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See how verdicts work3-bedroom bungalow · BT23 7BA
Listing removedListed 320 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a well-regarded and sought after residential area, this attractive detached bungalow offers generous and flexible accommodation and presents an excellent opportunity for a purchaser to modernise and add value in a prime location.
Set in a convenient position, the property is within close proximity to the bustling town centre of Newtownards with its wide selection of shops, coffee houses and restaurants, making it particularly appealing to families of all ages with easy access to many popular schools, leisure facilities and major routes leading into Belfast, Bangor and beyond or downsizers looking for a generous sized home in an easily accessible area.
Internally, the property comprises an entrance hallway leading to a spacious and bright lounge with fireplace with electric fire insert creating a warm focal point, second reception room which could easily be used as an additional family room or dining room, again with fireplace wth electric inset and views over the rear gardens, and fitted kitchen with access to the rear garden.
The accommodation further includes three well-proportioned bedrooms, one of which benefits from a small shower room and a separate family bathroom.
The property also benefits from a large loft space which with the appropriate planning permission in place could offer an excellent potential to be converted into a fourth bedroom, subject to works being completed.
Externally, the property is set on a generous and private site with large, enclosed gardens offering a high degree of privacy, ample off street car parking to the front and open views down towards the Lough from the rear.
The outdoor space includes a paved patio area, ideal for entertaining, along with a summer house and a garage.
While the property would benefit from some modernisation, it has been well maintained and offers a rare opportunity to acquire a bungalow with space, views, and future potential in a popular location.
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
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FAQ
About 10 Dorrandale Road, Newtownards
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