Apartment 37, Ashdown Student Village, Ashbourne Avenue, Limerick City, Co. Limerick, V94P3K1

Student Accommodation Investment Opportunity Annual Net Return Approx. €15,000 P.A LOCATION Ashdown Student Village is superbly located off Ashbourne Avenue, adjacent to Mary Immaculate College, less than 500 m from the South Circular Road and 300 metres from the Dock Road. This convenient position is within 1.75 of Limerick City Centre. Located within the area are a number of shops, food outlets and services. Built in the early 2000's Ashdown Village comprises 60 recently refurbished apartments set within the vast landscaped grounds. Features within the village include a secure gated entry, CCTV and laundry room. DESCRIPTION No.37, is bright and spacious first floor apartment of 91 sq. mtrs. (980 sq ft.) accommodating four bedrooms (one ensuite), bathroom and a bright and spacious open plan living room/kitchen, featuring a sliding PVC door to the steel patio. All apartments are secured with a Salto Key Fob system. The apartment features electric heating, double glazed windows and benefits from Wi-Fi available throughout the site. Finishes include tiled/carpeted flooring, fitted kitchen/ wardrobes and shelving, tiled bathrooms together with mainly plastered and painted walls THE INVESTMENT The properties in the village operate on a pooled rent system, where all maintenance running costs and expenses are deducted from the pooled scheme rent. Profits are divided equally among the pooled owners, with payments made three times over the year. The profit for the current academic year is approximately €14,591, which is subject to change. FEATURES Fully managed hassle free investment with an annual return of Approx. €14,591 Walking Distance of Mary Immaculate College Fully booked for current academic year BER Details:C2 BER Number: 16781345 Energy Performance Indicator: 178.67kWh/m²/yr These particulars are issued by PMI on the understanding that any negotiations relating to the properties mentioned are conducted through PMI. Every care was taken in preparing these particulars however PMI do not hold themselves responsible for any inaccuracy in the particulars and terms of the properties referred to or for any expense that may be incurred in visiting same should it prove unsuitable or have been let, sold or withdrawn. Applicants are advised to make an appointment through PMI before viewing and are respectfully requested to report their opinion after inspecting. Should the above not be suitable, please inform us of your requirements. Any reasonable offer will be submitted to the vendor for their consideration.