Property Description

A Prime Multi Unit Residential Investment Opportunity Comprising Seven Apartments
“Tenants not affected”

Kinsella Estates Carnew are delighted to offer this prime multi-unit Investment opportunity “Stags Head”, at Main Street Carnew to the market. This apartment block which was constructed in 1900’s, was refurbished internally to a high standard of specification in 2019

Conveniently on Carnew's main street and its excellent range of amenities, including schools, shops, cafés and sporting facilities, the property also enjoys the benefit of being less than a five-minute drive from the renowned Coollattin Golf Club.


INVESTMENT AT A GLANCE
• Seven self-contained residential apartments
• Seven × one-bedroom apartments
• Four ground-floor apartments
• Three first-floor apartments
• All seven units currently producing rental income
• Current combined rent: circa €6,000 per month
• Current combined rental income: approximately €72,000 per annum
• Prominent Main Street location
• Established residential investment
• Individual Eircodes and BER ratings
• Electric heating
• Mains water
• Mains sewerage
• Excellent access to Carnew's shops, services and amenities
• Tenants not affected by the sale

The apartments size ranges from circa 241 sq.ft to 421sq.ft.

Apartment Beds Floor Area (sqft)
1 1 Ground 318
2 2 First 407
3 1 First 241
4 2 First 320
5 1 Ground 374
6 1 Ground 273
7 1 Ground 421

This property represents a strong investment opportunity given the high rental demand in the area.

For Further details apply Kinsella Estates and the auctioneer highly recommends viewing of same.

BER: C, 119686145
Apartment Block Size: (2,354 sq ft) 219.3sq mt
Eircode: Y14 V320– Y14 V403
Current Rent per annum circa: €72,432 per annum

Services:
• Electric Heating
• Mains Sewerage
• Mains Water


ACCOMMODATION

Apartment 1
Ground Floor: One Bedroom Apartment, extending to 29.51 sq.mt (318 sq. ft)
Eir Code: Y14 V320
BER: C 119686145
Rental Income per month: €900.00

Apartment 2
First Floor: 1 Bedroom Apartment, extending to 37.85 sq.mt (407 sq. ft)
Eir Code: Y14 KP68
BER: B 119686194
Rental Income per month: €906.00

Apartment 3
Ground Floor: 1 Bedroom Apartment, extending to 22.37 sq.mt (241 sq. ft)
Eir Code: Y14 PP71
BER: C 119686228
Rental Income per month: €700.00

Apartment 4
First Floor: 1 Bedroom Apartment, extending to 29.72 sq.mt (320 sq. ft)
Eir Code: Y14 AP08
BER: C 119689263
Rental Income per month: €950.00

Apartment 5
Ground Floor: 1 Bedroom Apartment, extending to 34.71 sq.mt (374 sq. ft)
Eir Code: Y14 PH66
BER: C 119689313
Rental Income per month: €900.00

Apartment 6
First Floor: 1 Bed Apartment, extending to 25.36 sq.mt (273 sq. ft)
Eir Code: Y14 X785
BER: C 119689347
Rental Income per month: €780.00

Apartment 7
Ground Floor own Door Access: 1 Bedroom Apartment, extending to 39.78 sq.mt (421 sq. ft)
Eir Code: Y14 V403
BER: D 119689396
Rental Income per month: €900.00

BER Details

BER No. 119686145

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: today, 10 hours ago