2-bedroom property · BT17 9FP
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
McAteer Solutions Estate Agents are delighted to welcome Apartment 46 Luna Building for rent. This two-bedroom penthouse is well presented throughout with outstanding views of greater Belfast.
The apartment is ideally located and in a highly sought after within the village of Dunmurray, just off the A1 Kingsway/Queensway.
The penthouse is beside Laganview Golf Centre, Aberdeighy Golf Course, Deriaghy Train station a 5-minute walk away; with its many amenities including shops and restaurants virtually on one's doorstep.
The accommodation comprises of a bright open plan kitchen/dining/living area with access to balcony terrace, two large double bedrooms (one en-suite), three-piece bathroom suite and store.
The apartment also benefits from a secure parking space located in basement. Luna Building Entrance: Communal door with keypad, leading to stairwell / lift.
Apartment Entrance: Solid wooden door, tile flooring leading to living areas.
Open Plan Kitchen/Dining/Living Area: A bright spacious open plan living area with luxury carpet flooring and large windows providing plenty of natural light and panoramic views.
The kitchen / dining area complete with tile flooring and access to balcony area. U shaped kitchen with integrated appliances.
Measurements: 7.5m x 5.4m Master Bedroom With Balcony + En-suite: A bright spacious double bedroom with luxury carpet and tastefully decorated throughout. Measurements: 5.6m x 3.12m.
En-suite: Three-piece en-suite with shower. Measurements: 2.7m x 1.37m Bedroom 2: A bright spacious double bedroom with luxury carpet.
Measurements: 3.9m x 3.0m Bathroom: A three-piece bathroom suite with shower over bath.
Measurements: 2.2m x 2.1m Basement Car Park: Designated one car parking space in basement with secure automated roller door.
If you would like to arrange a viewing please contact McAteer Solutions Estate Agents on 028 79659 444.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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

FAQ
About 46 The Luna Building (Penthouse), 1 Redwood Court, Dunmurray, Belfast, BT17 9FP
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