Description
Accommodation
Features
Directions
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Beds | 30 beds |
Price | Sold |
Property Type | |
Size | meters2 |
Energy Rating | BER- |
Refreshed on | |
Eircode | D07 DX50 |
Description
A magnificent Pre '63 Portfolio of 3 substantial investments consisting of a total of 30 apartments and located in this established rental location, close to Mater Hospital, Grangegorman DIT campus and Phibsboro village. Currently producing a monthly rent roll of €40,550 on the basis of a single tenancy, there exists further significant upside potential following the completion of some modest refurbishment. Impressive in their quality and style, all three properties retain practically all of their charming Period features in good condition - and accordingly presents a unique opportunity to those seeking to complete a classic refurbishment. All three investments offer generous front and rear gardens - the rear garden of No. 258 extending to c. 25 metres in length and enjoying vehicular access from a rear laneway.
Accommodation
258 & 260 North Circular Road Each of these houses extend to c. 239 sq. m ( gross internal),are interconnected internally and accommodate a total of 20 apartments ( 18 x Studio & 2 X 1 Beds). No. 258 offers a full length rear garden ( c. 25 metres ) and has vehicular access from a rear laneway. No. 260 is an end of terrace house - its front garden forming the side boundary with Rathdown Road . 97 North Circular Road This is a most substantial house of c. 293 sq. m ( gross internal area) accommodating a further 10 studio apartments and retaining similar Period detail throughout. Front garden extends to c. 11.3 metres in length whilst the rear extends to c. 22 metres. Portfolio is available for purchase in one on more lots as follows- Lot 1: 258 & 260 North Circular Road - Asking Price €2,000,000 Lot 2: 97 North Circular Road - Asking Price €750,000 Lot 3: The Entire - Asking Price €2,750,000
Features
Easily managed Pre '63 Portfolio. Excellent rental income and with further upside potential. Quality Period style houses Further potential to extend ( subject to p.p.)
Directions
258 & 260 North Circular Road are adjoining houses located on corner of North Circular Road and Rathdown Road. No. 97 North Circular Road is located closer to Phoenix Park end of the street and close to its intersection with Marlborough Road.
Date created: Nov 6, 2017