BER F

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A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

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Apartments 1,2 & 3, 33 Grattan Hill, Lower Glanmire Road, Tivoli, Co. Cork

AMV: €150,000
Townhouse | 6 Beds | 6 Baths
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Overview

Property Overview:

  • For Sale by Public Auction
  • Auction Location: The Imperial Hotel, South Mall, Cork City
  • Auction Date & Time: Wednesday, 15 November at 11:00 AM

Property Description:

******** For sale by public auction **********
******** 15th November 2017 at The Imperial Hotel, South Mall, Cork City ********
******** Registrations start at 10am. Auction to begin at 11am *********
How do you purchase at the auction:

1) To bid on the day of the auction you are required to register on the morning of the auction. Registration is at 10 AM and the auction will start at 11 AM sharp.
2) To register you are required to bring a valid utility bill, ID (passport/drivers licence) and a bank draft or cheque. All funds need to be made out to DNG Creedon auctioneers.
3) On the day of the auction you are expected to sign the contracts when the deal is agreed.
4) You are required to pay a deposit of 10% of the purchase price or a minimum of €5,000 whichever is greater, when signing the contracts.
5) Congratulations 28 days later the property is yours.

****************************************************************************

DNG Creedon auctioneers are delighted to present to the market this superb investment opportunity in a Cork City Centre. This building comprises of 3 X 1 bedroom apartments in a self contained block. The property is split over 3 floors, with one apartment on each floor, each separately metered.

All apartments are occupied and the property is being sold with the tenants in situ. Currently the property is producing a rental income of €20,904 per annum / €1,742 per month, with equates to a net yield of 13.9%. Tenancy details below :-

APARTMENT 1
Currently rented at €546 per month / €6,552 per annum
Tenant in situ since 2013

APARTMENT 2
Currently rented at €650 per month / €7,800 per annum
Tenant in situ since 2017

APARTMENT 3
Currently rented at €546 per month / €6,552 per annum
Tenant in situ since 2013

Other benefits of this investment include PVC double glazing throughout and zero management charges.

Grattan Hill is located only 10 minutes' walk from Cork Kent train station and a further 5 minutes' walk to Cork City Centre. This is an ideal investment opportunity.

To arrange a viewing contact our offices on 021 489 7300.

DNG Michael Creedon, for themselves and for the vendors or lessors of the property whose Agents they are, give notice that: (i) The particulars contained herein are set out as a general outline for the guidance of intending purchasers or tenants, and do not constitute any part of an offer or contract and are not in any way legally binding. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person in the employment of DNG Michael Creedon has any authority to make or give representation or warranty whatever in relation to this development. (iv) The particulars contained herein are confidential and are given on the strict understanding that all negotiations shall be conducted through DNG Michael Creedon. (v) DNG Michael Creedon disclaims all liability and responsibility for any direct and/or indirect loss or damage which may be suffered by any recipient through relying on any particular contained in or omitted from the aforementioned particulars.

Features:

  • In excess of 1,602 sq.ft / 148 sq.m in size
  • Net yield of 13.9%
  • PVC double glazing throughout
  • Being sold with the benefit of tenants
  • Split over 3 levels & separately metered
  • Fully rented with a current rent of €20,904 per annum / €1,742 per month
  • Zero complex management fees
  • 3 X 1 bedroom apartments in a self contained block
  • Superb investment opportunity in a superb city centre location

Facilities:

  • Parking

BER Details

BER F

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

Learn more
What's this?
BER No 100839273

Daft Property Shortcode:

http://www.daft.ie/11564417

Date Entered/Renewed:

9/11/2017 (13 days ago)

Property Views:

4,492
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Address:

Apartments 1,2 & 3, 33 Grattan Hill, Lower Glanmire Road, Tivoli, Co. Cork

Distance to City Centre:

0.9 km (0.6 miles), 10 minute walk

Public transport routes that service Tivoli:

  • Bus: 11

Street view

Residential Property Price Register - Sold in this area

135 Silversprings Lawn, Tivoli, Co. Cork €230,000 | 28/09/17 | Semi-Detached House | 3 Bedrooms | 1 Bathroom SOLD
1, Tivoli, Co. Cork €127,000 | 04/08/17 | Second-Hand Dwelling House/Apartment SOLD
153 Silversprings Lawn, Tivoli, Co. Cork €212,000 | 29/07/17 | Semi-Detached House | 3 Bedrooms | 2 Bathrooms SOLD
60 Silversprings Court, Tivoli, Co. Cork €190,000 | 07/07/17 | Semi-Detached House | 3 Bedrooms | 1 Bathroom SOLD
193 Silversprings Court, Tivoli, Co. Cork €202,000 | 12/06/17 | Second-Hand Dwelling House/Apartment SOLD

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Buying information

The stamp duty figure is based on the current applicable rates of stamp duty and may not take into consideration all relevant factors required in calculating an accurate charge. While we endeavour to keep this information up-to-date, we make no representation or warranty of any kind, express or implied, about the accuracy or reliability of this information.

None of the information contained in this information box should be construed as financial advice and you should always seek independent financial advice as individual circumstances may vary. Any reliance you place on the information contained in the information box is therefore strictly at your own risk. In no event shall we be liable for any loss or damage including without limitation, indirect or consequential loss or damage.

Find out more about Stamp Duty

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Call: 085 8800856
Call: 021 4897300
Phone Between Hours: 9am - 5.30pm

Buying Information

Stamp Duty: €1,500
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Apartments 1,2 & 3, 33 Grattan Hill, Lower Glanmire Road, Tivoli, Co. Cork