2-bedroom flat · BT36 5FZ
Listing removedListed 67 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First Floor Apartment Two Bedrooms Spacious Lounge Modern Fitted Kitchen Bathroom Economy 7 Heating Convenient Location Parking space & Communal Gardens to rear £800.00 per calendar month to include rates Available Immediately Penny Smyth Estates is delighted to welcome to the market To Let` this two bedroom, first floor apartment.
Located just off the Ballyclare Road in Glengormley, Newtownabbey The property comprises 2 well proportioned bedrooms, spacious lounge, modern fitted kitchen and bathroom.
Externally the property further benefits from communal parking forecourt to front and gardens to rear.
Positioned within a highly popular, convenient location, this first floor apartment is within walking distance to local schools, shops, restaurants and public transport links.
Landlord Registration Registration Number : NIE45223DD Notice All photographs are provided for guidance only.
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
Short-let licence or registration needed
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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 4 Elm Court, Newtownabbey, BT36 5FZ
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