
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
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FAQ
About Apartment 2 3D Market Place, Carrickfergus, BT38 7AW
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