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Apt 101, (Block 5 3rd Floor), The Village, Clarion Road, Sligo, F91 DA25.
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€95,000
3 Bedrooms
David Reynolds
PSR Licence No: 001017
David Reynolds
071 915 1161
087 252 3738

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** F91 DA25 **

 

Investment Opportunity

 

Clarion Village is a purpose built Student Accommodation Complex located within close proximity of Sligo's Institute of Technology, University Hospital, Clayton Hotel and is within walking distance of Sligo town centre and all services & amenities.

 

This complex is fully contained for all student requirements with ample communal parking, and an excellent Management Company.

 

Located on the 3rd Floor of Block 5 in Clarion Village, 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.

The Management Company operate a Pooled Rent system which involves an Annual Service Charge for maintenance 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.

Net rental income for a 3 bed 3 en-suite Apartment is approx €6,000. However, this varies year on year and given the Covid/Pandemic situation we would expect it to return to normal conditions in the next academic year.

 

Property Management Co.

Winters Management DAC

091 771935

www.winterspm.com

 

ACCOMMODATION

 

Kitchen/Living Room: Built in Kitchen, Tiled floor and Lounge area carpeted

3 no. Bedrooms: (1 en-suite) Built in Wardrobes.

Bathroom: wc, whb, shower

 

 

FEATURES

 

  • PVC windows and door

  • Full furnished

  • Carpet & tiled floors

  • Communal Parking

 

Floor Area

c. 60 m2 (c. 645 ft2) 

 

 

BER Rating: C3
BER Number: 101427912
Energy Performance Indicator: 223.18 kWh/m2/yr

 

These particulars are issued by David Reynolds Estate Agent on the understanding that any negotiations relating to the property are conducted through them. Whilst every care is taken in preparing particulars, the Company do not hold themselves responsible for any inaccuracy in the particulars or the terms of the properties referred to or for any expense that may be incurred in visiting same should it prove unsuitable or to have been let, sold or withdrawn. Applicants are advised to make an appointment through us before viewing and are respectfully requested to report their opinion after inspection. Should the above not be suitable please let us know your exact requirements.