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  7. Lower Drumcondra Road , Drumcondra, Dublin 3
€599,000
Refreshed on: 13/03/2018

Lower Drumcondra Road , Drumcondra, Dublin 3

4 beds 4 bath


Description

Richmond Real Estate are pleased to present 4 x 1 bed Apartments new to the market. The units are located in a purpose built Development and are to be sold as one lot. It is a superb opportunity for investors.

Accommodation

There are currently 4 x 1 Bed Apartments to be sold as on lot within this purpose built Development. All Apartments have their on Title and can be sold separately by the new owner.

Rental demand in this locality is very strong and there will be interest from the Investment market. Potential Landlords will be looking for a good long-term Investment combined with the option to purchase further units within the Development in the near future or offload units to increase their Yield.

All one bedroom Apartments are self contained, which comprise of a large double bedroom, living/Dining room, and fully fitted kitchen and family bathroom.

Each unit is Approx 32sqmeteres

Potential Income €69600 per Annum

Gross Yield 11.6%


The convenience of this location cannot be overstated. Situated juston Lower Drumcondra Road, there is a vast selection of amenities right on the doorstep. Numerous eateries, shops, bars, hotels, schools and colleges are only a stroll away. For the sports enthusiast, Croke Park, Clontarf Golf Club, Sports link, Morton Stadium, Clontarf Rugby & Cricket clubs are all only a short distance away. The City Centre is within walking distance and commuters a very well catered for in the area with several bus routes, Aircoach and Drumcondra train Station serving the locale in addition to close proximity to the M1 & M50. All this, as well as being conveniently located in the catchment area for some of the city's most prestigious educational institutions makes No.

Features

4 X 1 Bedroom Apartments to be sold individually
Potential Income €69,600
Excellent condition throughout
Can be sold individually by new owner
Opportunity to purchase further units in the same Development

Richmonds Real Estate

16 Orwell Road, Rathgar, Dublin 6

Tel: +353 1 9633333

PSRA Licence No.  003888

Graham Buckley Tel: 9633333 Managing Director

Affordability

Stamp Duty: €5,990.00
Total Amount: €604,990.00


€599,000
€599,000
BESbswy