Description
BER Details
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Beds | |
Price | POA |
Property Type | Investment Property |
Size | 46.32 meters2 |
Energy Rating | BER-C2-E2 |
Refreshed on | Jun 18, 2025 |
Eircode | |
Group Name | Robt. B. Daly & Son Ltd. |
Sales License Number | 001890 |
Description
A Rare and excellent Opportunity to acquire a Block of high revenue producing apartments. A purpose built Apartment Block with concrete floors, avoiding costly management fees on each apartment. The entire block of 14 Apartments plus 2 basements and is being sold with existing tenants in situ. In good condition and fully occupied, this apartment block is a rare opportunity to purchase a block of apartments for good value, in one swoop. The property was built in approx. 1968 with concrete floors throughout. It has a side arch to a small enclosed yard with parking for 2 or 3 cars. Located a stone's throw from West Street, you are a walk from every amenity of Drogheda town. All apartments are occupied and the property is being sold with the tenants in situ and as is. All tenancies are registered with RTB. Breakdown of tenancy rents and periods are available to serious enquirers. Comprising: 12 x 1 bed studio type apartments. 1 x 1 bed Apartment. 1 x 2 bed Apartment. 1 x basement used for storage. 1x Basement vacant apartment. Accommodation As follows: Basement: No.15: Unoccupied for a number of years. No. 16: Unoccupied. Potential as apartment. Ground Floor: Apartment 1: 2 Bed - c.46.32 m2. BER = C3. Apartment 2: 1 Bed - c.23.71m2. BER = E2. 1st Floor Apartment 3: 1 Bed - c.24 m2. BER = D2 Apartment 4: 1 Bed - c.25 m2. BER = C2 Apartment 5: 1 Bed - c.24.46 m2. BER = C2 Apartment 6: 1 Bed - c.24.33 m2. BER = D1 2nd Floor Apartment 7: 1 Bed - c.25.62m2. BER = D1. Apartment 8: 1 Bed - c.26m2. BER = C2.. Apartment 9: 1 Bed - c.25.31 m2. BER = C2. Apartment 10: 1 Bed - c.24.36 m2. BER = D1. 3rd Floor Apartment 11: 1 Bed - c.25.37m2. BER = D2. Apartment 12: 1 Bed - c.26.09m2. BER =D1. Apartment 13: 1 Bed - c.25.57 m2. BER = D1. Apartment 14: 1 Bed - c.24.6 m2. BER = E1 Total Annual Income: €89,916 per annum as of may 2025 Outside: There is a electric Garage door to Arch to rear enclosed yard with space for parking 2 - 3 cars, and Bin area. Wash room: at the rear with 2 x Washers and 2 x Driers, with Coin Pay meters. There is easy access to the flat concrete roof which could be suitable for Solar Panels. Each apartment has its own Pay As You Go electricity supply. Water heating is by electric water heaters. Heating are via electric radiators. Intercoms to Front Door are working. External walls are insulated. Guide Price: €995,000 Annual Income Rent: €89,916 P/A (as of may 2025) NOTE: These particulars are given on the understanding that they will not be construed as part of a contract, conveyance or lease, and that all negotiations will take place through this firm. Whilst every care is taken in compiling the information, we give no guarantee as to the accuracy thereof and enquirers must satisfy themselves regarding the description and measurements.
BER Details
BER: C2 - E2
Viewing Details
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Date created: Jun 18, 2025