2-bedroom terraced house · BT67 9DL
Listing removedListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you`ve been searching for your next renovation project, this could be the one.
Tucked away in a quiet side street just a short walk from Lurgan town centre and the train station, this two-bedroom mid-terrace home offers fantastic potential for investors, builders or anyone looking to add value.
Inside, you`ll find an open-plan lounge leading into a Shaker-style kitchen, while upstairs offers two bedrooms and a family bathroom.
The property benefits from gas-fired central heating and white PVC double-glazed windows. Outside, there is a small enclosed rear yard, with on-street parking available to the front.
The property does require modernisation and refurbishment throughout, giving the next owner the opportunity to create a stylish home or investment tailored to today`s market.
Why you`ll love it: * Two-bedroom mid-terrace home * Quiet side street location * Walking distance to Lurgan town centre * Short stroll to Lurgan Train Station * Gas-fired central heating * White PVC double glazing * Open-plan lounge * Shaker-style kitchen * Enclosed rear yard * Excellent renovation potential * Cash buyers preferred Whether you`re looking for your next flip, a buy-to-let investment or a project to put your own stamp on, 3 Victoria Street Place presents an excellent opportunity in a convenient and popular location.
Early interest is recommended. what3words /// merit.deeper.union Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About 3 Victoria Street Place, Lurgan, BT67 9DL
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