4 Millstone Grove, Portstewart, BT55
£235,000
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)
Ground Floor
First Floor
Second Floor
Outside
Management Company
Housing Tenure
Type of Tenure
Leasehold
Ground Rent
£0.00
A review period for ground rent has not been provided
Service Charge
£0.00
A review period for service has not been provided
Length of Lease
Not Provided
Costs to Consider
Rates
£1,470.60 per annum
Stamp Duty
£0*
Ground Rent
Not Provided
Service Charge
Not Provided
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