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See how verdicts work2-bedroom terraced house · BT20 3LJ
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented, extended mid terrace Spacious through lounge with feature fireplace Fitted kitchen Two well proportioned bedrooms uPVC double glazing & GFCH Private front & rear gardens Popular residential location The property has been tastefully decorated but the current owner.
The ground floor layout features a entrance hall leading into a spacious through lounge centred around a feature fireplace, bay window, and understairs storage.
Adjacent to the lounge, the extension adds a fitted kitchen with high and low-level units, a classic Belfast sink, oven, and gas hob, while uPVC double glazing and gas-fired central heating provide a solid structural baseline throughout.
Upstairs accommodates two well-proportioned bedrooms including a double with built-in storage and a cosy second room alongside a shower room fitted with a white three-piece suite.
Outside, the property enjoys enclosed front and private rear gardens complete with a handy outhouse.
Though it needs work to address some wear and tear, this represents an ideal canvas and an unmissable opportunity for a first-time buyer ready to put their own stamp on a home.
Ground floor Entrance hall Through lounge - 20'11" (6.38m) x 13'5" (4.09m) With feature fireplace, bay window and laminate floor. Storage cupboard understairs.
Kitchen - 13'1" (3.99m) x 7'10" (2.39m) Fitted kitchen with both high and low level units, gas hob (connected to bottled gas), oven, Belfast sink and plumbing for washing machine.
First floor Bedroom 1 - 10'6" (3.2m) x 9'9" (2.97m) Double bedroom with carpet and built in wardrobe. Bedroom 2 - 8'10" (2.69m) x 7'9" (2.36m) Single bedroom with carpet.
Shower room With white suite comprising electric shower, pedestal wash hand basin and low flush WC. Outside Enclosed front garden. Private rear garden with outhouse.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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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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 53 Elmwood Drive, Bangor, BT20 3LJ
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