Cosy home with income earning unit
In the heart of Warwick there is a three-bedroom family home, with a spacious two-bedroom apartment on the lower level for sale at $580,000.
Sarah Faiella, who showed the house this week to The Royal Gazette for agents Coldwell Banker Bermuda Realty, explained its location in the midst of a cosy community, surrounded by family homes — along with its income earning potential — makes this an attractive first-time buy.
With two annual rental value (ARV) numbers, two parking spaces and zoned at residential 1, it is also a great investment purchase.
Although it is possible to move straight in, the Spring Hill home provides plenty of inspiration as a fixer-upper, with a big, bright open-plan kitchen, dining and living area in the main unit, along with three bedrooms — two measuring 10.1 by 11.11, and a third at 9.10 by 11.10 — all with good cupboards. The bathroom, which is generous for the size of the house, is another plus for 41 Spring Hill.
Hardwood floors are a nice feature of this unit, which also has a tiled kitchen, with a laundry closet and bathroom.
“People love that its open plan,” said the agent, noting a breakfast counter that overlooks the living and dining area. “There’s lots of light, and it has sliding glass doors leading to a front porch.”
The lower unit has a separate entrance, which provides both units with plenty of privacy. It has some charming features including and a nook for storage and some cedar shelving. The bedrooms are both similar in size to those in the upstairs unit. Hardwood floors run through the living areas, and the kitchen and bathroom floors are tiled.
Ms Faiella said that both units have other amenities. “There’s a small yard as well, and an outside storage shed.” she said.