Landlord templates, Lurgan.

Lurgan rental market, what landlords need to know

Lurgan is one of the principal towns of the Armagh City, Banbridge and Craigavon Borough Council area and forms part of the Craigavon urban area — a planned urban development from the late 1960s comprising the twin towns of Lurgan and Portadown connected by a purpose-built network of distributor roads and the Craigavon city centre commercial area between them. Lurgan is situated approximately 25 miles south-west of Belfast and 4 miles east of Portadown. The M1 motorway provides excellent direct road access to Belfast (approximately 30-40 minutes by road via junction 10 at Lurgan), making Lurgan one of Northern Ireland's most accessible commuter towns outside the Greater Belfast area. Translink bus services (Ulsterbus) from Lurgan Bus Centre to Belfast Europa Bus Centre (approximately 35-45 minutes by bus via the M1) supplement the road connections. Lurgan railway station is on the Translink NI Railways Dublin-Belfast Enterprise line and Belfast-Dublin commuter services (operated jointly by Translink and Iarnród Éireann) — services from Lurgan to Belfast Great Victoria Street (approximately 25-30 minutes). Lurgan was historically an important linen manufacturing centre in the 19th and early 20th centuries (the linen trade dominated the town's economy) — the linen industry has been replaced by pharmaceutical manufacturing, engineering, and retail and service sector employment. Lurgan's economy is anchored by: (a) Armagh City, Banbridge and Craigavon Borough Council (major local government employer with offices across the borough including Craigavon); (b) Craigavon Area Hospital (Southern Health and Social Care Trust; located in Portadown, approximately 4 miles west of Lurgan; a major acute DGH for the Lurgan/Portadown population and the wider Armagh area — a major healthcare employer); (c) private sector manufacturing and pharmaceutical employers in the Craigavon area; (d) Southern Regional College (SRC) operates a campus in Lurgan (Lurgan Campus); (e) PSNI and public service employment across the Lurgan and Armagh area. Buy-to-let investment in Lurgan benefits from: Belfast commuter demand (M1 motorway approximately 30-40 minutes; NI Railways Enterprise line to Belfast Great Victoria Street approximately 25-30 minutes — one of the best commuter rail connections in Northern Ireland); Southern HSC Trust healthcare worker demand (Craigavon Area Hospital 4 miles west); ABC Borough Council public sector employment; Southern Regional College Lurgan Campus student and staff demand; and manufacturing/pharmaceutical sector employment in the Craigavon area. Lurgan's property prices are significantly more affordable than Belfast city, generating moderate gross yields of 5-7% for BTL investors. All residential tenancies in Lurgan are governed by the Private Tenancies (Northern Ireland) Order 2006 — minimum 4-week Notice to Quit for periodic tenancies; rent review via Rent Assessment Panel; landlord obligations on fitness for habitation and repair. NI Landlord Registration is mandatory for all landlords at landlordregistrationni.gov.uk before any tenancy commences. HMO licensing in Northern Ireland is administered under the Houses in Multiple Occupation Act (Northern Ireland) 2016 — NI HMO threshold is 3 or more persons from 2 or more households (apply to Armagh City, Banbridge and Craigavon Borough Council). The Renters' Rights Act 2025 does NOT apply in Northern Ireland.