Main Street , Mountrath, Laois

€375,000 Energy Rating R32V44W 293 m2


Clement Herron Real Estate is delighted to present this superb investment property to the market, boasting recent renovations. This property offers a unique blend of commercial and residential spaces, brimming with potential for investors. The property features a small office space at the front, an old butcher shop primed for renovation, and four apartments - three 2-bedrooms and one 1-bedroom - currently in the first fixing stage for electrical and plumbing. These units have been thoughtfully drylined and newly insulated, enhanced by beautiful new sash windows that complement the property's charm. Situated on the main street, the property gains an advantageous visibility and potential footfall traffic, which can significantly benefit the small office space. Moreover, its central location adds to its allure for potential renters or apartment buyers. The commercial space holds versatility, suitable for various purposes like a retail store, service business, or even conversion into another apartment. Consider the demand for such spaces in the area and how adaptable the space is for diverse businesses. Notably, no grants have been applied to this property, providing new owners with the chance to leverage this aspect. Furthermore, the commercial units at the front offer potential for residential conversion, considering their disuse for over two years. The extensive back area features a stone surface and offers a myriad of potential uses. It is suitable for residential development, parking, a communal outdoor space for tenants, or even creative uses like glamping, given its prime location in the town center. This property holds immense potential for generating rental income and capital appreciation. The rising popularity of Mountrath as a residential destination, combined with its strategic location on the main street, ensures a steady influx of potential tenants and buyers. Seize this exceptional opportunity to own a piece of Mountrath's vibrant main street. Contact us today to arrange a viewing and explore the immense potential that this investment property holds. Please note: this property will be offered by online auction (unless sold prior). For auction date and time please visit Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.


First floor Office one: 6.08m x 2.19m W.C: .09m x 2.26m Office two: 5.77m x 6.36 Office three: 3.37 x 2.20 Entrance hall: 2.70m x 6.30 First floor Apartment one Kitchen/diner: 5.03 x 3.56m bedroom 1: 414m x 4.60m En-suite: 1.82m x 1.54m Apartment two Entrance hall: 5.17m x 1.17m Kitchen/diner: 4.75m x 3.64m Bedroom 1: 4.19m x 2.86m Bedroom2: 2.89m x 3.36m W,C: 2.44m x 1.97m Apartment Three Entrance hall: 3.56m x 1.59m Kitchen/diner: 4.31m x 4.84m Bedroom 1 3.61m x 4.49m Bedroom 2: 3.40m x 2.35m W.C: 2.28m x 1.64m Utility: 2.23m x 1.52m Second floor Entrance hall: 1.96m x 2.18m & 5.62m x 1.59m Kitchen/diner: 4.29m x 5.07m Bedroom 1: 3.70m x 4.42m Bedroom 2: 2.29m x 3.48m W.C: 2.33m x1.70m


Superb location close to all amenities Mixed use potential Renovation opportunity Large outdoor space Investment potential Three 2 beds and one 1 bed Apartments Electrical and pluming first fixing Drylined and new insulation Is eligible for grants New sash windows

BER Details

BER: Exempt


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Price Changes in Mountrath
Property Price Register in Mountrath
-€5,000 (-1.85%)
€270,000 €265,000
21st Dec 23
-€25,000 (-6.25%)
€400,000 €375,000
12th Sep 23
€5,000 (1.56%)
€320,000 €325,000
31st Jul 23
€21,000 (8.43%)
€249,000 €270,000
19th Jul 23
€20,000 (6.06%)
€330,000 €350,000
8th Jun 23
€5,000 (1.59%)
€315,000 €320,000
18th Mar 23
View All Price Changes
Price Changes In Mountrath
Property Price Register
Clement Herron Real Estate
Clement Herron Real Estate
Tel: 057 8...
PSRA Licence No. 002520

Date created: Aug 10, 2023

Clement Herron Real Estate
Clement Herron Real Estate
PSRA Licence No. 002520
Call Agent: 057 8...