Key Features

Prime location In a sought after area
Close to all amenities of Castlerea town
Investment Opportunity
High rental yield

Property Description

New to the Market – Exceptional Investment Property
Main Street, Castlerea, Co. Roscommon
Prime 4-Unit Residential Block | Fully Let | 11% Yield | €43,200 Annual Income

Nigel Dineen Auctioneers are proud to bring to the market this outstanding investment opportunity in the heart of Castlerea town. This fully occupied, turnkey four-unit apartment block is generating a substantial gross annual income of €43,200, equating to a strong yield of 11% – a rare find in today's market.

Property Overview:

This two-storey building has been meticulously maintained and comprises:

Apartment 1 (Ground Floor): Spacious 1 Double Bedroom Unit | 68 sq.m

Apartment 2 (First Floor): Stylish 1 Double Bedroom Unit | 30 sq.m

Apartment 3 (First Floor): Bright 1 Double Bedroom Unit | 30 sq.m

Apartment 4 (Second Floor): Well-Proportioned 2 Double Bedroom Unit | 37.2 sq.m

All units are fully furnished and finished to a high standard, with excellent long-term tenants in place, ensuring immediate and steady rental income for the discerning investor.

Key Features:

Town centre location with high rental demand

Walking distance to train station, schools, shops, banks, and all amenities

Adjacent to the picturesque Demesne Park, ideal for recreation and leisure

Strong tenant base and fully compliant

Minimal management required – ready-made income-generating asset

This is an ideal investment for those seeking consistent returns and long-term capital growth in a strong rental market.

Viewing comes highly recommended and is strictly by prior appointment only.

Contact Sole Selling Agents:
Nigel Dineen Auctioneers, Roscommon

“Everything we touch turns to SOLD”
Call Nigel today on 086 2130723

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 3 days ago