88 & 89 Cratloe Wood Student Village Old Cratloe Road,, Caherdavin, Limerick City

Sold

Beds	3 beds
Price	Sold
Property Type	Apartment
Size	74 meters²
Energy Rating	BER-C2
Refreshed on
Eircode
Group Name	PMI
Sales License Number	003061

Description

Student Accommodation Investment Opportunity Two ground floor three bedroom student apartments Annual Net Return Approx. €18,000 P.A DESCRIPTION No. 88 & 89 each comprises a ground floor apartment extending to approximately 74 sq. mtrs. (797 sq ft.), accommodating three bedrooms (one ensuite), bathroom and a bright and spacious open plan living room/kitchen. All apartments are secured with a Salto Key Fob system. There is ample car and bicycle parking throughout the village. Features within the village include a Staffed Reception, onsite security, Games Room and Laundry Room. THE INVESTMENT The properties in the village operate on a pooled rent system, where all maintenance running costs and expenses are deducted from the pooled scheme rent. Profits are divided equally among the pooled owners, with payments made three times over the year. The profit for the current academic year is approximately €17,992, which is subject to change. The village is fully booked for the current academic year. BER Details BER C2 BER Number: 110222460 Energy Performance Indicator: 189.68 kWh/yr Under Offer Asking Price: Excess of €260,000

Features

FEATURES Fully managed hassle free investment with an annual return of Approx. €18,000 Walking Distance of TUS Fully booked for current academic year 2023/2024

BER Details

BER: C2

Directions

LOCATION Cratloe Wood Student Village is a secure gated student village superbly located off the Old Cratloe Road, within 600 m of TUS, Moylish Campus, 600 m of the new Northern Ring Road, 1.9 km from the TUS Coonagh Cross Campus/N18 and 3.1 kms from Limerick City Centre. Built in the early to mid-2000’s Cratloe Wood Village, comprises 235 recently refurbished apartments set within the vast landscaped grounds.

Viewing Details

By appointment with sole selling agent

Description

Features

FEATURES Fully managed hassle free investment with an annual return of Approx. €18,000 Walking Distance of TUS Fully booked for current academic year 2023/2024

BER Details

BER: C2

Directions

Viewing Details

By appointment with sole selling agent