Description
Accommodation
Features
BER Details
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Beds | 2 beds |
Price | Sold |
Property Type | |
Size | 60 meters2 |
Energy Rating | BER-D1 |
Refreshed on | |
Eircode | F91HF72 |
Group Name | David Reynolds Auctioneer |
Sales License Number | PSRA Licence: 001017 |
Description
INVESTMENT PROPERTY ONLY (The Purchaser cannot live here) The Gateway Apartments is a purpose built Student Accommodation Complex located within the grounds of Sligo's Atlantic University. Great location for 3rd Level Students as the College is literally only a minute\'s walk away & Sligo's town centre less than 5 minutes. This Complex is fully contained for all Students requirements with ample parking and an excellent Management Company. Located on the Ground Floor of Block 1, this is an excellent opportunity for those who want a hassle free investment and do not want to deal directly with their Tenants. Investments such as this provide an excellent yield on your money & in addition you have the opportunity to purchase a property that will continue to increase in value. The Management Company operate on a Pooled Rent system, which involves an Annual Service Charge for maintenance & up-keep of the common areas & individual units. A Sinking Fund is also in operation to cover any future major maintenance & repairs for this multi-unit complex. Net Rental Income for a 2 Bed Apt. is approx. €9,000, however, this varies year on year given the Pooled Rent System.
Accommodation
Ground Floor Apartment Kitchen/Living Room: 5.35m x 4.45m - built in kitchen - tiled floor Bedroom 1: 4.60m x 3.40m €" whb & floor carpeted (sleeps 2) Bedroom 2: 3.28m x 2.70m €" whb & floor carpeted Bathroom: 2.00m x 1.90m €" wc, whb & shower
Features
Property Management Company: Lakewood Lettings Ltd. 071 914 5618 info@gatewayapartments.ie
BER Details
BER: D1 BER No.101146454 Energy Performance Indicator:238.21 kWh/m²/yr
Date created: May 16, 2023