3-bedroom semi-detached house · BT22 1RR
Listing removedListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you're looking for a first home, or first family home, that offers more than the typical semi detached then look no further than 48 The Gables, Portaferry.
Although still a young property the current owners have already modernised it with an open plan arrangement to the ground floor which incorporates a lounge, with multi fuel stove, and an enviable kitchen/dining area with modern "Shaker style" units and integrated appliances.
The first floor offers 3 well proportioned bedrooms, all with generous built in storage, and a family bathroom. There is also a useful ground floor WC.
The property benefits from uPVC double glazing & fascia (in oak effect) plus oil fired central heating.
The property is very nicely presented throughout and offers excellent value for money in the current market.
Externally there is a spacious detached garage, plumbed for utilities and with a small "office space" to the rear, a tarmac driveway and enclosed gardens to front and rear in lawn with paved patios.
An internal viewing is essential to fully appreciate this lovely home and to secure it for yourself so give us a call and let's make it happen! Entrance Oak effect uPVC double glazed door.
Entrance Hall Wood effect laminate floor. Spindle staircase leading to first floor. Under stair storage. Kitchen/Diner (5.61mx3.91m (18'5x12'10)) At widest points.
Range of high and low level cream 'Shaker style' kitchen units with granite effect worktops. 1 1/2 bowl stainless steel sink. Integrated oven hob and extractor fan. Integrated fridge/freezer.
Integrated dishwasher. Wood effect laminate floor. Part tiled walls. Oak effect uPVC door leading to rear garden.
Lounge (4.83mx3.23m (15'10x10'7)) Multi fuel stove with granite hearth and wood mantle. Wood effect laminate floor. Open plan to kitchen/diner.
Wc (1.63mx0.94m (5'4x3'1)) White suite comprising WC and wash hand basin. Tiled floor. Heated towel rail. First Floor Landing Access to hot press. Access to roof space.
Bathroom (2.72mx2.31m (8'11x7'7)) White suite comprising corner bath, WC and wash hand basin. Corner shower cubicle with thermostatic 'rain shower'. Tiled floor. Part tiled walls. Recessed spotlights.
Extractor fan. Heated towel rail. Bedroom 1 (3.76mx3.23m (12'4x10'7)) Sliding mirrored door wardrobes. Bedroom 2 (4.47mx3.23m (14'8x10'7)) At widest points. Sliding mirrored door wardrobes.
Bedroom 3 (2.95mx2.92m (9'8x9'7)) At widest points. Sliding mirrored door wardrobes. Garage (6.65mx3.02m (21'10x9'11)) Roller door. Plumbed for washing machine. UPVC double glazed door.
Oil fired boiler. Office space. Outside Tarmac driveway. Enclosed paved patio are to front. To rear in lawn with paved patio. Outside water tap.
Tenure Freehold Property Misdescriptions Every effort has been made to ensure the accuracy of the details and descriptions provided within the brochure and other adverts (in compliance with the Consumer Protection from Unfair Trading Regulations 2008) however, please note that, John Grant Limited have not tested any appliances, central heating systems (or any other systems).
Any prospective purchasers should ensure that they are satisfied as to the state of such systems or arrange to conduct their own investigations.
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
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.
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FAQ
About 48, The Gables, Newtownards
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