4 Mount Vernon Terrace, St Lukes, Co. Cork

€250,000

Beds
Price	€250,000
Property Type	Investment Property
Size	meters²
Energy Rating	BER-F
Refreshed on	May 21, 2025
Eircode
Group Name	BidX1 Ireland Ltd
Sales License Number	001652

Description

A multi-unit residential investment opportunity. Mid terrace house comprising 7 x one bedroom units. Extending to approximately 66 sq. m (710 sq. ft.). Located within walking distance of all amenities in Cork City centre. 5 rooms occupied and generating a passing rent of 30,000 per annum. Gross Yield of 12% with vacant possession of 2 x units. The property comprises a two storey mid-terrace multi-unit residential building in the heart of Cork City centre. Internally, the property is arranged to provide 7 x self-contained studio rooms over ground, first floor level. The building also benefits from a garden to the front and a large garden to the rear. The property was originally in use as a single-family home and would be considered suitable for conversion. The property is situated on a highly regarded residential road, only a short walk from Cork City centre with a number of excellent shops, bars, restaurants and cafe's in close proximity. The property has a wide selection of Primary and Secondary schools in the near vicinity. The subject property is also situated 1km from Cork train station. Please refer to legal documents

Accommodation

BER Details

BER: F Available from BidX1. 502.6 kWh/m²/yr - 654.32 kWh/m²/yr

Lot Number

Negotiator

Ian McCarthy

Auction Location

Online - BidX1

Auction Time

2025-06-19 10:30

Description

Accommodation

BER Details

BER: F Available from BidX1. 502.6 kWh/m²/yr - 654.32 kWh/m²/yr

Lot Number

Negotiator

Ian McCarthy

Auction Location

Online - BidX1

Auction Time

2025-06-19 10:30