Apt 4 Block 1 Gateway Apts, Ballinode, Sligo, County Sligo

Apt 4 Block 1 Gateway Apts, Ballinode, Sligo, County Sligo

Sale Agreed

F91 AE18 2 beds1 bath72 m²

Apt 4 Block 1 Gateway Apts, Ballinode, Sligo, County Sligo

Sale Agreed

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Beds	2 beds
Price	Sale Agreed
Property Type	Apartment
Size	72 meters²
Energy Rating	BER-D1
Refreshed on
Eircode	F91 AE18
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 Sligos Atlantic Technological University. Great location for 3rd Level Students as the College is literally only a minute\`s walk away & Sligos 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 this 2 Bed Apt. is approx. 10,000, however, this varies year on year given the Pooled Rent System. Accommodation Kitchen/Living Room: 5.30m x 4.44m built in kitchen - tiled floor Bedroom 1: 4.58m x 3.39m Built in Wardrobe Bedroom 2: 3.28m x 2.72m Built in Wardrobe Bathroom: 2.00m x 1.89m wc, whb & shower - fully tiled

Features

Electric Storage Heating
Fully Furnished
PVC Windows & Doors
Communal Parking

BER Details

BER: D1
BER No: 101146496
Energy Performance Indicator: 238.29 kWh/m2/yr

Negotiator

David Reynolds

Features

Parking

Description

INVESTMENT PROPERTY ONLY (The Purchaser cannot live here) The Gateway Apartments is a purpose built Student Accommodation Complex located within the grounds of Sligos Atlantic Technological University. Great location for 3rd Level Students as the College is literally only a minute\`s walk away & Sligos 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 this 2 Bed Apt. is approx. 10,000, however, this varies year on year given the Pooled Rent System. Accommodation Kitchen/Living Room: 5.30m x 4.44m built in kitchen - tiled floor Bedroom 1: 4.58m x 3.39m Built in Wardrobe Bedroom 2: 3.28m x 2.72m Built in Wardrobe Bathroom: 2.00m x 1.89m wc, whb & shower - fully tiled

Features

Electric Storage Heating
Fully Furnished
PVC Windows & Doors
Communal Parking

BER Details

BER: D1
BER No: 101146496
Energy Performance Indicator: 238.29 kWh/m2/yr

Negotiator

David Reynolds

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David Reynolds Auctioneer

Tel: 071 9...

PSRA Licence No. PSRA Licence: 001017

Date created: Jun 25, 2024