Burnside Park, Letterkenny, Donegal

POA

Beds	2 beds
Price	POA
Property Type
Size	60 meters²
Energy Rating	BER-D2
Refreshed on
Eircode	F92 R582

Description

Property Partners Paul Reynolds are delighted to bring to the market this excellent investment opportunity. We are offering for sale 9 no. two bedroom apartments within the centrally located Burnside complex at Lower Main Street, Letterkenny. All apartments are currently leased on a 20 year lease Which commenced in 2019 Offering a yield of in excess of 5% Tenant is an Approved Housing Agency.

Accommodation

General Accommodation • Hallway 3.0m x 1.3m • Open Plan Kitchen/Dining/Living Area 8.25m x 3.5m . • Bedroom 1 3.5m x 3.0m • Bedroom 2 3.0m x 2.6m • Shower Room

Features

• 9 No. two bedroom apartments • Central location on Lower Main Street, Letterkenny • Constructed 1997 • Electric storage heating • Currently leased on a 20 year lease – due to cease 2039 • 3 yearly reviews – last review seen 9.38% rent increase • Annual service charge – 900.00 per apartment • Tenant is an Approved Housing Agency

BER Details

BER: D2

Description

Accommodation

General Accommodation • Hallway 3.0m x 1.3m • Open Plan Kitchen/Dining/Living Area 8.25m x 3.5m . • Bedroom 1 3.5m x 3.0m • Bedroom 2 3.0m x 2.6m • Shower Room