22 Apartments at Priory Quay, Priory Lane - 12.7% Yield , New Ross, Co. Wexford
Investment Property
€2,650,000
An Exceptional Residential Investment Opportunity 22 Apartments for Sale Priory Quay, Priory Lane, New Ross, Co. Wexford An outstanding opportunity to acquire a substantial residential investment portfolio comprising 22 apartments at Priory Quay, New Ross. Arranged across two blocks, the portfolio comprises 7 one-bedroom and 15 two-bedroom apartments, ranging in size from approximately 40 to 67 sq m. The development enjoys a highly accessible town-centre setting, within walking distance of shops, services, amenities and the scenic riverside boardwalk. Of particular interest to investors, 13 apartments are currently vacant, offering considerable flexibility to establish a new letting strategy, while the remaining nine occupied apartments provide an existing rental income stream. The scale of the offering, mix of apartment types and central location combine to create a compelling opportunity for investors seeking to establish or expand their residential property holdings in New Ross. Investment Highlights Portfolio of 22 self-contained apartments across two blocks. Mix of one and two-bedroom accommodation. 13 vacant apartments offering immediate letting potential. Nine occupied apartments providing an established rental income stream. Individual apartment sizes ranging from approximately 40 to 67 sq m. Estimated annual rental income at full occupancy: €335,400. Established residential development with residents' parking. Convenient access to New Ross town centre and local amenities. Additional Information Services: All mains services and electric heating. Management Fee: €1,441.85 per apartment annually. BER: E1 to C3. Viewing: Strictly by prior appointment.
BER Details
B E R C3€2,650,000
Investment Property
Philip Carton MIPAV
P N O'Gorman Auctioneers & Valuers
PSR Licence No. 002262
