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  6. Block 2, Summerland House Apartments, Lower Yellow Road,, Waterford City, Waterford

Sale Agreed

Refreshed on:31/08/2016

Block 2, Summerland House Apartments, Lower Yellow Road,, Waterford City, Waterford

Investment


Description

Description of Apartment Complex: There are a total of 11 apartments, built in one building but in the style of two apartment blocks with independent entrances to each block. Block 1 is fronting onto Morrison's Road and Block 2 fronts onto The Upper Yellow Road, across from The Marian. The apartment complex is 3 storeys high; there are apartments on all floors. The ground floor is used as an entrance hall where there are post boxes for each of the apartments and access to the stairs. 10 of the apartments are 2 bedroom residences and the remaining apartment is a 3 bedroom residence. There is on site car parking on the Morrison's Road side of the building accessed through electric gates.. Block 1: Apt No's 3, 4, 7, 8, 9 & 11. Block 2: Apt No's 1, 2, 5, 6, & 10. Investment Potential: Presently there is a 100% occupancy rate in Summerland House. The rental income per annum amounts to approximately €36,000 per annum for Block 2.. Description of Individual Apartments: The apartments consist of an entrance hall, spacious kitchen/ living area, 2 bedrooms and main bathroom. The building is approximately 10 years old. The 2 bedroom apartments measure approximately 520 sq ft (equating to approximately 48.3 m²) each.. The apartment has a fully fitted kitchen, is fully furnished and is in good condition. The interior of the apartment has modern decor. Location: The property is located on the corner of the major junction between Morrison's Road and The Upper Yellow Road, which is a located in Waterford City. This is a prime residential area in Waterford City that is situated approximately 0.95 km from Waterford City's prime retail district, and it is situated in Waterford's central business district. All city centre amenities are located close proximity and the ...

Guiry Auctioneers

23/24 Merchants Quay, Waterford City, Co. Waterford,

Tel: 051 877 575

PSRA Licence No.  003618

negotiator Michael Guiry

Negotiator

Michael Guiry Tel: 051 877575

Affordability

Stamp Duty: €3,600.00
Total Amount: €363,600.00




Sale Agreed
Sale Agreed
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Map DataMap data ©2017 Google
Map data ©2017 Google
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