We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom detached house · BT55 7NG
Listing removedListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Specification To Be Agreed With Builder Planning permission approved LA01/2024/0887/F A superb building plot with spectacular sea views.
Available as a site or an independent building agreement option. This is a fantastic opportunity to acquire a superb coastal building plot for a 2815 sq. ft.
contemporary home - specification and PC sums can be discussed with contractor.
The site offers an exciting opportunity to acquire one of the few sea view sites on the North Coast with planning permission approved.
Directions Approaching Portstewart on the Coleraine Road, take your first left at the Burnside Roundabout onto Burnside Road.
Take your first right onto Prospect Road and the site will be situated on your right hand side just after the entrance to Prospect Avenue.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
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 Detached Dwelling At 53 Prospect Road, Detached Dwelling At 53 Pro...Portstewart, BT55 7NG
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