Apartment 36, Block 3, The Village, Ballinode, Co. Sligo, F91TF98
2 Bed · 2 Bath · Apartment
€145,500
Highlights
- Fully Managed Hands off Investment
- Full Management office on site
- Modern Purpose Built Student Accommodation
A two-bedroom ground-floor apartment featuring an open-plan kitchen, living and dining area, located in the popular student accommodation development of Clarion Village, adjacent to ATU Sligo. The development is a fully managed student accommodation scheme with ample parking throughout, making it an attractive option for investors seeking a hands-off property investment. * Management Fees and Running Costs Please note that, upon purchasing this property, you will become a member of the Owners’ Management Company and will be required to pay an annual service charge towards the maintenance and upkeep of the common areas. You may also be required to contribute to a sinking fund to provide for future major maintenance and repairs to the common areas. The annual service charge for this apartment for 2026 is €2,003.84. * Rental Income and Investment Yield We have been advised that the net rental income received for this apartment was €9,168.91 in 2025. Rental income for 2026 to date is €4,892.86, with the total rental income for the year expected to be approximately €7,500. Based on an indicative purchase price of €145,500 and the projected annual rental income of €7,500, the property offers an approximate annual rental yield of 5.15%. Clarion Village offers investors the opportunity to acquire a property within an established student accommodation development, conveniently located beside ATU Sligo.
BER Details
B E R C€145,500
2 Bed · 2 Bath · Apartment
Rory Conway
Ballincastle Property Services
Block 8 The Grove, Clarion Road, Sligo, F91 A2FP
PSR Licence No. \\\'001169
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