great opportunity to acquire a 3 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 excellent order
throughout and offers both bright and spacious living accommodation. Located in
a very popular student rental area, this property is leased to 3 students
from September 2019 - May 2019 deriving a rental income of £650
per month (approx.) through LPG Lettings. There is also the potential to
derive a weekly summer let income during the summer months of June, July and
August.This property is
undoubtedly an excellent investment opportunity and a fantastic income generator
for those wishing to purchase in this beautiful part of the North
note there are new HMO regulations in place and all purchasers are advised to
check these out prior to purchase].
Oil Fired Central Heating
PVC Double Glazed Windows
Let To 3 Students From September 2019 to May 2020 at £650 PCM (Approx.)
Excellent Decorative Order Throughout
Wide with laminate wood floor.
LOUNGE: 17' 7" X 13' 0" (5.36m X 3.96m)
With fireplace set in recess with oak mantelpiece above and tiled hearth, under stairs storage cupboard,
pedestrian door access to rear and laminate wood floor.
KITCHEN: 13' 11" X 11' 5" (4.24m X 3.48m)
With single drainer stainless steel sink unit, high and low level built in units with tiling between, integrated
stainless steel oven, integrated induction hob with extractor hood above and tiled splashback between, plumbed for automatic washing machine, space for fridge freezer, drawer bank and saucepan drawers.
Wide with hot press and access to roofspace.
BEDROOM (1): 15' 9" X 13' 10" (4.80m X 4.22m)
ENSUITE SHOWER ROOM:
With white suite comprising w.c., wash hand basin, fully tiled walk in shower cubicle with electric shower fitting, extractor fan and half tiled walls.
BEDROOM (2): 13' 11" X 13' 10" (4.24m X 4.22m)
BEDROOM (3): 8' 9" X 8' 7" (2.67m X 2.62m)
With built in storage cupboard.
With white suite comprising w.c., wash hand basin, bath with half tiled walls, fully tiled walk in shower cubicle with electric shower fitting and extractor fan.
Outside to rear there is a fenced enclosed garden laid in lawn and flagged patio area.
Outside to front there is a paved private parking area.
* 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. Take your first left within the development and No 71 will be situated on your right 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.