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IrelandWexfordNew Ross5 Mary Street, New Ross, Wexford

€250,000
-€45,000.00 2nd Oct 19

5 Mary Street, New Ross, Wexford

445m 2Energy RatingInvestment Property Refreshed on Oct 4, 2019
Eircode: Y34WR60
#14 of 19 Properties Viewed in New Ross
REA McCormack Corish
REA McCormack Corish
Tel: 053 912 2577
PSRA Licence No. 003258
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Description

The property for sale comprises an easily managed and well maintained multi family investment property located in the town centre of New Ross, Co. Wexford. The property is currently laid out with a Bookmakers at ground floor level with three self contained apartments to the upper floors. The ground floor and two of the apartments are currently let meaning the is immediate potential to increase the rental income. The property is currently producing €25,900 per annum and which should increase to c. €33,700 once the vacant apartment is let. The property comes to the market in excellent condition throughout having been full refurbished in recent years. This is an excellent and easily managed investment located in a busy provincial town located close to all amenities.

Accommodation

Ground Floor: Bookmakers Office c. 143sqm. First Floor: 2/3 Bed Apartment c. 136.5sqm. Second Floor: 1 x 2 Bed Apartment c. 70sqm. Second & Third Floor: 1 X 1 Bed Apartment c. 69sqm.

Features

Easily managed multi family investment property. Immediate reversionary potential. Excellent condition. Town centre location. Initial Yield 8.7% Gross Reversionary Yield 11.4% Gross.

BER Details

BER: C2 - G
Price Changes in New Ross
Property Price Register in New Ross
Main image for 5 Mary Street, New Ross, Wexford
-€45,000(-15.25%)
€295,000€250,000
C2-G
Main image for Unit 2B Waterford Road Business Park, New Ross, Wexford
-€15,000(-9.68%)
€155,000€140,000
Main image for 23 South Street, New Ross, Wexford
-€15,000(-16.67%)
€90,000€75,000
E2
Main image for 6 John Street, New Ross, Wexford
-€10,000(-13.79%)
€72,500€62,500
D1
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