Apt 4 Block1 Gateway Apartments, Ballinode, Sligo, F91AE18

INVESTMENT PROPERTY ONLY (The Purchaser cannot live here)

The Gateway Apartments is a purpose built Student Accommodation Complex located within the grounds of Sligos Atlantic Technological University.

Great location for 3rd Level Students as the College is literally only a minute\'s walk away & Sligos town centre less than 5 minutes.

This Complex is fully contained for all Students requirements with ample parking and an excellent Management Company.

Located on the Ground Floor of Block 1, this is an excellent opportunity for those who want a hassle free investment and do not want to deal directly with their Tenants.

Investments such as this provide an excellent yield on your money & in addition you have the opportunity to purchase a property that will continue to increase in value.

The Management Company operate on a Pooled Rent system, which involves an Annual Service Charge for maintenance & up-keep of the common areas & individual units. A Sinking Fund is also in operation to cover any future major maintenance & repairs for this multi-unit complex.

Net Rental Income for this 2 Bed Apt. is approx. €10,000, however, this varies year on year given the Pooled Rent System.

Accommodation

Kitchen/Living Room: 5.30m x 4.44m
built in kitchen - tiled floor

Bedroom 1: 4.58m x 3.39m
Built in Wardrobe

Bedroom 2: 3.28m x 2.72m
Built in Wardrobe

Bathroom: 2.00m x 1.89m
wc, whb & shower - fully tiled