Burnside Apartments,, Letterkenny, Donegal

Burnside Apartments,, Letterkenny, Donegal

POA

F92 EK11 60 m²

Burnside Apartments,, Letterkenny, Donegal

POA

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Beds
Price	POA
Property Type	Investment Property
Size	60 meters²
Energy Rating	BER-D2
Refreshed on
Eircode	F92 EK11
Group Name	Sherry FitzGerald Paul Reynolds
Sales License Number	001168

Description

Property Partners Paul Reynolds are delighted to bring to the market this excellent investment opportunity. We are offering for sale 9 no. two bedroom apartments within the centrally located Burnside complex at Lower Main Street, Letterkenny. All apartments are currently leased on a 20 year lease Which commenced in 2019 Offering a yield of in excess of 5% Tenant is an Approved Housing Agency.

Accommodation

General Accommodation • Hallway 3.0m x 1.3m • Open Plan Kitchen/Dining/Living Area 8.25m x 3.5m . • Bedroom 1 3.5m x 3.0m • Bedroom 2 3.0m x 2.6m • Shower Room

Features

• 9 No. two bedroom apartments • Central location on Lower Main Street, Letterkenny • Constructed 1997 • Electric storage heating • Currently leased on a 20 year lease – due to cease 2039 • 3 yearly reviews – last review seen 9.38% rent increase • Annual service charge – 900.00 per apartment • Tenant is an Approved Housing Agency

BER Details

BER: D2

Directions

Located on Lower Main Street, Letterkenny

Description

Property Partners Paul Reynolds are delighted to bring to the market this excellent investment opportunity. We are offering for sale 9 no. two bedroom apartments within the centrally located Burnside complex at Lower Main Street, Letterkenny. All apartments are currently leased on a 20 year lease Which commenced in 2019 Offering a yield of in excess of 5% Tenant is an Approved Housing Agency.

Accommodation

General Accommodation • Hallway 3.0m x 1.3m • Open Plan Kitchen/Dining/Living Area 8.25m x 3.5m . • Bedroom 1 3.5m x 3.0m • Bedroom 2 3.0m x 2.6m • Shower Room

Features

• 9 No. two bedroom apartments • Central location on Lower Main Street, Letterkenny • Constructed 1997 • Electric storage heating • Currently leased on a 20 year lease – due to cease 2039 • 3 yearly reviews – last review seen 9.38% rent increase • Annual service charge – 900.00 per apartment • Tenant is an Approved Housing Agency

BER Details

BER: D2

Directions

Located on Lower Main Street, Letterkenny

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Map

Property Services

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Sherry FitzGerald Paul Reynolds

Tel: 074 9...

PSRA Licence No. 001168

Date created: Mar 23, 2023