2-bedroom flat · BT48 7PB
To rentListed 3 days
Opportunity summary
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About
Features Two-bedroom apartment Available Now Modern fitted kitchen with appliances Contemporary shower room Stylish herringbone-effect lounge flooring New electric heatingUnfurnished Central city location Parking available Long-term tenancy preferred Arrange your viewing James Gorman Property is pleased to welcome this two-bedroom apartment in Meadowbank Court to the rental market.
Positioned on the top floor and located within easy reach of the city centre, this bright and modern apartment is available to rent immediately.
It would make an ideal home for professional tenants seeking comfortable, long-term accommodation in a convenient central location.
The Meadowbank Court development underwent a significant external transformation throughout 2024, with further improvements continuing across the building.
Internally, the apartment has been thoughtfully upgraded and includes a new modern kitchen complete with white goods, including a washing machine, oven, hob and fridge freezer.
Stylish herringbone-effect laminate flooring runs throughout the lounge, while new electric heaters have also been installed. The accommodation further benefits from two well-proportioned bedrooms and a fully fitted contemporary shower room.
The property is offered unfurnished, and parking is available. References will be required. One month’s rent and a security deposit must be paid in advance.
James Gorman Property will also have additional apartments within the development becoming available throughout 2026.
Prospective tenants are encouraged to register their interest for this apartment or any upcoming properties.
For further information or to arrange a viewing, contact J ames on 028 7161 0402 or email [email protected] .
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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 Meadowbank Court, 141 Strand Road, Derry/Londonderry, BT48 7PB
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