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See how verdicts work2-bedroom property · BT7 3LA
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Contemporary Duplex Apartment High Vaulted Living/Dining Room with West Facing Balcony Master Bedroom with En-Suite Further Double Bedroom Modern Kitchen Luxury Shower Room Gas Central Heating Allocated Parking Perfectly positioned for the Ormeau Road No Onward Chain This attractively presented duplex apartment seamlessly blends character with contemporary design, offering an exceptional balance of elegant living and generous entertaining space arranged over two floors.
Ideally situated in a quiet, tucked-away enclave at the top of the Ormeau Road, the property is easily accessible to a superb selection of independent shops, restaurants and cafés, as well as the Ormeau Park and the towpath walks adjacent to the River Lagan.
Offering an abundance of natural light through a large picture windows, the standout features are the main living room and master bedroom with their vaulted high ceilings, the former offering an impressive setting for relaxing and the latter featuring elegant bespoke cabinetry. In addition, the lower level maintains a good size second bedroom, open plan kitchen and a shower room in a luxury modern styling. Further comprising gas central heating, double glazing and allocated off street parking, only by internal inspection can the space, layout and uniqueness of this apartment be fully appreciated.
Entrance: from second floor landing, solid hardwood door to: Reception Hall: oak effect wood flooring, inset spotlights, radiatpr, understairs storage cupboard, entry phone consul, staircase to upper floor.
Living / Dining Room: high vaulted ceilings with white painted pine paneling, double glazed picture window to rear with a westerly aspect, oak effect wood flooring, two radiators, wall light points, door to: Balcony: full width with south-westerly views, overlooking gardens, towards the Belfast Hills.
Kitchen: single drainer stainless steel sink unit with mixer tap above and cupboards below, further range of contemporary base and wall storage and display units, laminated worksurfaces incorporating four ring gas hob with canopied extractor filter above and integrated over below, plumbing for washing machine and dishwasher, space for fridge/freezer, inset spotlights.
Bedroom Two: with light oak effect wood flooring, double glazed window to front, built in mirror fronted full height wardrobes, ceiling light point, radiator.
Luxury Shower Room: part tiled walls to walk-in shower with thermostatically controlled monsoon and hand shower attachments, further white suite of low level wc and wash hand basin in vanity surround with storage below, mosaic patterned flooring, heated towel radiator, ceiling light point, linen cupboard also housing wall mounted gas central heating boiler.
Extractor fan, frosted double glazed window to front. Top Floor Landing: built-in wardrobe/storage cupboard, inset spotlight.
Master Bedroom Suite Bedroom: with high vaulted ceiling with white painted pine paneling, inset spotlights, built-in wardrobe and eaves storage cupboards, bespoke range of built-in drawer units, feature glazed wall overlooking living area, radiator, double glazed Velux window to front.
Shower Room: decorative paneled walls to shower cubicle with thermostatically controlled monsoon and hand shower attachments, wash hand basin with storage below and low level wc.
Geometric patterned flooring, heated towel rail and radiator, ceiling light point, double glazed Velux window to front.
Outside: Allocated parking for one car Length of Lease: tbc Service Charge: £1440.00p.a.
Ground Rent: tbc Council tax band: X, Domestic rates: £1307, Tenure: Leasehold, Annual service charge: £1440, EPC rating: C
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About Apartment 8 Carolan Place 45 Rossmore Drive, Ormeau Road, Belfast, BT7 3LA
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