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See how verdicts work3-bedroom flat · BT55 7GS
Listing removedListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oil Fired Central Heating PVC Double Glazed Windows Parking Area To Front Excellent Decorative Order Throughout An excellent opportunity to acquire this spacious three bedroom ground and first floor duplex apartment, conveniently situated just off Lissadell Avenue.
Constructed circa 2003 by the highly regarded builders O’Kane & Devine, the property is well presented throughout and offers bright, generously proportioned accommodation arranged over two floors.
Enjoying a sought after location within this popular living environment, the property is ideally suited to a wide range of purchasers.
Whether acquired as a permanent home, holiday retreat or investment, it represents an excellent opportunity with strong rental income potential in this beautiful part of the North Coast.
GROUND FLOOR: Entrance Porch: 4’10 wide with tiled floor. Well presented, bright and functional entrance hall.
Lounge/Dining Area: 17'1" x 16'10" Bright open plan living and dining space with contemporary feel.
Feature timber staircase complemented by matching doors, skirting and laminate wood flooring. Excellent space for relaxing and dining. High ceiling above stairwell.
Feature arch window allowing good natural light. Kitchen: 16'11" x 8'9" Bright and practical space with warm and traditional feel.
With single drainer stainless steel sink unit, high and low level built in units with tiling between, integrated ceramic hob, stainless steel extractor fan above, integrated oven, tiled splashback, integrated fridge freezer, plumbed for automatic washing machine and dishwasher, glass display cabinets, saucepan drawers and large sliding PVC patio doors leading to rear garden providing natural light and making it ideal for outdoor dining.
Bedroom 2: 12'7" x 8'4" Bedroom 3: 13'9" x 8'0" Bathroom: With white suite comprising w.c., wash hand basin with tiled surround, fully tiled walk in shower cubicle with electric shower, bath with tiled surround, storage cupboard housing hot press, extractor fan and tiled floor.
FIRST FLOOR: Mezzanine Style Landing: Spacious landing with feature arch window utilising natural light. Bedroom 1: 12'10" x 8'9" With access to roof space.
Ensuite: Ensuite off with w.c., wash hand basin with tiled splashback, fully tiled walk in shower cubicle with electric shower, extractor fan and tiled floor.
EXTERIOR FEATURES: Paviour parking and light to front of property. Garden to rear is laid in lawn with paved patio area. Boiler and light to rear. Paved pathway and screened area to side.
MANAGEMENT COMPANY: Please note that all purchasers will become Shareholders in a Management Company formed to provide buildings insurance and maintain communal areas.
Details of the annual Service Charge and full management services are available on request. Current Service Charge is £1127.00 per annum. (17.07.26) No restrictions on lets and domestic pets.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 14 Millstone Grove, Portstewart, BT55 7GS
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