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4 Millstone Grove, Portstewart, BT55

Offers Over £235,000
  • status Sale
  • bedrooms 5 Bedrooms
  • receptions 1 Reception
  • style Terrace
  • Price Offers Over £235,000
  • Style Terrace
  • Bedrooms 5
  • Receptions 1
  • Heating OFCH
  • EPC Rating D59 / D66 - Download
  • Status Sale
Armstrong Gordon Office: 028 7083 2000

Description

A wonderful opportunity to acquire a 5 bedroom mid terrace town house situated off Lissadell Avenue.  Constructed circa 2004 by well known and renowned builders O"Kane & Devine Ltd, the property is in excellent condition throughout and offers both bright and spacious living accommodation. Located in a very popular student rental area the property is  let to 4 students from September 2024 deriving a rental income of £1370.00 pcm approximately plus wifi amounts. The property also has the potential to derive a rental income of £1050.00 per week over July and August and increasingly June and September. This is undoubtedly an excellent investment opportunity and a fantastic income generator for those wishing to purchase in this beautiful part of the north coast.

Features

  • Oil Fired Central Heating
  • PVC Double Glazed Windows
  • Rental In Place For Four Tenants for £1370.00 Per Month plus £40 For TV & Wifi Per Month
  • Currently Licensed On An HMO & Must Be Sold Initially As An HMO Property (All Certificates In Place)
  • Potential For Higher Rental Income Should You Rent Out The Fifth Bedroom
  • Awarded Four Stars As A Self Catering Establishment
  • Sun In Rear Garden Until Sunset (Southerly Facing)
  • Excellent Decorative Order
  • Electric Car Charger Available By Separate Negotiation
  • New Grant Boiler Installed Since EPC Last Accessed

Room Details

  • ENTRANCE HALL:

    With tiled floor.
  • SEPARATE WC:

    With wash hand basin with tiled splashback, extractor fan and tiled floor.
  • LOUNGE: 15' 5" X 11' 5" (4.70m X 3.48m)

    With pine surround fireplace with cast iron inset and tiled hearth and laminate wood floor.
  • KITCHEN/DINING AREA: 18' 5" X 11' 1" (5.61m X 3.38m)

    With single drainer stainless steel sink unit, high and low level built in units with tiling between, integrated fridge freezer, ceramic hob, stainless steel oven, plumbed for automatic washing machine and dishwasher, space for tumble dryer, tiled floor and sliding patio doors leading to rear garden.
  • LANDING:

    With hot press.
  • BEDROOM (1): 12' 2" X 11' 6" (3.71m X 3.51m)

    With PVC French doors leading to Juliette balcony.
  • ENSUITE SHOWER ROOM:

    Ensuite off with w.c., wash hand basin with tiled splashback with storage below, fully tiled walk in shower cubicle with electric shower, heated towel rail and tiled floor.
  • BEDROOM (2): 10' 7" X 9' 2" (3.23m X 2.79m)

  • BATHROOM:

    With white suite comprising w.c., wash hand basin with illuminated mirror above and storage below, fully tiled walk in shower cubicle with electric shower, feature free standing bath, heated towel rail, shaver point, extractor fan and tiled floor.
  • LANDING:

    With access to roof space.
  • BEDROOM (3): 12' 5" X 6' 7" (3.78m X 2.01m)

    With dormer window.
  • BEDROOM (4): 9' 8" X 8' 3" (2.95m X 2.51m)

    With 'Velux' window.
  • BEDROOM (5): 9' 7" X 7' 7" (2.92m X 2.31m)

    With "Velux" window.
  • Paviour parking to front. Garden to rear is laid in lawn and fully enclosed Tobermore paved patio area.
  • Please note that all purchasers will become Shareholders in a Management Company formed to maintain communal areas etc. Details of the annual Service Charge and full management services are available on request. Current service charge is £243.00 per annum. (25.06.24)

Location

* Click boxes to display surrounding locations

Directions

Approaching Portstewart on the Coleraine Road, turn right after Tesco at Flowerfield Arts Centre onto the Agherton Road. Take your third left onto Lissadell Avenue and then eighth left onto Millstone Avenue. Turn immediately right and No 4 will be the second house on your left hand side once you approach the houses.

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Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.

Property Surveying

Armstrong Gordon are delighted to have access to a number of top local independent Rics Surveyors and can arrange for a quote for any level of survey as per the Rics levels below.

Helping you choose the right survey

Why do you need an RICS Home Survey? Because forewarned is forearmed. Choosing the right survey will help highlight any serious problems and advise you of the specific risks before you commit to the process of buying or selling a property.

RICS has three different levels of survey (outlined overleaf). These can only be conducted by an RICS qualified surveyor.

Reliable and cost effective, these reports carry the full weight of the Royal Institution of Chartered Surveyors – the industry’s most respected authority on surveying.

Buying a home

It’s important to remember that your mortgage lender’s valuation report is not a survey. It merely tells your lender whether or not the property is reasonable security for your loan. An RICS survey will tell you the actual condition of the property. That’s vital information that can be invaluable during price negotiations, and will also help you avoid expensive surprises after you’ve moved in. There is an option for an RICS HomeBuyer Report (Survey level 2) which also includes a valuation as a standard part of the service for your own purposes.

Selling a home
An RICS survey can be an aid to selling your home. It will show you any problems that may delay your sale or cause price reductions later in the process.

Staying at home
A survey of the current condition of your home will warn you of defects and help you avoid escalating repair and maintenance costs in the future.
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