95 Lower Main Street, Letterkenny

Excellent residential investment opportunity

Centrally located at the foot of Lower Main Street a prime investment opportunity with these 3 apartments currently let and providing a monthly income of €1,470. The properties are all offered for sale in good condition and are within easy walking distance of all the town’s amenities. Franklins have the 3 properties let and under management – details as below.

 

Apartment Details

2 x 2 bedroom apartments of c.70 sq metres each

1 x 1 bedroom apartment of c.45 sq metres

Apartments on 1st, 2nd & 3rd floors (1 bedroom apartment on the 3rd floor)

 

Expiration of Leases

Apartment 1 – Current tenancy agreement expires 08/03/2018

Apartment 2 – Current tenancy agreement expires 27/11/2017

Apartment 3 – Current tenancy agreement expires 16/11/2017

 

Energy Ratings

Apartment 1 – BER E1

Apartment 2 – BER C3

Apartment 3 – BER D2

 

No 95 is easily located at the bottom of Lower Main Street – the apartments are above Café Nation.

Letterkenny takes its name from the Irish Leitir Ceanainn meaning ‘Hillside of the O’Cannons’ – the O’Cannons being the last of the ancient chieftains of Tir Conaill. Letterkenny is the county’s principal town providing the necessary commercial, retail, social and economic facilities.

There is a large 8 screen cinema complex in the town plus the popular An Grianan Theatre. Behind the latter is the Letterkenny Regional Cultural Centre. The Letterkenny Shopping Centre is the largest centre in the county with leading multiple and individual retailers.

The main schools are Educate Together N.S., Scoil Mhuire Ghan Smal N.S., Ballyraine N.S., Woodlands N.S., Glenswilly N.S., Scoil Colmcille N.S., St. Eunans College, Loreto Convent, The Vocational School, Coláuste Ailigh and the Letterkenny Institute of Technology.

54.9466237,-7.7407545