Yellow House & Mill House , Bunnanaddan, Ballymote, Co. Sligo, F56 KW40

Asking Price : € 295,000
Investment For Sale by Private Treaty
BER Number
113504476

Details

Investment Opportunity Two Buildings with Four Apartments Tenants in Situ.
An excellent opportunity to acquire a recently upgraded well-maintained investment property comprising two separate buildings, each containing:

One two-bedroom apartment
One one-bedroom apartment

The property therefore offers a total of four self-contained residential units. All apartments are currently occupied with established tenants, and the property is being sold with tenants in situ, providing immediate rental income from day one. This investment benefits a strong income performance generating approximately 29,000 euro annual rental income and a gross yield of circa 9.8%, making it an ideal addition to an existing portfolio or a turnkey opportunity for investors seeking a steady income stream. Further more all four tenancies commenced in 2023 so they fall outside the new rental legislation change. Full details, rental figures, and tenancy information available upon request.

Features

  • Electricity
  • Parking
  • Sewerage
  • Water Common
  • Heating
  • Broadband
  • 9.8% Gross Rental Yield €29,000 Annual Rent Roll
  • Mains Water and Sewer.
  • Independent electric metres for each unit.
  • Upgraded in 2022.

Neighbourhood

Yellow House & Mill House , Bunnanaddan, Ballymote, Co. Sligo, F56 KW40

Matthew Scanlon

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