great opportunity to acquire a 4 bedroom semi-detached house situated in
the student catchment area of Old Mill Grange. Constructed circa 2000 by well
known local builders, O'Kane & Devine, the property offers both
bright and spacious living accommodation. Located in a very popular student
rental area, the property is currently let out until the end of June 2019. If
rented to four students in September 2019 to May 2020 the property has the
potential to derive a rental income of £800.00 per month (approx). There is also
to derive a weekly summer let income of approximately £440.00 per
week(approx) throughout July and August. 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.
Oil Fired Central Heating
PVC Double Glazed Windows
Area Currently Very Popular With Student Tenants However Agent Notes A Slight Shift In Type Of Tenant That Has Recently Moved Into The Area.
There Is An Enclosed Garden To Rear
KITCHEN: 14' 0" X 11' 7" (4.27m X 3.53m)
With single drainer stainless steel sink unit, high and low level units with tiling between, integrated oven and hob with extractor fan above, plumbed for automatic washing machine, drawer bank and wood laminate floor.
LOUNGE: 13' 1" X 11' 0" (3.99m X 3.35m)
Fireplace with tiled hearth, laminate wood floor and patio doors to rear.
BEDROOM (4): 10' 11" X 6' 10" (3.33m X 2.08m)
With built in wardrobe and laminate wood floor.
With hot press and immersion heater.
BEDROOM (1): 13' 1" X 11' 0" (3.99m X 3.35m)
With wood flooring.
BEDROOM (2): 8' 11" X 8' 10" (2.72m X 2.69m)
With wood flooring.
BEDROOM (3): 8' 11" X 8' 9" (2.72m X 2.67m)
With built in wardrobe and wood flooring.
With white suite comprising w.c, wash hand basin
with tiled splash back, bath, fully tiled walk in shower cubicle, Velux window and tiled floor.
Outside to rear there is a fenced in garden with paved patio area. Outside to front there is a garden laid in lawn and tarmac driveway.
* Click boxes to display surrounding locations
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 47 will be located on your left hand side.
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.
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.