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See how verdicts work3-bedroom semi-detached house · BT48 7JX
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Competitively priced for the current market, and ideally located within walking distance of the city centre, Ulster University and a host of local amenities, this three-bedroom property offers an excellent opportunity for first-time buyers and investors alike.
The accommodation is well laid out, comprising two reception rooms, a fitted kitchen with access to the rear garden, three bedrooms, a family bathroom and a separate WC.
Externally, the property benefits from gardens to both the front and rear, with the rear garden featuring a lawn, patio area and concrete shed.
Combining a convenient location with practical living space and excellent potential, this property is well worth viewing.
The accommodation is arranged as follows: uPVC front door with glazed inset leading to...
Entrance hallway - tiled floor Living room - (4.5 m x 3.5 m), laminate floor covering, cast iron fireplace with tiled hearth, wooden surround, cornice to ceiling Kitchen - (5.5 m x 2.9 m at widest), tiled floor, high and low level kitchen units, countertops, ceramic sink unit with mixer tap, 4 ring electric hob with electric oven under, extractor fan, plumbed for automatic washing machine, patio doors, back door Dining room/Second Living Room - (3.4 m x 2.7 m), cushion floor First floor Landing - carpet to stairs and landing Separate toilet - cushion floor, tiled walls, wc Bathroom - (1.7 m x 1.9 m), cushion floor, wash hand basin, heated towel rail, shower over bath, tiled walls Bedroom 1 - (2.6 m x 3 m at widest), laminate floor covering, built in wardrobe Bedroom 2 - (3.5 m x 3.1 m), laminate floor covering, fitted wardrobes Bedroom 3 - (3.2 m x 2.8 m), laminate floor covering Exterior & Additional features - rear garden laid in lawn, patio area, perimeter wall, concrete shed, hedging, on street parking, garden to front with mature shrubbery, uPVC windows and doors mostly These particulars are for guidance only and do not constitute any part of an offer or contract.
All descriptions, dimensions, references to condition, and necessary permissions for use and occupation are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact and should satisfy themselves as the condition of any property before purchasing.
No responsibility is taken for any error, omission, or misstatement, and purchasers or tenants should satisfy themselves by inspection or otherwise.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 2 Northland Way, Derry, BT48 7JX
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