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See how verdicts work4-bedroom detached house · BT23 6NY
Listing removedListed 81 days
Opportunity summary
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About
Well Presented and Deceptively Spacious Detached Family Home Set within this Much Sought After Residential Area Four Excellent Sized Bedrooms Including the Principal Bedroom with Ensuite Shower Room Bright and Spacious Lounge with Open Fire and Separate Dining Room Well Appointed Kitchen Opening Through to the Living Area Spacious Family Bathroom Oil Fired Central Heating and Double Glazing Driveway Leading to the Integral Garage Enclosed Rear Gardens laid out in Lawn with Spacious Patio Area Close to Ballygowan Village, Alexander Dickson and Carrickmannon Primary Schools and Public Transport Convenient Commute into Belfast City Centre and many Secondary Schools in the Surrounding and Greater Belfast Area A deceptively spacious detached family home, perfect for the growing and established families, situated in this quiet residential area of Ballygowan.
The ground floor comprises of a bright and spacious lounge with an open fire, a separate dining room, and a well appointed kitchen that flows seamlessly into the living area, creating an ideal space for modern family life.
Upstairs, there are four generously proportioned bedrooms, including a superb principal bedroom with a spacious ensuite shower room, together with a contemporary family bathroom fitted with a white suite.
Externally, a spacious driveway provides ample off street parking and leads to the integral garage.
The enclosed side and rear gardens are predominantly laid to lawn and complimented by a generous paved patio, offering an excellent outdoor entertaining space for family and friends to enjoy.
Set on the edge of the countryside, just off the Tullygarvan road, the property is within close proximity of many local amenities within Ballygowan village as well as Alexander Dickson and Carrickmannon Primary Schools.
An excellent road and public transport network allow for a convenient commute into Belfast city centre and many secondary schools in the surrounding and Greater Belfast area.
Entrance Hall Glazed PVC entrance door with matching side light; wood strip floor; under stairs storage cupboard; access to integral garage.
Lounge 5.00m x 4.39m (16'5 x 14'5 ) (into bay window) Marble fireplace with matching hearth and open fire; matching fire surround; bay window; tv aerial connection point; glazed double doors through to:- Dining Room 3.28m x 3.28m (10'9 x 10'9) Kitchen 3.25m x 3.15m (10'8 x 10'4) Good range of painted finish high and low level cupboards and drawers incorporating 1½ tub stainless steel sink unit with mixer tap; space for electric cooker; concealed extractor unit over; Beko dishwasher; integrated fridge; formica worktops; tiled splashback; tiled floor; open through to:- Living Area 3.23m x 2.95m (10'7 x 9'8 ) Tiled floor; glazed PVC sliding door to rear gardens.
First Floor / Landing Access to roofspace; hotpress with insulated copper cylinder.
Principal Bedroom 5.51m x 2.97m (18'1 x 9'9) En Suite Shower Room 2.97m x 2.29m (9'9 x 7'6) White suite comprising tiled shower cubicle with Triton electric shower unit and wall mounted telephone shower attachment; fitted sliding shower doors; dual flush wc; pedestal wash hand basin with mono mixer tap; tiled floor and walls; access to to under eaves storage; Velux window; recessed spotlights.
Bedroom 2 3.35m x 2.46m (11'0 x 8'1) Velux window.
Bedroom 3 4.67m x 2.95m (15'4 x 9'8 ) Bedroom 4 3.48m x 2.97m (11'5 x 9'9) Bathroom 2.97m x 2.13m (9'9 x 7'0) White suite comprising panelled bath with brass pillar mixer tap and telephone shower attachment; pedestal wash hand basin; low flush wc; part tiled walls.
Outside Bitmac driveway leading to:- Integral Garage 5.87m x 2.97m (19'3 x 9'9) Roller shutter door; glazed hardwood door to side; light and power points.
Gardens Front gardens laid out in lawn; enclosed side and rear gardens laid out in lawn; spacious paved patio area; outside lights and water tap; PVC oil storage tank; boiler house with Trianco oil fired boiler.
Capital Value £175,000. Rates Payable = £1749.00 per annum (approx) Tenure Leasehold - 700 years from 1st August 1992 Ground Rent £60.00 pr annum
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
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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.
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FAQ
About 5 Prospect Hill, Ballygowan, BT23 6NY
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