2-bedroom flat · BT23 4LD
Listing removedListed 91 days
Opportunity summary
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About
Two bedroom first floor flat Small outdoor area with garden shed Electric heating presently on a pay as you go metre Allocated parking space Great first time buy or investment opportunity Bathroom with shower over bath Convenient to Newtownards town centre Walking distance to local shops, eateries and amenities This first floor flat is very conveniently located within a short walk to Newtownards town centre.
It also has an allocated parking space. The front door is located through a gate which makes this location even more private and inviting. It has two bedrooms, bathroom, living room and the kitchen.
This property is ready to be updated to the new purchasers taste and would provide a great starter home at an affordable price. There is also an allocated outdoor space just for this flat with a shed.
Ground Floor HALLWAY: Entrance hall just before going up the stairs to the flat. Contains electric box where top up electric is added- no need to go outside.
First Floor LANDING: Landing located through a door after coming up the stairs with laminate flooring and storage cupboard. BEDROOM (1): Bedroom over looking Pound Street.
This bedroom is a good size and has a large storage cupboard. The floor is currently carpeted. BEDROOM (2): Bedroom overlooking the rear garden area of the property. Currently with carpet.
BATHROOM: Bathroom with shower over and glass shower screen, tiled floor, window to the exterior, wc, and wash hand basin on storage cupboard and extractor fan.
LIVING ROOM: Living room with laminate flooring. This room is a good size and overlooks the street below. There is a wooden fireplace housing an electric fire.
KITCHEN: Kitchen with a range of high and low level units, stainless steel sink with mixer taps and drainer, space for household applicances, hot press cupboard, window overlooking the rear of the property and vinyl flooring.
Outside Private garden area allocated to this flat. This area has room for seating and currently has a garden shed as well. Directions Located on Pound Street on the right hand side
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 11 Pound Street, Newtownards, BT23 4LD
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