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 work3-bedroom semi-detached house · BT47 2RL
Listing removedListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SEMI DETACHED HOUSE OIL FIRED CENTRAL HEATING PVC DOUBLE GLAZED WINDOWS PVC EXTERIOR DOORS SECURITY SYSTEM INSTALLED Situated in the village of Newbuildings, this well-presented home offers an excellent opportunity for first-time buyers looking to step onto the property ladder.
Conveniently located just a short commute from L'derry, the property enjoys easy access to local amenities, schools, and transport links.
Externally, the home benefits from an enclosed rear yard, providing a private outdoor space ideal for relaxing or entertaining.
Combining a great location with practical living, this is a fantastic home for those seeking comfort and convenience. VIEWING RECOMMENDED HALLWAY Having recessed lighting, laminated wooden floor.
GUEST WHB & WC Having laminated wooden floor. LOUNGE 4.75m x 3.38m (15'7 x 11'1) Having ornamental electric fire, laminated wooden floor.
KITCHEN 3.61m x 3.45m (11'10 x 11'4) Having range of eye and low level units, tiling between units, 1 + 1/2 bowl stainless steel sink unit with mixer taps, hob and under oven, stainless steel extractor hood, integrated fridge/freezer, recessed lighting, ample dining space.
UTILITY ROOM Having eye and low level units, single drainer stainless steel units with mixer taps, plumbed for automatic washing machine, space for tumble dryer, laminated wooden floor.
FIRST FLOOR Having window. BEDROOM 1 3.63m x 3.35m (11'11 x 11') Having built in wardrobes, walk in wardrobe plumbed for ensuite.
BEDROOM 2 3.45m x 3.35m (11'4 x 11') BEDROOM 3 2.57m x 2.46m (8'5 x 8'1) BATHROOM Comprising bath with shower over, shower screen, tiling around bath, WHB & WC, recessed lighting.
EXTERIOR FEATURES Lawn to rear laid in artificial grass.
ESTIMATED ANNUAL RATES: £977 (JULY'26) Misrepresentation clause : Daniel Henry, give notice to anyone who may read these particulars as follows: The particulars are prepared for the guidance only for prospective purchasers.
They are intended to give a fair overall description of the property but are not intended to constitute part of an offer or contract.
Any information contained herein (whether in text, plans or photographs) is given in good faith but should not be relied upon as being a statement of representation or fact.
Nothing in these particulars shall be deemed to be a statement that the property is in good condition otherwise nor that any services or facilities are in good working order.
The photographs appearing in these particulars show only certain parts of the property at the time when the photographs were taken.
Certain aspects may be changed since the photographs were taken and it should not be assumed that the property remains precisely as displayed in the photographs.
Furthermore, no assumptions should be made in respect of parts of the property which are not shown in the photographs. Any areas, measurements or distances referred to herein are approximate only.
Where there is reference to the fact that alterations have been carried out or that a particular use is made of any part of the property this is not intended to be a statement that any necessary planning, building regulations or other consents have been obtained and these matters must be verified by an intending purchaser.
Descriptions of the property are inevitably subjective and the descriptions contained herein are given in good faith as an opinion and not by way of statement or fact.
None of the systems or equipment in the property has been tested by Daniel Henry for Year 2000 Compliance and the purchasers/lessees must make their own investigations.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 2 Old Mill House, Newbuildings, L'Derry, BT47 2RL
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