1-9 Glendale Apartments, Glendale Avenue, Carlow Town, Carlow, Co. Carlow, R93 EH74
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1-9 Glendale Apartments, Glendale Avenue, Carlow Town, Carlow, Co. Carlow, R93 EH74
Type
Detached House
Status
Sale Agreed
BEDROOMS
9
BATHROOMS
9
Size
164 sq.m.
BER
EPI: 247.05 kWh/m2/yr
Description
For sale by Kehoe Auctioneers via the iamsold Bidding Platform
Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.
This property presents a very attractive investment opportunity. Situated off Green lane in Glendale Avenue, this property benefits from its proximity to Carlow town centre and a multitude of local amenities within walking distance. The property comprises 9 no. self-contained residential units, each suitable to a single person or a couple. Originally a detached bungalow on its own grounds, the entire has been converted into 9 no. self-contained units of varying size of mostly one-bedroom units. The historic weekly rents weekly vary from €90 to €122, bringing in a total of €in excess of €47,000 p.a. Some upgrade and refurbishment is required.
Tenancy history at Glendale Avenue, Green Lane, Carlow
(As per most recent RTB registration)
Eircode End date Rent p.a. BER
Apt. 1 R93 EH74 7/10/2023 €6,344 D1
Apt. 2 R93 K023 13/04/2024 €5,640 D2
Apt. 3 R93 TW94 6/10/2023 €5,200 F
Apt. 4 R93 RP83 31/01/2024 €5,700 G
Apt. 5 R93 HX43 25/03/2024 €4,920 D1
Apt. 6 R93 W580 04/04/2024 €4,680 F
Apt. 7 R93 X884 16/04/2024 €4,680 E2
Apt. 8 R93 DH22 26/02/2024 €4,920 Exempt
Apt. 9 R93 K194 07/11/2023 €5,280 Exempt
Total €47,364 p.a.
BER certificates available for units 1-7 upon request. Units 8 & 9 are BER Exempt.
Viewing strictly by appointment only.
Features
- Very central location
- High yielding investment potential
- Attractive self contained units
- Under supply of this type of accommodation
- Potential for further development and improvement
- Mixture of ofch and electric heating
- Ample parking
- Mains services
- Investment opportunity