24 North Main Street, Bandon, West Cork

€265,000 Energy Rating P72 RX01
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Description

Bowe Property present to the market a very interesting investment opportunity in the form of a pre-1963 multi-unit development which has the benefit of a section 5 planning exemption and fire cert approval on proposed renovations of the building with a configuration of a one two bedroom self-contained apartment a further three one bedroom apartments within the curtilage of the existing building and its footprint. The property is located near Bandon town centre and the market demand for the proposed renovated apartments is inordinate with the developer/investor able to set market rents in order to ensure future proofed attractive streams of income. It is this valuers opinion that the property would have a likely achievable total rent roll income of somewhere between €48,000 and €55,000 and with present demand for rental properties, occupancy levels would be near 100%. Whilst the property requires significant renovations, the property is in a very honest and open state ready for a thorough renovation in order to ensure the property is of an excellent standard going forward attracting strong tenancies. A canning investment development opportunity and indeed a very rare offering. Contact Bowe Property for further details. BER Rating: BER E2 BER No.105194351 Energy Performance Indicator: 366.94 kWh/m²/yr BER G BER No.105194344 Energy Performance Indicator: 478.86 kWh/m²/yr BER E2 BER No.105194328 Energy Performance Indicator: 362.67 kWh/m²/yr

BER Details

BER: E2 BER No.105194351 Energy Performance Indicator:366.94 kWh/m²/yr
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Price Changes in Bandon
€25,000 (7.69%)
€325,000 €350,000
17th Jul 23
EXEMPT
€21,000 (8.11%)
€259,000 €280,000
19th May 23
C2
-€21,000 (-7.50%)
€280,000 €259,000
19th May 23
C2
-€70,000 (-17.72%)
€395,000 €325,000
10th May 23
EXEMPT
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Price Changes In Bandon
Bowe Property Bandon
Bowe Property Bandon
Tel: 023 8...
PSRA Licence No. 003569

Date created: Mar 28, 2023

Bowe Property Bandon
Bowe Property Bandon
PSRA Licence No. 003569
Call Agent: 023 8...