DescriptionInvestment Property For Sale - 8 Apartments with sitting tenants.
Liberty Blue Estate Agents are delighted to bring this investment opportunity to the market. These 8 apartments generate an annual rental income of €72,756.00. ** Inclusive of rent reviews issued in 2021**
The apartments are currently rented and managed through Liberty Blue Estate Agents. They are offered for sale - subject to contract - with sitting tenants in place. Accommodation consists of Open plan kitchen / dining / living space Two bedrooms Bathroom Storage room with hot-press Shandon Court is a residential development within a short walk to the city center.
The development comprises of townhouses and apartments. All apartments are gas heated with double glazed PVC. In our experience there is generally a low turn over of tenants. There is a private communal car park for residents, and this has proved to be one of the reasons why tenants tend to stay on to renew. The development was constructed in c 2004 with pitch roofing. Within the common areas there are no elevators which in turn assists in keeping the running costs down.
The management company has carried out extensive work to the develop in recent year which included refurbishing the internal common areas, replacement of some fire detection systems. They also obtained planning and installed vehicular and pedestrian gates. These are accessed by mobile phone use. Annual Service Charge €1350 per apartment.
Please note the photos, floor plan and VR tour are from an apartment we previously sold in the development. Floor size is an estimate.
*** Liberty Blue Estate Agents and their servants or agents assume no responsibility for and give no guarantees, undertakings or warranties concerning the accuracy, completeness or up to date nature of the information and do not accept any liability whatsoever arising from any errors or omissions. The information does not constitute or form part of a contract and cannot be relied on as a representation of fact. Subject to contract / contract denied. Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate, and photographs provided for guidance only. ***
Gas Fired Central Heating
Double glazed PVC windows