3-bedroom semi-detached house · BT5 5PD
Listing removedListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi-Detached Property Bright Living Room Modern Fitted Kitchen Three Bedrooms Bathroom With White Suite uPVC Double Glazing & GFCH Garden To Front Enclosed Yard To Rear This semi detached property is located in a prime residential area of East Belfast.
Situated just off the Castlereagh Road this family home is within walking distance of a range of primary, secondary and grammar schools.
It is conveniently situated close to an excellent range of local amenities including Orangefield park and Connswater retail park.
Served by local Metro bus links, it is only a short commute to Belfast city centre and George Best City airport.
Internally this home offers a welcoming entrance hall, a bright living room, dining room, a modern fitted kitchen, three bedrooms and family bathroom with white suite.
The property also benefits from gas fired central heating and uPVC double glazing. Externally there a driveway to the front & an enclosed yard to rear. Early viewing is highly recommended.
Directions Castlereagh
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
We're still gathering serviced-accommodation data for this area.
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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 120 Grand Parade, Belfast, BT5 5PD
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