Home Ireland Sligo Sligo Apt. 1 Block 1 Gateway Apartments, Sligo City, Sligo

Apt. 1 Block 1 Gateway Apartments, Sligo City, Sligo

Sold Energy Rating F91HF72 2 beds1 bath60 m2
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Features
Parking
Washing Machine
Dryer
Central Heating
Microwave
Broadband
Full Furnished

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
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Price Changes in Sligo
€20,000 (7.41%)
€270,000 €290,000
29th Oct 24
D2
-€20,000 (-13.33%)
€150,000 €130,000
29th Aug 24
EXEMPT
€19,000 (5.00%)
€380,000 €399,000
7th Aug 24
B3
View All Price Changes
Price Changes In Sligo
David Reynolds Auctioneer
David Reynolds Auctioneer
Tel: 071 9...
PSRA Licence No. PSRA Licence: 001017

Date created: May 16, 2023

David Reynolds Auctioneer
David Reynolds Auctioneer
PSRA Licence No. PSRA Licence: 001017
Call Agent: 071 9...