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See how verdicts work2-bedroom property · BT36 5JE
Listing removedListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Ground Floor Apartment Close Proximity To Glengormley Village Lounge and Separate Kitchen Two Good Sized Bedrooms and Bathroom Economy Seven Heating System Double Glazed Throughout Forecourt Parking To The Rear Viewing Strictly By Appointment!
Description Reeds Rains present for sale this spacious ground floor apartment within close proximity to Glengormley Village and with a wealth of local amenities and schools also nearby.
The property itself offers lounge, separate kitchen, two spacious bedrooms and bathroom. Economy Seven heating system and double glazed throughout. This would make an ideal starter home or investment.
Rental Yield of approx. £8000pa. Early viewing recommended! Communal Entrance Intercomm entrance leading to communal hallway.
Hallway Lounge 3.96m x 3.66m (13'0" x 12'0") Spacious lounge with large window aspect to the side of the property.
Kitchen 3.45m x 2.74m (11'4" x 9'0") Range of high and low level units with matching worktop surfaces. Stainless steel drainer unit and sink.
Space for cooker and plumbed for kitchen appliances. Bedroom One 3.66m x 2.95m (12'0" x 9'8") Carpeted flooring. Bedroom Two 3.43m x 1.85m (11'3" x 6'1") Carpeted flooring.
Bathroom Three piece suite comprising panelled bath, white wash hand basin and WC. Fully tiled walls. Externally Communal side gardens and also communal refuge area.
Forecourt Parking To Rear Ample car parking space to the rear of the apartment block.
Customer Due Diligence As a business carrying out estate agency work, we are required to verify the identity of both the vendor and the purchaser as outlined in the following: The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 - https://www.legislation.gov.uk/uksi/2017/692/contents.
To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply of £30 + VAT for a single purchaser or £50 + VAT per couple.
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 8B Glenvarna Walk, Newtownabbey, BT36 5JE
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