DNG Advisory are pleased to bring to the market apartment 31 at Earls Court, Reuben Street, Dublin 8. DNG Advisory are guiding €215,000 for this residential investment which represents a gross yield of 5% based on the current rent with significant scope for rent increases through active management, however will sold with vacant possession. This two bedroom Eight floor apartment extends to c.70 sqm. The investment opportunity has an added bonus as it qualifies for significant section 23 tax relief. The section 23 tax relief allows a landlord to write off the entire qualifying cost of the individual apartments against all Irish rental income. It is anticipated that in most cases approximately 69% of the purchase price will qualify for this relief.
Comprising of two bedroom apartment ranging in size from 70 sq.m (753 sq ft). The sale of apartment will include one designated underground car parking space.
The apartments all feature energy efficient electric storage heating systems and most apartments come with balconies. Internally, the apartments come fully fitted and include high quality fitted kitchens and high quality fitted wardrobes in the bedrooms. All residents have access and use of the central garden.
BER: D1 BER No.101487437 Energy Performance Indicator:259.99 kWh/m²/yr
Earls Court is just about a five minute drive from Dublin city centre. Just drive south on Patrick Street, and take a right to bring you on to Dean Street. Keep in the left hand lane and you will then turn left at the filter light on to Cork Street. Continue driving up Cork Street and we are on the left hand side, at the end of Cork Street, which then leads into D ...