27 KILLARNEY STREET (10 ENSUITE ROOMS), North City Centre, Dublin 1

€895,000

Beds	10 beds
Price	€895,000
Property Type	Investment
Size	179 meters²
Energy Rating	BER-
Refreshed on	Mar 14, 2025
Eircode	D01 K8H7
Group Name	KELLY BRADSHAW DALTON
Sales License Number	004564

Description

***10 BED INVESTMENT PROPERTY / ALL ENSUITES / NO RENTAL CAPS / EXCELLENT CONDITION / 12% YIELD / CENTRAL DUBLIN CITY CENTRE LOCATION / PERIOD RED BRICK PROPERTY*** KELLY BRADSHAW DALTON is delighted to present 27 Killarney Street, North City Centre, Dublin 1, D01 K8H7, a fantastic investment opportunity in a prime location in Dublin City Centre. This property has the potential to earn a substantial €112,800 per annum, offering a strong 12% yield for investors. A beautifully maintained period 3 storey red brick residence, the property has been thoughtfully reconfigured to provide 10 bedrooms all with their own ensuite. On entering, you are greeted by a spacious hallway leading to a bright double bedroom with ensuite and tiled flooring, followed by another well-appointed double ensuite bedroom. Further down the hall is a fully fitted kitchen leading to the low maintenance rear garden. To the rear of the kitchen is another double room with an ensuite. On the first return is another double bedroom with ensuite. Following this is a double bedroom ensuite on the first floor and two single bedrooms both with ensuites. The second return holds another double bedroom ensuite while the 2nd floor has the remaining double and two single bedrooms. 27 Killarney Street, Dublin 1 - Rental Income Plan Medium - Long Term Letting 10 Rooms As there were no previous tenancies in this property market rent is achievable with a proposed rent per room as follows: Room 1 – Double bedroom with ensuite €1,000 Room 2 – Double bedroom with ensuite €1,000 Room 3 – Double bedroom with ensuite €1,000 Room 4 – Double bedroom with ensuite €1,000 Room 5 – Double bedroom with ensuite €1,000 Room 6 – Single bedroom with ensuite €850 Room 7 – Single bedroom with ensuite €850 Room 8 – Double bedroom with ensuite €1,000 Room 9 – Single bedroom with ensuite €850 Room 10 – Single bedroom with ensuite €850 Total Potential per Month €9,400 and Total per Year €112,800 The proposed rental income will give you a YIELD of 12% (allowing for approx. €45,000 for running costs). The location of this property cannot be overstated. Killarney Street is most conveniently situated close to all the amenities the Dublin 1 area has to offer including schools, shops, hospitals, restaurants, cafes & bars, Dart, Bus and LUAS services. The 3 Arena, Irish Financial Services Centre, Docklands Development, National Convention Centre, East Point Business Park, Fairview Park, Clontarf Seafront and Westwood Gym are all within walking distance. This quiet and well-established neighbourhood is in the heart of Dublin City Centre making it ideal for both owner occupiers and investors alike. Agents Opinion: This is an ideal opportunity for first time buyers or people seeking a convenient city pad in the heart of Historical Georgian Dublin without the additional costs of apartment management fees. A rare opportunity to acquire a high-yielding, fully compliant investment property in an unbeatable location. Viewing is highly recommended.

Features

10 BED INVESTMENT PROPERTY ALL ENSUITES NO RENTAL CAPS EXCELLENT CONDITION 12% YIELD CENTRAL DUBLIN CITY CENTRE LOCATION PERIOD RED BRICK PROPERTY

Description

Features

10 BED INVESTMENT PROPERTY ALL ENSUITES NO RENTAL CAPS EXCELLENT CONDITION 12% YIELD CENTRAL DUBLIN CITY CENTRE LOCATION PERIOD RED BRICK PROPERTY