Apt 1A, Block 1 The Village, Clarion Road, Sligo, County Sligo , F91 KP76Guide price €70,000
3 Bedroomed Ground floor Apartment
3 bedrooms with 3 ensuites located in purpose built and fully managed student accommodation complex.
This is an excellent investment opportunity for those that do not want to deal directly with their tenants. Investments such as this provide an excellent yield on your money and in addition you have the opportunity to purchase a property that will continue to increase in value.
Clarion village is located within walking distance of Sligo IT, Sligo University Hospital and The Clayton Hotel. The complex is fully contained for all student requirements with ample communal parking, and an excellent Management Company.
The Management Company operate a pooled rental system which involves an annual service charge for maintenace and upkeep of the common areas and individual units. A sinking fund is also in operation to cover any future major maintenance and repairs for this multi unit complex.
Nett rental income for 3 bed, 3 ensuite apartments in academic year 2019-2020 was €6,984. This was much less in academic 2020-2021 due to Pandemic, but it is expected to return to normal conditions in the next academic year 2021-2022.
Kitchen/Living area: 4.4m x 6.4m - full fitted
B/R 1: 3.2 m x 4.1m plus ensuite 1.7m x 1.5m
B/R 2: 2.6m x 2.2m plus ensuite 1.5m x 1.7m
B/R 3: 2.2m x 2.7m plus ensuite 1.5m x 1.7m
For viewing and other details contact agents on 071 9185050 / 0876810848
BER No.: 113675979
Energy Performance Indicator: Not provided