excellent opportunity to acquire a 3 bedroom second floor apartment
which benefits from being located in an excellent student catchment area.
Constructed circa 2003 by well renowned contractors, O'Kane & Devine Ltd,
the property has been finished to a good standard throughout. This property
should appeal to an investment buyer wishing to get started in the buy to
let market. Similar properties to this one would normally rent out to students
between September and May at £600 (approx) per month [Please note there are new
HMO regulations in place and all purchasers are advised to check these out prior
to purchase]. There is also the potential throughout July and August to
derive a rental income of £350.00 (approx) per week. Literally on your
doorstep you will be able to take full advantage of many of the North Coast's
finest attractions including championship golf courses, beaches and a wide range
of first class eating establishments.
Gas Fired Central Heating
PVC Double Glazed Windows
Private Parking To Front
Sit Out Balcony Overlooking Pleasant Open Green Space
HMO Licence In Place
Currently Let To 2 Students £470/month. Third Student From January 2021 £600/month (approx)
COMMUNAL ENTRANCE HALL:
With stairs to second floor.
With two storage cupboards and laminate wood floor.
OPEN PLAN KITCHEN / LOUNGE / DINING: 20' 5" X 14' 8" (6.22m X 4.47m)
With single drainer stainless steel sink unit, high and
low level built in units with tiling between, integrated stainless steel oven and hob with extractor fan above, space for fridge freezer, plumbed for automatic washing machine, drawer bank, tiled floor.
LOUNGE / DINING AREA:
With intercom, laminate wood floor and patio doors leading to balcony.
BEDROOM (1): 11' 1" X 8' 7" (3.38m X 2.62m)
With laminate wood floor.
ENSUITE SHOWER ROOM:
With w.c., wash hand basin, fully tiled walk in shower cubicle, tiled floor and extractor fan.
BEDROOM (2): 9' 11" X 8' 3" (3.02m X 2.51m)
With laminate wood floor.
BEDROOM (3): 8' 9" X 7' 8" (2.67m X 2.34m)
With laminate wood floor.
With white suite comprising w.c., wash hand
basin, fully tiled walk in shower cubicle, tiled over bath, tiled floor.
Outside to front there is a communal green area and private car parking.
Please note that all purchasers will become Shareholders in a Management Company formed to
provide buildings insurance and maintain communal areas etc. Details of the annual Service Charge and full management services are available on request. Current Service Charge £618.00 p/a 30.11.20
Please note that new regulations have been issued regarding House of Multiple Occupation licenses. We advise you to take instruction from the relevant authorities (Housing Executive) and your solicitor before proceeding.
* Click boxes to display surrounding locations
Approaching Portstewart on the Coleraine Road turn right after Tesco onto the Agherton Road. Take your third left onto Lissadell Avenue and then your nineth left into Millstone Avenue. Take your second right into Millstone Park and follow the road right round until you see the second block of apartments on the other side of the green. No. 40 will be located top floor right.
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.