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5 Old Mill Grange, Portstewart, BT55 7GD

Offers Over £134,500
  • status Sale
  • bedrooms 5 Bedrooms
  • receptions 1 Reception
  • style Semi-Detached
  • Price Offers Over £134,500
  • Style Semi-Detached
  • Bedrooms 5
  • Receptions 1
  • Heating OFCH
  • EPC Rating D67 / C71 - Download
  • Status Sale
Armstrong Gordon Office: 028 7083 2000

Description

A great opportunity to acquire a 5 bedroom semi-detached house situated in Old Mill Grange. Constructed by well known builders O'Kane & Devine Ltd, the property is in good condition throughout and offers both bright and spacious living accommodation. Located in a very popular student rental area, the property is currently leased to 5 students until May 2020 deriving a gross rental income of £1,027 per month (approx). During the summer months of July and August the property has benefited from good weekly summer rentals. 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
  • Leased To 5 Students Until May 2020
  • Property Located At Beginning Of Development

Room Details

  • ENTRANCE HALL:

    With tiled floor.
  • SEPARATE WC:

    With wash hand basin and extractor fan.
  • LOUNGE: 18' 2" X 11' 5" (5.54m X 3.48m)

    With wood surround fireplace with cast iron inset, slate hearth and laminate wood floor.
  • KITCHEN: 19' 2" X 9' 10" (5.84m X 3.00m)

    With stainless steel sink unit, high and low level built in units with tiling between, stainless steel oven with ceramic hob and stainless steel extractor fan above, space for fridge freezer, tiled floor and patio doors leading to rear.
  • UTILITY ROOM:

    With low level built in units, stainless steel sink unit with tiled splashback, washing machine and tiled floor.
  • LANDING:

    With hot press and immersion heater.
  • BEDROOM (1): 14' 6" X 11' 6" (4.42m X 3.51m)

    With wood floor.
  • ENSUITE BATHROOM:

    Ensuite off with w.c, wash hand basin with tiled splashback, fully tiled walk in shower cubicle, extractor fan and wood floor.
  • BEDROOM (2): 12' 3" X 9' 10" (3.73m X 3.00m)

    With wood floor.
  • BATHROOM:

    With white suite comprising w.c, wash hand basin with tiled splashback, fully tiled walk in shower cubicle, bath with tiling above, extractor fan and wood floor.
  • LANDING:

  • BEDROOM (3): 14' 5" X 9' 9" (4.39m X 2.97m)

  • SHOWER ROOM:

    With white suite comprising w.c, wash hand basin, walk in shower cubicle with tiled walls, extractor fan and wood floor.
  • BEDROOM (4): 9' 6" X 9' 9" (2.90m X 2.97m)

    With wood floor.
  • BEDROOM (5): 10' 10" X 9' 3" (3.30m X 2.82m)

    With wood floor.
  • With paved parking area to side, gravel area with small patio area to rear and gravel area to front.
  • Please note that new HMO Regulations have come into force on 1st April 2019. We strongly recommend that all purchasers seek legal clarification of these new regulations if it is your intention to rent this property out as an HMO.
  • Please be aware that the new vendor(s) will be responsible for the letting agents fee from the day of completion to the end of the current lease. The current letting agent is LPG, Portstewart.

Location

* Click boxes to display surrounding locations

Directions

Approaching Portstewart on the Coleraine Road take your third left onto Mill Road. Take your fourth right at Portstewart Medical Centre into Lissadell Avenue and fourth right again into Old Mill Grange. Number 5 will be situated on your left hand side.

Mortgage Calculator

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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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