This spacious two bedroom ground floor apartment situated in a prime city centre location. The Old Distillery is adjacent to Smithfield Fruit Market, Law Library and Four Courts. The property is within easy walking distance of city centre and surrounded by excellent social and essential amenities including public transport with Luas Red Line Four Courts Stop. Ideal opportunity for first time buyers or an investor. Property will benefit from some minor upgrading which will offer excellent rental return due to demand for properties in the area.

In this area I believe it’s a perfect for a buy to let. I have no doubt that if approx €4500 was spent on refreshing it, it would be beautifully presented for letting. The rent achievable at present would be approx €1,450 – €1,600. The annual maintenance fees are approx €1500. It’s on the market for €169,000 and there is an offer for €172,000.

Secured gated development
Communal garden
UPC wired
Small Balcony
Double glazed throughout
Accessible ground floor aspect
Close to excellent public transport
Current management fee C.1500 per annum
Internal Floor Area circa 700sq.ft (65sq.m)

Entrance Hall
Storage press, hot-press, wood floor, intercom, alarm panel.

Kitchen
Lino floor, fitted kitchen units, hob oven & extractor fan.

Living Room
3.94m x 5.73m
Wood floor, small balcony.

Bedroom 1
3.42m x 2.71m
Wood floor, fitted wardrobes, patio door

Bedroom 2
2.57m x 2.5m
Wood floor, fitted wardrobes

Bathroom
Bath, W.C, W.H.B, shower panel, bath lights, W.C

Find out more about the Property Market Overview, Transactions Cost and Processes etc…

More info on IRELAND

Address

Address:

he Old Distillery, Smithfield, Dublin 7

Email:

-

Contact for more details

Key Information

Property Value

172,000 €

Monthly Rent

1,600 €

Yearly Charges

1,500 €

Yearly Property Taxes

250 €

Gross Yield

9.5 %

Acquisition Cost

6,440 $ € = (Agent Fee 3,440 € + Sollicitor Fee 3,000 $ €)

Features

Cash to Invest : >100k

Cash to Invest : >100k

Horizon : >15y

Horizon : >15y

Horizon : 5-15y

Horizon : 5-15y

Mortgage/Loan : Possible

Mortgage/Loan : Possible

Yield : 7-9%

Yield : 7-9%

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