Key Features

Pre`63 Investment Property In 9 Units
Excellent City Centre Location close to Hospitals and Colleges
Walking Distance to Drumcondra Train Station
BER Exempt - Listed Building
Electric and Gas (2 units) Heating throughout
ERV €134,600 pa
VP - March 2026 with 66% vacant at present
Asking Price €1,150,000
Viewing strictly by appointment with the sole selling agents

Property Description

GRIMES present this impressive listed Pre-63 investment property in the centre of Dublin 1 in a quiet residential area bursting with vibrancy. This mid terrace 9 unit property with brown brick frontage is laid out over basement ground and three upper floors with rear extension providing approx. 283.4 sq m. The property benefits from on street parking available and rear access from Belvedere Avenue.No 4 Lower Sherrard Street is laid out in 9 units 4 X studios, 2 X 1 Bed apartment and 3 X 2 bed apartments with electric and gas fired heating with each unit having its own metered electricity supply/MPRN.

Each unit has its own washing machine situated to the rear of property and there are two shared, coin operated dryers adjacent to them.The fire alarm system was upgraded approx. 2 years ago and service history available upon request. CCTV wired back to entrance hallway. Sash windows to both elevations replaced approx. 7 years ago with low maintenance PVC finish.

The property was previously let to a mix of private and HAP tenants with vacant possession on 6 of the 9 units at present. The previous rent was under rented at approx. €79,104 pa with the longest standing tenant in occupation since 1995. OMRV of €134,600pa applying €1000pm to the Studios, €1350pm to the 1 beds and €1500pm to the 2 bed apartments. Full Vacant Possession due in February 2026 and Statutory Declaration available upon request.

The landlord currently pays for common area electricity, refuse collection, insurance and a common area cleaner monthly. This amounts to approx. €4500 per annum.

All dimensions are given in good faith but would be purchasers should satisfy themselves accordingly.




Accommodation
Number 8 - 56 sqm / 605 sqft 2 bedroom basement.

Number 1 - 18 sqm / 198 sqft Studio ground floor.

Number 2 - 21 sqm / 224 sqft Studio ground floor.

Number 9 - 50 sqm / 543 sqft 2 bedroom ground floor extension.

Number 3 - 21 sqm / 224 sqft 1 bedroom first floor.

Number 4 - 22 sqm / 237 sqft Studio first floor.

Number 5 - 21 sqm / 226 sqft Studio second floor.

Number 6 - 22 sqm / 237 sqft 1 bedroom second floor.

Number 7 - 31 sqm / 334 sqft 2 bedroom attic.



Notice
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.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: today, 3 hours 47 minutes ago