First class, centrally located residential investment opportunity
Centrally located in the heart of the town of Letterkenny three spacious 2 bedroom apartments all in good condition and measuring some 80 sq metres each. This is a highly desirable block of apartments with a monthly rental value of c. €560 each and therefore an attractive investment yield. Your early appointment to view these properties is strongly recommended. Offers over €180,000. Closing date for offers 12.00 on Thursday 26th October 2017 (unless previously sold).
Apartment 2 is currently let for €476 per month (€110 per week) – lease due for renewal June 2018 but notice can be given prior to this if necessary.
BERs Apartment 1 – E1, Apartment 2 – D2, Apartment 3 – E2
The accommodation is arranged as follows;
Apartment 1;
The accommodation is arranged as follows;
Front door to;
Entrance Hall; Door to storage cupboard, laminate oak floor, door to;
Open Plan Living Room/Kitchen; 8.22m x 3.60m double aspect Kitchen Area; Comprehensive range of wall & base units, worktop with tiled splashback, stainless steel sink unit, washing machine, electric cooker extractor canopy over, fridge/freezer, laminate flooring. Living Area; Laminate oak floor to living area, cornice to ceiling, entryphone
Bedroom 1; 3.16m x 2.73m range of double fitted wardrobes, fitted carpet, curtains
Bedroom 2; 3.05m x 2.90m range of double fitted wardrobes, fitted carpet, curtains
Bathroom; Fully tiled walls, tiled floor, white 2 piece suite, shower cubicle, wall mounted extractor fan
Apartment 2;
Front door to;
Entrance Hall; Loft access, carpet flooring, door to;
Open Plan Living Room/Kitchen; 8.22m x 3.60m double aspect Kitchen Area; Comprehensive range of wall & base units, worktop with tiled splashback, stainless steel sink unit, washing machine, electric cooker with extractor canopy over, fridge/freezer, laminate flooring. Living Area; Carpet flooring, cornice to ceiling, entryphone
Bedroom 1; 3.16m x 2.73m fitted carpet, curtains
Bedroom 2; 3.05m x 2.90m fitted carpet, curtains
Bathroom; Fully tiled walls, tiled floor, white 2 piece suite, shower cubicle, wall mounted extractor fan
Apartment 3;
Front door to;
Entrance Hall; Loft access, carpet flooring, door to;
Open Plan Living Room/Kitchen; 8.22m x 3.60m double aspect Kitchen Area; Comprehensive range of wall & base units, worktop with tiled splashback, stainless steel sink unit, washing machine, electric cooker with extractor canopy over, fridge/freezer, laminate flooring. Living Area; Carpet flooring, cornice to ceiling, entryphone
Bedroom 1; 3.16m x 2.73m fitted carpet, curtains
Bedroom 2; 3.05m x 2.90m fitted carpet, curtains
Bathroom; Fully tiled walls, tiled floor, white 2 piece suite, shower cubicle, wall mounted extractor fan
- Leasehold – unexpired term 982 years
- Management charge €830 p.a. (reduced to €505 p.a. if paid within 1 month of the renewal date)
- Night storage heating
- Pvc double glazing
- Sale to include furniture & fittings
- Improving area – capital appreciation potential
- Close to the town centre & all amenities
Proceeding down Lower Main Street towards Dunnes Stores turn right into Burnside Park and the block of apartments is the first on the left as you enter the development.
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.
