11.46% Yield - 1 Saint Alphonsus Road Lower, Drumcondra, Dublin 9

€975,000

10 Bed

8 Bath

Apartment

Description

Sale Type: For Sale by Private Treaty

For sale by Kelly Bradshaw Dalton 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. We are delighted to present to the open market, 1 St. Alphonsus Road Lower, Drumcondra, Dublin 9. This is an exceptional semi-detached Pre '63 investment property contains 8 apartments. The substantial three-bay, three-storey subject property built c.1890 stands proud in one of Dublin's most sought after locations. Situated in the heart of Drumcondra Village, the well-known Saint Alphonsus' Road leads up to Iona Road. Due to the superb location, this property provides investors a rare opportunity to secure a significant building in a prime central location, well-positioned to attract high-quality tenants. Current Rents: Flat 1 - €1,100 Flat 2 - €750 Flat 3 - €954 Flat 4 - €1,000 Flat 5 - €1,700 Flat 6 - €800 Flat 7 - €1,160 Flat 8 - €1,850 Total Monthly Rent: €9,314 giving an annual income of €111,768 giving a YIELD of 11.5%. This is an impressive building approached by granite steps with chequered black and red terracotta tiles and cast wrought-iron railings. It will give all those that view it a picture of what could be one of the most spectacular properties in the locality. The location of this property cannot be overstated; overlooking the grounds of Chapel Gate and located just off the main Drumcondra Road - walking distance to the City Centre. This address is one of the most sought after in Dublin and is located on the primary bus route to Dublin Airport. Features Pre '63 Investment Property Superb, Prominent and Prime Location Red Brick Property Each Unit has its own Separate Electricity Metre Yield of 11.5% Apartment 1: BER E2 / BER No. 106206535 Floor Area: 18.21 m2 Apartment 2: BER G / BER No. 106206543 Floor Area: 18.32 m2 Apartment 3: BER F / BER No. 106206550 Floor Area: 22.09 m2 Apartment 4: BER E1 / BER No. 106206576 Floor Area: 19.96 m2 Apartment 5: BER F / BER No. 106206600 Floor Area: 35.36 m2 Apartment 6: BER G / BER No. 106206626 Floor Area: 14.6 m2 Apartment 7: BER G / BER No. 106206634 Floor Area: 35.47 m2 Apartment 8: BER E2 / BER No. 106206642 Floor Area: 45.48 m2 TO VIEW OR MAKR A BID Contact Kelly Bradshaw Dalton or iamsold, www.iamsold.ie Auctioneers Comments: This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale

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School Name	Distance	Pupils
School Name	St Columba's Iona Road	Distance	450m	Pupils	368
School Name	Lindsay Glasnevin	Distance	460m	Pupils	91
School Name	St Patricks N School	Distance	630m	Pupils	444

School Name	Distance	Pupils
School Name	Gardiner Street Primary School	Distance	720m	Pupils	403
School Name	Drumcondra National School	Distance	770m	Pupils	70
School Name	O'Connell Primary School	Distance	810m	Pupils	160
School Name	Temple Street Hospital School	Distance	840m	Pupils	90
School Name	St Josephs For Blind National School	Distance	970m	Pupils	50
School Name	Grace Park Educate Together National School	Distance	1.0km	Pupils	421
School Name	St Joseph's Special School	Distance	1.1km	Pupils	13

School Name	Distance	Pupils
School Name	O'Connell School	Distance	840m	Pupils	213
School Name	Belvedere College S.j	Distance	1.0km	Pupils	999
School Name	Rosmini Community School	Distance	1.1km	Pupils	82

School Name	Distance	Pupils
School Name	Scoil Chaitríona	Distance	1.2km	Pupils	508
School Name	St Vincents Secondary School	Distance	1.2km	Pupils	412
School Name	Dominican College Griffith Avenue.	Distance	1.2km	Pupils	769
School Name	Larkin Community College	Distance	1.4km	Pupils	402
School Name	Mount Carmel Secondary School	Distance	1.6km	Pupils	405
School Name	St Mary's Secondary School	Distance	1.6km	Pupils	834
School Name	St. Joseph's Secondary School	Distance	1.6km	Pupils	252

Type	Distance	Stop	Route	Destination	Provider
Type	Bus	Distance	80m	Stop	Drumcondra Rail Station	Route	16d	Destination	Ballinteer	Provider	Dublin Bus
Type	Bus	Distance	80m	Stop	Drumcondra Rail Station	Route	980b	Destination	Nassau Street	Provider	Collins Coaches
Type	Bus	Distance	80m	Stop	Drumcondra Rail Station	Route	13	Destination	Grange Castle	Provider	Dublin Bus

Type	Distance	Stop	Route	Destination	Provider
Type	Bus	Distance	80m	Stop	Drumcondra Rail Station	Route	910	Destination	Cathal Brugha Street	Provider	Matthews Coach Hire
Type	Bus	Distance	80m	Stop	Drumcondra Rail Station	Route	44	Destination	Enniskerry	Provider	Dublin Bus
Type	Bus	Distance	80m	Stop	Drumcondra Rail Station	Route	44	Destination	O'Connell Street	Provider	Dublin Bus
Type	Bus	Distance	80m	Stop	Drumcondra Rail Station	Route	740	Destination	Redmond Square	Provider	Wexford Bus
Type	Bus	Distance	80m	Stop	Drumcondra Rail Station	Route	16	Destination	Ballinteer	Provider	Dublin Bus
Type	Bus	Distance	80m	Stop	Drumcondra Rail Station	Route	1	Destination	Shaw Street	Provider	Dublin Bus
Type	Bus	Distance	80m	Stop	Drumcondra Rail Station	Route	41d	Destination	Abbey St	Provider	Dublin Bus