Description
Accommodation
Features
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Beds | |
Price | Sale Agreed |
Property Type | Investment Property |
Size | 140 meters2 |
Energy Rating | BER-G |
Refreshed on | |
Eircode | |
Group Name | Owen Reilly |
Sales License Number | 002370 |
Description
A well maintained and managed, two storey over basement pre '63 investment property containing four flats (2 x 1 beds and 2 x 2 beds) offering a gross rental yield in excess of 10%. The location is very central on a quiet residential street close to the city centre and with a host of local amenities and transports routes on the doorstep, this property presents an interesting opportunity for both investors and owner occupiers alike looking to remodel a period property. No. 18 is currently comprised of four small flats: one at basement level, two at the hall level and one on the first floor. All four flats are presented in excellent decorative condition with their own heating systems, bathrooms, kitchens, Each property has uPVC double glazing and their own electricity metres. Each flat is currently let with further details available from the agent. There is a low maintenance garden to rear. This historic part of Dublin offers enormous potential and in our opinion is under-valued. Location Portland Street is a quiet residential street situated just off the North Circular Road and beside the Drumcondra Road. There are a host of amenities on the doorstep to include schools, churches, shops, banks, restaurants and cafes. This property is also within walking distance of Dublin City Centre, the Mater Hospital, the Bon Secours Hospital, Dublin City University and St Patrick's College ensuring strong rental demand.
Accommodation
Flat 1 - Basement Living Room/Kitchen 4.85m x 3.07m Open plan living room/kitchen featuring a range of fitted units with integrated appliances to include a fridge freezer, washer/dryer, oven, hob & hood. Tiled floor throughout. Bedroom 1 3.19m x 3m Double bedroom featuring built in wardrobes and a tiled floor. Bedroom 2 3.49m x 2m Single bedroom featuring built in wardrobes and a tiled floor. Bathroom 2.81m x 0.89m Fully tiled bathroom featuring a shower cubicle, WC & WHB. Flat 2 - Ground Floor Living Room/Kitchen 3.94m x 3.75m Open plan living room/kitchen featuring a range of fitted units with integrated appliances to include a fridge freezer, washer/dryer, oven, hob & hood. Laminate floor throughout. Bedroom 3.22m x 2.63m Double bedroom featuring built in wardrobes. Bathroom 2m x 1.27m Fully tiled bathroom featuring a shower cubicle, WC & WHB. Flat 3 - First Floor Living Room/Kitchen 3.83m x 3.6m Open plan living room/kitchen featuring a range of fitted units with integrated appliances to include a fridge freezer, washer/dryer, oven, hob & hood. Bedroom 1 3.71m x 2.84m Double bedroom featuring built in wardrobes and a laminate floor. Bedroom 2 3.15m x 2.77m Single bedroom featuring built in wardrobes and a tiled floor. Bathroom 2.02m x 1.68m Fully tiled bathroom featuring a shower cubicle, WC & WHB. Flat 4 - Ground Floor Living Room/Kitchen 4.63m x 2.44m Open plan living room/kitchen featuring a range of fitted units with integrated appliances to include a fridge freezer, washer/dryer, oven, hob & hood. Access to a west facing garden. Bedroom 3.22m x 2.35m Double bedroom featuring built in wardrobes. Bathroom 2.44m x 0.85m Fully tiled bathroom featuring a shower cubicle, WC & WHB.
Features
Rental yield in excess of 10% Four units in excellent condition Compliant with all regulations Long established rental location Double glazed windows throughout Each unit is separately metered for electricity West facing garden On street parking
Date created: Nov 30, 2015