Investment Yield 9.39% - 8 Houses & 8 Duplexes At Sallygardens, Ballyjamesduff, Co. Cavan

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€2,000,000

Detached House
40 Bedrooms, 1 Bathroom, Detached House

Rating:

Contact Name: Patrick Folan

Agent: iamsold

PSR Licence Number: 002978

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Property Description

For sale by Martin Shortt Auctioneers via the iamsold Bidding Platform

Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

We are delighted to welcome to the market an excellent opportunity to acquire a large investment holding in a much sought after location and offering a 9% potential return.

These 16 properties are all large, well constructed properties that were built and rented by the current owners in 2006. The portfolio includes 8 x 3 bed townhouse (circa 113.82 m2) while the 8 x 2 bed duplexes are also large at circa 83.2 m2.

This residential portfolio offers an opportunity to get a good return from an easily managed investment. As the current owners own all properties, they also manage the 16 units without the need to employ an external management company.

There is significant demand for accommodation in the town of Ballyjamesduff due to some substantial employers in the area including Liffey Meats which has several hundred employees and is one of the highest rated companies in Ireland based on ranking website www.top1000.ie. Other large employers in Ballyjamesduff include Modern Homes Ireland (Modular Housing Provider) employing 117 people and Cavan Box which has been operating since 1983.

TO VIEW OR MAKE A BID Contact Martin Shortt Auctioneers or iamsold, www.iamsold.ie
Auctioneers Comments:
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Note:
These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction auction and bids made prior the auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 3 days ago


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To: Patrick Folan in iamsold
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Selling Agent

iamsold
16 Liosbaun Business Park Tuam Road, Galway.

Contact Name: Patrick Folan

PSR Licence Number: 002978

Show Number
This Detached House located at Investment Yield 9.39% - 8 Houses & 8 Duplexes At Sallygardens, Ballyjamesduff, Co. Cavan is currently for sale. This property was last updated by iamsold 3 days ago. Investment Yield 9.39% - 8 Houses & 8 Duplexes At Sallygardens, Ballyjamesduff, Co. Cavan is priced as: €2,000,000 and has 40 Bedrooms, 1 Bathroom. View all properties for sale in Ballyjamesduff, Co. Cavan. View properties for sale with 40 bedrooms in Ballyjamesduff, Co. Cavan.
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Investment Yield 9.39% - 8 Houses & 8 Duplexes at Sallygardens, Ballyjamesduff, Co. Cavan