Mullery Auctioneers Ltd

Investment Properties - Tenants Not Affected - 64 the Rise, Knocknacarra, GalwayPOA B3

Description

FOR SALE - RESIDENTIAL INVESTMENT PROPERTIES - GROSS INITIAL YIELD c. 8.94% *
(Tenants Not Affected)


Mullery Auctioneers are currently offering for sale 2 separate large semi-detached houses, both generating substantial income. Both houses are situated in excellent mature residential estates, Ashleigh Grove and The Rise in Knocknacarra.

Both houses are well presented and benefit from a substantial income, generated from the occupational tenancies in place. The properties are well located adjacent to bus routes, local shops & services, church and recreational amenities including parks etc.

Generating c. €38k pa each gross fully let (€76k pa gross in total combined fully let) *

The vendor intends to sell both properties and they can be sold in one or two lots. The vendor intends to sell both properties with the tenancies currently in place.

* Please note that each property is generally let to 6 numbered tenants and that currently in each property the vendors have arranged for 1 bedroom to be vacant for viewing / sale purposes. The income & yield figures referred to assume the 6th room in each property would also be let

For further information, please contact Philip Mullery, 091-567275 / 086-8101024

BER Details

BER: B3 BER No.103128716 Energy Performance Indicator:134.53 kWh/m²/yr

Viewing Details

By appointment only.

Please Note:

Messrs. Mullery Auctioneers Ltd. for themselves and for the vendors or lessors of this property whose agents they are, give notice that:- (i) The particulars are set out as a general outline for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) No person in the employment of Messrs. Mullery Auctioneers Ltd. has any authority to make or give any representation or warranty whatever in relation to this property. (iv) We have not tested any apparatus, fixtures, fittings or services. Interested parties must undertake their own investigation into the working order of these items. (v) All measurements are approximate and photographs and maps provided are for guidance only. (vi) Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchaser/ lessee shall be liable for any VAT arising on the transactions. (vii) Where a Matterport Virtual Tour is provided, we do not accept any responsibility for the accuracy of the Matterport measurement tool. Interested parties must confirm these measurements themselves by inspection or otherwise. (viii) Where a floorplan is provided please note the following; Whilst every attempt has been made to ensure the accuracy of these floorplans, any measurements, position of doors, windows etc are approximate and no responsibility is taken for any error, omission or mis-statement. These plans are provided for illustrative purposes only and should be used as such. These plans are for guidance only and must not be relied upon as a statement of fact. Attention is drawn to this important notice.