2-bedroom terraced house · BT62 3BE
Listing removedListed 111 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PR Rentals are delighted to present this spacious and well-maintained 2-bedroom mid-terrace home, ideally situated on Thomas Street, just a short walk from Portadown town centre and a wide range of local amenities.
The property offers generous accommodation throughout, comprising two spacious reception rooms, two well-proportioned double bedrooms, a dedicated fitted kitchen, a family bathroom and an enclosed rear yard.
The layout provides excellent flexibility for couples, small families or professionals seeking comfortable living space in a highly convenient location.
The home benefits from a recently installed high-efficiency oil-fired boiler, providing reliable and economical heating, while a gas connection is already available to the property, offering the option to convert to gas central heating in the future if desired.
Thomas Street is a highly convenient location with excellent access to shops, supermarkets, cafés, schools, healthcare facilities and public transport.
Portadown town centre is within easy walking distance, while the nearby road network provides straightforward access to Craigavon, Lurgan and the M1 motorway, making commuting simple.
The area is also served by nearby supermarkets including Tesco and Lidl, along with a wide range of everyday amenities.
Key Features: • Spacious 2-bedroom mid-terrace home • Two generous reception rooms • Dedicated fitted kitchen • Recently installed oil-fired central heating boiler • Gas connection available for future conversion • Bright and spacious accommodation throughout • Enclosed rear yard • Walking distance to Portadown town centre • Close to Tesco, Lidl, schools, cafés, shops and public transport • Excellent commuter links to Craigavon, Lurgan and the M1 motorway Early viewing is highly recommended to appreciate everything this excellent home has to offer.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 175 Thomas Street, Portadown, BT62 3BE
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