1-bedroom flat · BT23 4WS
Listing removedListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open plan kitchen and living area (some built-in kitchen appliances) 1 Bedroom Bathroom with bath and separate shower cubicle Phoenix Gas Central Heating Double Glazed Windows Locked main door access Off Street open air underground parking Access to communal outside area Unfurnished single bed apartment in a modern complex.
Situated on the second floor via stairs only from both the front of house and the car parking area to the rear. Bathroom has a separate shower cubicle and bath all in white suite.
It has gas fired central heating and close to the town centre. Directions Orchard House is located on the corner of Mark Street and North Street
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 2 Orchard House, Mark Street, Newtownards, BT23 4WS
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