Murrell's Vale

REF: PW-191
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Property Details
Property Type
1 Astwood Road, Paget
$78,000.00, $18,000.00
Assessment Number
070623015, 070623112
Land Tax
$7,466.00, $300.00
Property Amenities
Lot Size
0.68 acres
  • Guest Cottage
  • Swimming Pool
  • Detached Garage or Workshop
Location: 1 Astwood Road, Paget, Bermuda

We are proud to offer for sale this utterly charming, historic Bermuda home located within 5 minutes of Hamilton in the heart of Paget!

Lovingly renovated by the present owners, "Murrell's Vale" was recognized with an award from the Bermuda National Trust and remains in excellent condition. With beautifully planted, mature grounds boasting Bermuda cedar trees, coconut palms and lush foliage spanning a total of 0.68 acres, this property is a haven for a family with children and features a beautiful, enclosed pool, detached delightful guest cottage and a detached garage or workshop. The entire property is enclosed by fencing well concealed within the tall thick hedges which afford maximum privacy.

The two storey main house has a picturesque welcoming arms staircase leading to a deep covered verandah on the upper level. The family entrance brings you into the well-appointed kitchen with adjacent full bathroom and laundry room; beautiful Bermuda cedar exposed beams grace the dining room, den and living room. A Bermuda cedar staircase leads up to a large landing, master bedroom with bathroom en suite, two guest bedrooms and a guest bathroom. The deep covered upper verandah can be accessed from the second floor hallway and is a perfect spot to sling a hammock and create a comfortable seating area. Off the kitchen is a picturesque outdoor entertaining area with pergola.

The cottage is a large studio with separate kitchen and bathroom, laundry closet, fireplace and exposed Bermuda cedar beamed ceiling. With a separate assessment number, this provides the opportunity for live-in accomodation, guest accomodation or as an income producing rental unit.

In addition to the two fresh water tanks totalling about 20,000 gallons, there is a well on the property and Watlington Water supply. The many fine features include solid wood floors throughout, split air conditioning systems, and a pet friendly property. This warm and inviting home is an excellent buy and is available to Bermudian and PRC Purchasers. Currently rented until June 30, 2021 and achieving an excellent income, the current tenants would be very interested in renewing for a further two year term making this a 'must see' for the savvy investor.

Extremely competitively priced to sell: $1,675,000.00 gross

NB: This property is currently in two lots, one measuring 0.20 acres and the other 0.48 acres. Also, there are two assessment numbers. Therefore if a committed purchaser is a PRC, the sale will have to be contingent upon the Vendor submitting an application to the Department of Planning to have the two lots merged and also to have the premises re-assessed under one assessment number.

Please call today for an appointment to view.
Guest Cottage
Swimming Pool
Detached Garage or Workshop
Private Mature Garden
Deep Verandahs
Solid Wood Floors
Split System A/C
Watlington Water
Pet Friendly

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Listing Agent

Sue Lusher

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