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Flat 1, 56 North Circular Road, Stoneybatter, Dublin 7


Price
€1,400,000

Type
Terrace House

Status
For Sale

BEDROOMS
9

BATHROOMS
9

Size
300 sq. m

BER

Description

A most substantial Pre'63 investment property extending to c. 300 sq. m ( gross internal area ) and divided in a total of 9 spacious apartments ( 8 x Studio & 1 x 1 bedroom) and arranged over its three floor levels. Situated in this established rental location, minutes from valuable infrastructure and amenities including Phoenix Park, Heuston Station, Grangegorman DIT campus, Stoneybatter and Phibsboro villages, the property is currently producing an exceptional rental income from fully occupied tenants.
The property offers excellent Period detail throughout - high ceilings with intricate covings and centre pieces, original staircase and window shutters are retained in remarkably good condition. There exists a significant opportunity to further grow rental and capital values following completion of certain refurbishments. A rear garden/yard extending to c. 45 sq. metres potential for further development subject to planning.

An early inspection is recommended.

Currently producing a monthly rent roll of 12,116 and yearly 145,392 based on a single tenancy, there exists further significant upside potential following the completion of some modest refurbishment. Impressive in their quality and style, and charming Period features in good condition.

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