The Rockingham Portfolio, Newcastle, A63 PY29

An excellent opportunity to acquire a mixed-use investment of 11 units in a highly sought after location within 30 minutes of Dublin.

The entire portfolio comprises 1 on street retail unit and 10 residential units, 5 x 1 bed apartments, 1 x 2 bed apartments, 1 x 3 bed mid terrace house, 1 x 3 bed semi detached house, 1 x 2 bed mid terrace house, 1 x 4 bed semi detached house. The investment is currently under rented and is generating €6,139 per month (€73,668 per annum). Currently there are 3 vacant residential units and 1 vacant retail unit. The fully let ERV is €12,650 per month (€151,800) per annum providing a projected Gross Annual Yield of 8.92%

The Rockingham development is located at the heart of the picturesque Newcastle village. The original Rockingham House is a double fronted, two story period house that fronts on to the village main street. The 1 bedroom apartments are located in the converted side outbuildings. All the houses and 2 bedroom apartments are of modern construction and are in an L-shaped courtyard to the rear that is accessed through a gated archway. The rear houses and ground floor apartments benefit from back gardens. There is ample parking provided for all units.

For further details, rental schedule and reports please call or email.