opportunity to acquire a 3 bedroom first and second floor duplex apartment
situated just off Lissadell Avenue. Constructed circa 2003 by well known
builders O'Kane & Devine Ltd, the property is in good order throughout and
offers both bright and spacious living accommodation. A very good income
generator, the property will be let out to 3 students from September 2022 to May
2023 deriving a rental income of approximately £660 per month. The property has
also proved popular in previous years during the summer months of July and
August averaging £500 per week (approx).
Oil Fired Central Heating
PVC Double Glazed Windows
Good Rental Income
Parking Area To Front
Let To 3 Students From 1st September 2022 Generating A Rental Income Of £660.00 PCMThrough Lemontree Lettings
With tiled floor, hotpress, immersion heater and storage cupboard.
LOUNGE/DINING AREA: 22' 0" X 9' 10" (6.71m X 3.00m)
With laminate wood floor and patio door to balcony.
KITCHEN: 8' 10" X 7' 1" (2.69m X 2.16m)
With single drainer stainless steel sink unit, range
of high and low level units with tiling between,
integrated stainless steel oven, hob and extractor fan above, integrated fridge freezer, plumbed for
automatic washing machine, drawer bank and tiled floor. 8'10 x 7'1
BATHROOM & WC:
With w.c., wash hand basin and walk in shower cubicle.
With storage cupboard.
BEDROOM (1): 12' 3" X 8' 6" (3.73m X 2.59m)
ENSUITE SHOWER ROOM:
With w.c., wash hand basin with tiled splash back and fully tiled walk in shower cubicle.
BEDROOM (2): 12' 3" X 8' 0" (3.73m X 2.44m)
BEDROOM (3): 11' 1" X 8' 8" (3.38m X 2.64m)
Parking to front of property.
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 £568.00 per
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.
* Click boxes to display surrounding locations
Approaching Portstewart from Coleraine on the Coleraine Road, turn right after Tesco into the Agherton Road at Flowerfield Arts Centre. Take your third left onto Lissadell Avenue and then your nineth left into Millstone Avenue. Take your first right into Millstone Grove and No 12 will be the second last property 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.