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See how verdicts work2-bedroom flat · BT6 8QY
Listing removedListed 74 days
Opportunity summary
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About
First Floor Purpose Built Apartment Two Double Bedrooms Spacious Living/Dining Room Kitchen Shower Room Gas Central Heating PVCu Double Glazing Secure Underground Parking Residents Only Gymnasium Immediate Vacant Possession Located on the previous site of the Belfast Co-operative Wholesale Society Bakery, the Old Bakers Court complex is a highly sought after residential development, particularly with First Time Buyers, due to its excellent proximity to the city centre and local amenities.
This first floor apartment offers larger than average accommodation due to its corner location withing the building and features a very spacious living/dining room to an open plan kitchen.
Further offering two double bedrooms and a good size shower room, the apartment benefits from gas central heating, double glazed windows and secure underground car parking.
With ample above ground communal (visitor) parking set within well maintained gardens, the development also boasts a residents only on-site gymnasium.
The Ormeau Park is almost on the doorstep and maintains a wealth recreational and leisure facilities as well as offering a pleasant, short, walk through to the bustling cafes, bars and restaurants on the Ormeau Road Entrance: from communal first floor landing, solid hardwood door to: Reception Hall: radiator, ceiling light point, cloaks/storage cupboard.
Spacious Living/Dining Room: into PVCu double glazed angle bay window to front, two radiators, ceiling light points.
Kitchen: single drainer stainless steel sink unit with mixer tap above and cupboard below.
Laminated worksurfaces, with tiled splash back behind, incorporating four ring gas hob with canopied extractor filter above and oven below, plumbing for washing machine and space for further modern appliances.
Ceiling light point. Bedroom One: with PVCu double glazed window to front, radiator, ceiling light point, built-in wardrobe cupboard.
Bedroom Two: with PVCu double glazed window to front, radiator, ceiling light point, built-in wardrobe cupboard housing wall mounted gas central heating boiler.
Shower Room: corner shower cubicle with thermostatically controlled shower above, pedestal wash hand basin and low level wc. Ceiling light point, radiator, extractor fan.
Outside: Set within well maintained communal gardens with an on-site residents only gymnasium and visitor parking spaces.
Secure, gated, underground parking accessed via either the Ravenhill Road or Ravenhill Avenue Length of Lease: 500yrs from 2003 Service Charge: £1202.93 per annum (2026) Ground Rent: £85.00 per annum Council tax band: X, Domestic rates: £1055, Tenure: Leasehold, Annual ground rent: £85, Annual service charge: £1202.93, EPC rating: B
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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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 Apt 11 Annesley Building, 36 Old Bakers Court, Belfast, BT6 8QY
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