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 house · BT34 4DN
Listing removedListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No 31 Newry Street, Kilkeel comes to the market with 3 bedrooms, 1 reception room, large kitchen/dining room and 2 bathrooms.
The property also comes with a large rear store/workshop and a 60 metre long private garden with apple trees. The property could use some light modernisation, this is reflected in the asking price.
Fantastic location minutes walk to Kilkeel towns shops and cafes etc. Local schools and Leisure centre and all in an area of natural outstanding beauty.
Newry 30 minutes Dublin 90 minutes Belfast 60 minutes • Three-bedroom terraced family home • Short walk to Kilkeel town centre • Close to shops, cafés and services • Near Kilkeel Harbour and shoreline • Access to Mourne Mountains outdoor activities • Two bathrooms for added convenience • Near primary and post-primary schools • Bus links to Newry and surrounding towns • Coastal and rural lifestyle combined • Practical layout with separate reception Entrance Hall (13' x 3.3'') Entrance hallway with Wood effect vinyl flooring, radiator, light, solid wood door/frame with fan light window, fuse board Reception Room (19' x 11.1'') Large bright spacious lounge with high ceilings, window, feature fireplace, radiator, light, carpet to floor, plug sockets Kitchen (13'.5'' x 11'.8'') Spacious kitchen/dining room with pine panelled ceiling, hard wearing tiled floor, ample range of high & low level units & worktops, built in refrigerator & microwave, stainless steel sink with mixer tap, large window, radiator, ceiling lights, electric oven with gas hob, fireplace with back boiler Bathroom (9' x 6') Ground floor bathroom with walk in shower, sink and toilet, PVC panelled walls, extractor fan, PVC window, radiator, ceiling light Bedroom Double bedroom (Front) 14' x 9'.6'' Oak effect laminate flooring, wall shelving, radiator, ceiling light, wall sockets, 2 No windows Bedroom (9'.5'' x 8'.1'') Bedroom No 2.
(Middle) Sky light, hard wearing laminate flooring, radiator, wall shelving, sockets, ceiling light Bedroom (9' x 8'.8'') Bedroom No.
3 (Rear) Oak wood flooring, radiator, plug sockets, built in wall shelving, window Bathroom (12' x 4'. 2'') 1st floor bathroom Window, toilet, sink, mirror, tiled flooring, radiator, ceiling light
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 31, Newry Street, Kilkeel
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