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For Sale

Added 4 Days Ago

4 Millstone Grove, Portstewart, BT55

Offers Over

£235,000

Typical Mortgage

per month

5 Beds

1 Reception

Mid Terrace

OFCH Heating

Contact Agent

Armstrong Gordon & Co.

Description & Features

A
wonderful opportunity to acquire a 5 bedroom mid terrace town house situated off
Lissadell Avenue. Constructed
circa 2004 by well known and renowned builders O’Kane & Devine Ltd, the
property is in excellent condition throughout and offers both bright and
spacious living accommodation. Located in a very popular student rental area the
property is let to 4 students from September 2024 deriving a rental income of £1370.00 pcm
approximately plus wifi amounts. The property also has the potential to derive a
rental income of £1050.00 per week over July and August and increasingly June
and September. 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
Rental In Place For Four Tenants for £1370.00 Per Month plus £40 For TV & Wifi Per Month
Currently Licensed On An HMO & Must Be Sold Initially As An HMO Property (All Certificates In Place)
Potential For Higher Rental Income Should You Rent Out The Fifth Bedroom
Awarded Four Stars As A Self Catering Establishment
Sun In Rear Garden Until Sunset (Southerly Facing)
Excellent Decorative Order
Electric Car Charger Available By Separate Negotiation
New Grant Boiler Installed Since EPC Last Accessed

Room Measurements

ENTRANCE HALL:: With tiled floor.
SEPARATE WC:: With wash hand basin with tiled splashback, extractor fan and tiled floor.
LOUNGE: 4.7m x 3.48m (15' 5" x 11' 5"): With pine surround fireplace with cast iron inset and tiled hearth and laminate wood floor.
KITCHEN/DINING AREA: 5.61m x 3.38m (18' 5" x 11' 1"): With single drainer stainless steel sink unit, high and low level built in units with tiling between, integrated fridge freezer, ceramic hob, stainless steel oven, plumbed for automatic washing machine and dishwasher, space for tumble dryer, tiled floor and sliding patio doors leading to rear garden.
LANDING:: With hot press.
BEDROOM (1): 3.71m x 3.51m (12' 2" x 11' 6"): With PVC French doors leading to Juliette balcony.
ENSUITE SHOWER ROOM:: Ensuite off with w.c., wash hand basin with tiled splashback with storage below, fully tiled walk in shower cubicle with electric shower, heated towel rail and tiled floor.
BEDROOM (2): 3.23m x 2.79m (10' 7" x 9' 2")
BATHROOM:: With white suite comprising w.c., wash hand basin with illuminated mirror above and storage below, fully tiled walk in shower cubicle with electric shower, feature free standing bath, heated towel rail, shaver point, extractor fan and tiled floor.
LANDING:: With access to roof space.
BEDROOM (3): 3.78m x 2.01m (12' 5" x 6' 7"): With dormer window.
BEDROOM (4): 2.95m x 2.51m (9' 8" x 8' 3"): With 'Velux' window.
BEDROOM (5): 2.92m x 2.31m (9' 7" x 7' 7"): With ‘Velux’ window.
: Paviour parking to front. Garden to rear is laid in lawn and fully enclosed Tobermore paved patio area.
: Please note that all purchasers will become Shareholders in a Management Company formed to maintain communal areas etc. Details of the annual Service Charge and full management services are available on request. Current service charge is £243.00 per annum. (25.06.24)