Home Ireland Waterford Waterford City 54 Mayors Walk , Waterford City, Waterford

54 Mayors Walk , Waterford City, Waterford

Sale Agreed Energy Rating X91PPR3 6 beds4 baths1328 Sq.ft
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Description

Attention Investors - Superb investment property with potential rental income of €27,000 - €30,000 approx No 54 Mayors Walk, is an excellent City centre residential investment property that measures a substantial c. 1,328 sq.ft and comprises 2 self contained properties; a 1 bedroom ground floor apartment with its own door entrance and a 5 bedroom house. The ground floor apartment has been fully fitted for residential lettings and is currently rented at €7,000 per annum. The house comes with full vacant possession and has a potential rental income of €24,000 per annum. The property has a combined rental income potential of €31,000 per annum making this a very desirable investment property with no management company fees. Convenience is key and No. 54 is located in the very heart of Waterford City, adjacent to the main throughfare, Arundle Square and City Square shopping centre. This is the prime business/recreational rear for the City and all shops, pubs and restaurants are a short stroll away. SETU College St Campus and Dept of Architecture are close by and University Hospital and Waterford`s Industrial parks are within a 10 minute drive. The property occupies a prominent position on Mayors Walk with plenty of on street metered parking at the door. The accommodation comprises Ground Floor Apartment: kitchen/livingroom, bedroom and shower room. The main house comprises entrance hallway, kitchen/livingroom, shower room, with 2 bedrooms en-suite shower room and bathroom on the first floor and 3 bedrooms and shower room on the second floor. This is a superb opportunity to acquire a City centre residential home with an established income stream of €7,000 or a gross potential income stream of €31,000 for a 2 unit investment property in the heart of the city. SERVICES Mains water, electricity and sewerage. Gas fired central heating

Accommodation

ACCOMMODATION Ground Floor Entrance Hallway 2.63m (8'8") x 2.36m (7'9") Dining room 2.65m (8'8") x 2.41m (7'11") Kitchen / Living area 6.42m (21'1") x 2.12m (6'11") Fitted kitchen W.C 1.06m (3'6") x 1.83m (6'0") W.c, w.h.b First Floor Landing 0.86m (2'10") x 1.01m (3'4") Bedroom 1 3.64m (11'11") x 3.32m (10'11") En-suite 1.76m (5'9") x 2.4m (7'10") W.c, w,.h,b, and shower Bedroom 2 2.84m (9'4") x 3.21m (10'6") En-Suite 2.32m (7'7") x 1.79m (5'10") W.C, w.h.b, shower. Second Floor Landing 3.64m (11'11") x 0.77m (2'6") Bathroom 1.9m (6'3") x 1.67m (5'6") W.c, w.h.b, and shower Bedroom 3 3.62m (11'11") x 2.53m (8'4") Bedroom 4 3m (9'10") x 2.52m (8'3") Bedroom 5 2.96m (9'9") x 2.55m (8'4") Apartment Kitchen / Living room 6.81m (22'4") x 2.2m (7'3") Open plan living area and kitchen. Bedroom 1 4.02m (13'2") x 2.77m (9'1") Bathroom 1.09m (3'7") x 0.77m (2'6") W.c. WHB and shower.

BER Details

BER: C1 BER No.103653945
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Price Changes in Waterford City
-€24,000 (-3.88%)
€619,000 €595,000
29th Oct 24
E1
-€30,000 (-7.59%)
€395,000 €365,000
21st Oct 24
D2
11th Oct 24
C3
€20,000 (13.79%)
€145,000 €165,000
3rd Oct 24
D2
16th Aug 24
C3
View All Price Changes
Price Changes In Waterford City
Property Partners Barry Herterich
Property Partners Barry Herterich
Tel: 051 3...
PSRA Licence No. 001285

Date created: Mar 25, 2024

Property Partners Barry Herterich
Property Partners Barry Herterich
PSRA Licence No. 001285
Call Agent: 051 3...