1 St, Luke`s Avenue, Summerhill North, Cork, T23 XN57

For Sale by Online Auction on Thursday, 17th April 2025, powered by Property Links Ltd. To view legal documents or register to bid, please visit the YOUBID.IE website.

Youbid is delighted to present this three-storey end of terrace property located in the historic and vibrant area of St. Luke's, Cork to the market. No. 1 St. Luke's Avenue was built in 1900 and is currently divided into four apartments, three of which are occupied and one vacant.

Property Details:

Apartment 1: Ground Floor, 1 bedroom, 13.43 sq. meters, Ber G No: 118195486. Rent €485 per month - Occupied
Apartment 2: Ground Floor, 1 bedroom, 12.47 sq. meters, Ber G No; 118195478. Rent €615 per month - Occupied
Apartment 3: Mid Floor, 1 bedroom, 29.44 sq. meters, Ber F No 1181954437. Rent €550 per month - Occupied
Apartment 4: Top Floor, Studio, 12.47 sq. meters, Ber G No: 115043374 - Vacant

Heating: Electric

This property offers a unique investment opportunity. While it requires significant refurbishment, it holds immense potential for transformation into a lucrative rental option. With the right vision and investment, this property can achieve market rents and attract discerning tenants. The high demand for rental properties in this area further enhances its investment potential.

Location: St. Luke's is a prime location in Cork City, renowned for its historic charm and strong sense of community. The area is well-served by local businesses and amenities, and is within walking distance of the city centre and Kent Train Station, providing excellent transport links.