Maganey House Maganey , Athy, Kildare

€750,000

Beds
Price	€750,000
Property Type	Investment
Size	meters²
Energy Rating	BER-E1
Refreshed on	Nov 4, 2024
Eircode	R93P799
Group Name	Fitzsimons Property
Sales License Number	003364

Description

Investment Opportunity- Highlights : ** Consists of House & 4 Apartments (2 x 2 bed: 2 x 1 bed) which are fully let, generating approximately 56,000 per annum. The majority of the rent is tax free (ARP scheme). ** Major investment in the property in recent years with the addition of 4 Apartments ** All apartments are in good condition, all furniture and white goods included. ** Generating income for new Owner straight away. ** Great rental location on the border of 3 Counties (Kildare, Carlow & Laois). ** 7 Car park spaces ** Optional Management /Maintenance Structure in place. Maganey House consists of the house and four separate Apartments, which will appeal to a broad section of buyers for a number of reasons. Investors will be interested as the property is fully let and generates a substantial rent roll every month, the majority of which is tax free (ARP scheme). The purchaser could choose to live in one of the units and still have a very generous rent roll each month. The property benefitted from a substantial investment in recent years with the addition of 4 Apartments (2 x 2 bedroom and 2 x 1 bedroom). The Apartments are all in excellent condition and feature almost new Kitchens, ovens/hobs fridges, dishwashers, washing machines, electric fires and bathroom 7 power showers and shower surrounds, tiling and wash hand basins. The property in a beautiful scenic location, enjoys the convenience of having a shop around the corner. Situated on the borders of Kildare, Carlow and Laois, the River Barrow only a stone’s throw away. This area is referred to as the ‘Three Counties’. There are beautiful walks along the Barrow Greenway/Blueway is approximately 120 kms long and runs nearby, which is very popular for walking and cyclists. The property is close to the M9 Motorway, approximately 7 kms from Junction 4, 8 kms approximately from Carlow Town and approximately 10 kms from Athy. Viewing comes highly recommended. Accommodation The accommodation comprises the Main House and four separate apartments: Main House: The Main house is a Two storey block built property. On the ground floor there is a kitchen/dining area, a Sitting room with open fireplace, and a Guest bathroom. Upstairs are 3 bedrooms. Bedroom 1 – Double bedroom with en-suite Bedroom 2 – Double bedroom with en-suite shower Bedroom 3- Single bedroom There is a garden to the side of the property. Oil Central heating. Apartments 1-4: Apartment 1: Ground floor 2 bedroom apartment. Accommodation consists of Kitchen/dining/sitting room area. The Kitchen is only a few years old and comes with all appliances. Also has the benefit of underfloor heating. Two bedrooms and 2 bathrooms with electric showers. Co2 & smoke alarms integrated system. Apartment 2: Ground floor 1 bedroom apartment. Accommodation consists of Kitchen/dining/sitting room area. The Kitchen is only a few years old and comes with all appliances. Double bedroom. Bathroom Also has the benefit of underfloor heating. Bathroom has electric shower, there is a separate toilet. Co2 & smoke alarms Apartment 3: Ground floor 1 bedroom apartment. Accommodation consists of Kitchen/dining/sitting room area. The Kitchen is only a few years old and comes with all appliances. Double bedroom. Bathroom features an electric shower and toilet. Fire exit. Small back yard. Co2 & smoke alarm Apartment 4: Ground floor 2 bedroom apartment. Fully fitted modern kitchen, in very good condition, and patio doors. Separate bathroom with shower. Special Features - Main House & 4 Apartments are fully let, generating approximately 56;000 per annum. - Major investment in the property in recent years with the addition of 4 Apartments - All apartments are recent build and in very good condition, all furniture and white goods included. - Main House & 4 Apartments are fully let, generating income for new Owner straight away. - 7 Car park spaces - Three phase electric supply - All electricity meters in a new Fireman box. - Water Softener system/percolation pumps, all new (March 2024). - Main house features oil central heating system. - Optional Management /Maintenance Structure in place.

BER Details

BER: E1 BER No.117853861

Directions

Postcode: R93P799

Viewing Details

Viewing strictly by appointment with Sole Agent John Fitzsimons, Fitzsimons Property (087 2204891)

Description

BER Details

BER: E1 BER No.117853861

Directions

Postcode: R93P799

Viewing Details

Viewing strictly by appointment with Sole Agent John Fitzsimons, Fitzsimons Property (087 2204891)