Burnside Apartments, Letterkenny, Co. Donegal

Price on Application

2 Bed

1 Bath

60 m²

Apartment

Description

Sale Type: For Sale by Private Treaty
Overall Floor Area: 60 m²

Property Partners Paul Reynolds are delighted to bring to the market this excellent investment opportunity. We are offering for sale 9 no. two bedroom apartments within the centrally located Burnside complex at Lower Main Street, Letterkenny. All apartments are currently leased on a 20 year lease Which commenced in 2019 Offering a yield of in excess of 5% Tenant is an Approved Housing Agency. General Accommodation €¢ Hallway 3.0m x 1.3m €¢ Open Plan Kitchen/Dining/Living Area 8.25m x 3.5m . €¢ Bedroom 1 3.5m x 3.0m €¢ Bedroom 2 3.0m x 2.6m €¢ Shower Room

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Property Features

9 No. two bedroom apartments - sold as one lot
Central location on Lower Main Street, Letterkenny
Constructed 1997
Electric storage heating
Currently leased on a 20 year lease €" due to cease 2039
3 yearly reviews €" last review seen 9.38% rent increase
Annual service charge €" 900.00 per apartment
Tenant is an Approved Housing Agency

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Local AreaNEW

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School Name	Distance	Pupils
School Name	Letterkenny National School	Distance	360m	Pupils	476
School Name	Letterkenny National School	Distance	500m	Pupils	446
School Name	St Bernadette's Special School	Distance	1.0km	Pupils	97

School Name	Distance	Pupils
School Name	Gaelscoil Adhamhnáin	Distance	1.2km	Pupils	422
School Name	Ballyraine National School	Distance	1.8km	Pupils	233
School Name	Little Angels School	Distance	1.8km	Pupils	124
School Name	Letterkenny Educate Together National School	Distance	1.9km	Pupils	356
School Name	Lurgybrack National School	Distance	3.3km	Pupils	444
School Name	Woodland National School	Distance	5.3km	Pupils	474
School Name	Illistrin National School	Distance	5.3km	Pupils	494

School Name	Distance	Pupils
School Name	Loreto Secondary School, Letterkenny	Distance	270m	Pupils	961
School Name	St Eunan's College	Distance	590m	Pupils	953
School Name	Coláiste Ailigh	Distance	830m	Pupils	298

School Name	Distance	Pupils
School Name	Errigal College	Distance	1.7km	Pupils	375
School Name	Deele College	Distance	12.0km	Pupils	702
School Name	The Royal And Prior School	Distance	12.4km	Pupils	590
School Name	Loreto Community School	Distance	15.8km	Pupils	815
School Name	St Columbas College	Distance	16.1km	Pupils	922
School Name	Mulroy College	Distance	16.3km	Pupils	601
School Name	Finn Valley College	Distance	16.4km	Pupils	352

Type	Distance	Stop	Route	Destination	Provider
Type	Bus	Distance	110m	Stop	Letterkenny Library	Route	989	Destination	Carrigans	Provider	Tfi Local Link Donegal Sligo Leitrim
Type	Bus	Distance	110m	Stop	Letterkenny Library	Route	965	Destination	Letterkenny Library	Provider	Mangan Tours
Type	Bus	Distance	110m	Stop	Letterkenny Library	Route	989	Destination	Letterkenny Prse Rd	Provider	Tfi Local Link Donegal Sligo Leitrim

Type	Distance	Stop	Route	Destination	Provider
Type	Bus	Distance	110m	Stop	Letterkenny Library	Route	974	Destination	Glen	Provider	Patrick Gallagher Travel
Type	Bus	Distance	110m	Stop	Letterkenny Library	Route	965	Destination	Meenlaragh Po	Provider	Mangan Tours
Type	Bus	Distance	170m	Stop	Courtyard Shopping Centre	Route	963	Destination	Gortlee	Provider	Doherty's Coach Travel
Type	Bus	Distance	170m	Stop	Courtyard Shopping Centre	Route	963	Destination	Mountain Top	Provider	Doherty's Coach Travel
Type	Bus	Distance	170m	Stop	Courtyard Sc	Route	963	Destination	Gortlee	Provider	Doherty's Coach Travel
Type	Bus	Distance	190m	Stop	Skittle Alley	Route	963	Destination	Gortlee	Provider	Doherty's Coach Travel
Type	Bus	Distance	190m	Stop	Skittle Alley	Route	961	Destination	Crolly	Provider	Doherty's Coach Travel