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106 Old Mill Grange, Portstewart, BT55 7GE

Offers Over £125,000
  • status Sale
  • bedrooms 5 Bedrooms
  • receptions 1 Reception
  • style Terrace
  • Price Offers Over £125,000
  • Style Terrace
  • Bedrooms 5
  • Receptions 1
  • EPC Rating C72 / C76 - Download
  • Status Sale
Armstrong Gordon Office: 028 7083 2000

Description

A great opportunity to acquire a 5 bedroom mid terrace house situated in the student catchment area of Old Mill Grange. Constructed circa 2001 by well known builders O'Kane & Devine Ltd, the property is in very good order throughout and offers both bright and spacious living accommodation. Located in a very popular student rental area, this property is leased to 5 students deriving a rental income of £1,025.00 per month through NCPM in Portstewart. There is also the potential to derive a weekly summer let income of approximately £550.00 - £595.00 per week  during the summer.  Last year this property obtained a total gross income of £14,500 and 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
  • Popular Student Rental Area
  • 5 Bedroom Accommodation

Room Details

  • ENTRANCE HALL:

    Wide with stairs leading to first floor, under stairs storage cupboard, laminate wood floor.
  • SEPARATE WC:

    With wash hand basin and tiled splash back.
  • LOUNGE: 15' 9" X 11' 3" (4.80m X 3.43m)

    With tiled floor and patio doors leading to rear.
  • KITCHEN: 13' 6" X 11' 4" (4.11m X 3.45m)

    With stainless steel sink unit, high and low level units with tiling between, integrated oven and hob with extractor fan above, integrated fridge freezer, plumbed for automatic washing machine, drawer bank, saucepan drawers, tiled floor.
  • BEDROOM (5): 12' 3" X 8' 3" (3.73m X 2.51m)

    With laminate wood floor.
  • LANDING:

    With hotpress and immersion heater.
  • BEDROOM (1): 15' 4" X 12' 11" (4.67m X 3.94m)

    With wood floor.
  • ENSUITE SHOWER ROOM:

    With w.c., wash hand basin and a fully tiled walk in shower cubicle.
  • BEDROOM (2): 10' 7" X 8' 9" (3.23m X 2.67m)

    With wooden floor.
  • BEDROOM (3): 12' 4" X 8' 1" (3.76m X 2.46m)

    With wooden floor.
  • BEDROOM (4): 13' 1" X 12' 0" (3.99m X 3.66m)

    With wooden floor.
  • BATHROOM:

    With white suite comprising w.c., wash hand basin with tiled splash back, tiling above bath, fully tiled walk in shower cubicle and extractor fan.
  • Outside to rear there is a fenced in gravelled garden and paved patio area with right of way to side. Outside to front there is a paved parking area for two cars.

Location

* Click boxes to display surrounding locations

Directions

Approaching Portstewart on the Coleraine Road, take your third left at the Burnside Road roundabout onto Mill Road. At Portstewart Medical Centre turn right onto Lissadell Avenue and then take your fourth right into Old Mill Grange. No 106 will be located at the lower end straight ahead of  your vehicle.

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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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