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723 Brookfield Hall, Castletroy


Type
Apartment

Status
Sale Agreed

BEDROOMS
2

BATHROOMS
2

BER
BER
C1

Location
Castletroy

Description

Hickey O Donoghue are delighted to welcome to the market this 2nd floor, two bed apartment within walking distance of the University of Limerick and all its amenities. The property comprises of an entrance hallway, open plan fully fitted kitchen/dining/living room, 2 bedrooms, 1 ensuite and main bathroom.

The property is part of a student accommodation scheme with huge demand offering 100% occupancy. All occupiers for the academic year must have a valid student ID.

This is an excellent investment opportunity. The property is currently fully let until May 2022 as part of a pooled rental system. From the 1st of June, the purchaser is free to rent outside the pooled rental arrangement and rent themselves on the open market. Based on other properties rented within the scheme, it's capable of producing a net rental income of €9,860.
Gross rental income per annum @ €12,210
Management fees @ €2350 which include bins, block insurance and shuttle bus.

Features

  • Electric storage heating
  • Elevator
  • Communal Parking
  • Pooled rental system
  • Wifi Available
  • Full time receptionist/security
  • Block 7
  • Potential Income €9860

Accommodation


Note:
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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