Key Features

Property Features
Excellent investment opportunity
Existing 3 bedroom first floor apartment
Existing apartment currently rented
Planning permission granted for separate 2 bedroom ground floor apartment
Ground-floor apartment partially completed and currently at shell stage
Proposed 2 bedroom apartment with entrance hall, sitting room, separate kitchen/dining room, utility, bathroom and two bedrooms
Excellent potential to add value and create a second rental income
Substantial site extending to approximately 2,100 sq. m.
Ample private car parking

Property Description

REA Hynes are delighted to present 11 Kilcleagh Park, Castledaly, Co. Westmeath, to the market. Situated in the heart of Castledaly Village, this property presents an excellent opportunity for an investor seeking a property with existing rental income and significant potential to add further value.
Formerly the village shop with a residential apartment overhead, the property has been substantially redeveloped and currently comprises a 3 bedroom first floor apartment is currently rented, providing an immediate rental income, with the additional potential for a second rental income stream following completion of the ground floor apartment.
Planning permission has been granted for the conversion of the former shop premises into a separate residential apartment. Works have commenced on the ground floor accommodation, which is currently at shell stage, with concrete floors and walls in place. This provides an excellent opportunity for a purchaser to complete the accommodation and finish the apartment to their own requirements.
The proposed ground-floor apartment is designed to provide well proportioned accommodation comprising:
Entrance Hall
Sitting Room
Separate Kitchen/Dining Room
Utility Room
Bathroom
Two Bedrooms
The location is particularly attractive, being positioned in the centre of Castledaly Village, within easy reach of the local national school, church and village amenities. The property is also conveniently located just a short drive from both Moate and Athlone, providing access to a wide range of shops, services, employment opportunities and transport links.
This is a particularly appealing proposition for an investor looking for an income-producing property with the potential to create a second residential unit, or for someone seeking a project with clear scope to add value.

Early viewing is highly recommended to appreciate the location and potential this property has to offer.

For further information or to arrange a viewing, contact REA Hynes on 090 647 3838.



OutsideThe property occupies a substantial site extending to approximately 2,100 sq. m., providing excellent outside space and ample car parking facilities. The site is well enclosed by concrete boundary walls, with tarmac driveways and generous parking areas surrounding the property. A particularly attractive feature stone wall to the front of the property adds character and kerb appeal, while the extensive grounds provide excellent scope and flexibility for both residential and investment use.
DIRECTIONS:
Eircode: N37 K198
Located in the heart of Castledaly Village, the large towns of Moate (7km) and Athlone (13km) lie within easy reach, as does Motorway Access (8km) M6 - Dublin /Galway 1 Hour.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: yesterday morning