Fully Let High Yield Investment Opportunity, 4 units , Main Street, Castlerea, Co. Roscommon, F45V880
Property headerProperty header
+9
Property Header

Fully Let High Yield Investment Opportunity, 4 units , Main Street, Castlerea, Co. Roscommon, F45V880

€399,000

5 Bed5 Bath186 m²Apartment
  • Price per m²:€2,147
  • Estimated Stamp Duty:€3,990
  • Selling Type:By Private Treaty

About this property

Highlights

  • Prime location In a sought after area
  • Close to all amenities of Castlerea town
  • Investment Opportunity
  • High rental yield

Description

New to the Market – Exceptional Investment Property Main Street, Castlerea, Co. Roscommon Prime 4-Unit Residential Block | Fully Let | 11% Yield | €43,200 Annual Income Nigel Dineen Auctioneers are proud to bring to the market this outstanding investment opportunity in the heart of Castlerea town. This fully occupied, turnkey four-unit apartment block is generating a substantial gross annual income of €43,200, equating to a strong yield of 11% – a rare find in today's market. Property Overview: This two-storey building has been meticulously maintained and comprises: Apartment 1 (Ground Floor): Spacious 1 Double Bedroom Unit | 68 sq.m Apartment 2 (First Floor): Stylish 1 Double Bedroom Unit | 30 sq.m Apartment 3 (First Floor): Bright 1 Double Bedroom Unit | 30 sq.m Apartment 4 (Second Floor): Well-Proportioned 2 Double Bedroom Unit | 37.2 sq.m All units are fully furnished and finished to a high standard, with excellent long-term tenants in place, ensuring immediate and steady rental income for the discerning investor. Key Features: Town centre location with high rental demand Walking distance to train station, schools, shops, banks, and all amenities Adjacent to the picturesque Demesne Park, ideal for recreation and leisure Strong tenant base and fully compliant Minimal management required – ready-made income-generating asset This is an ideal investment for those seeking consistent returns and long-term capital growth in a strong rental market. Viewing comes highly recommended and is strictly by prior appointment only. Contact Sole Selling Agents: Nigel Dineen Auctioneers, Roscommon “Everything we touch turns to SOLD” Call Nigel today on 086 2130723

Standard features

Parking
Alarm

The local area

Sold properties in this area

Stay informed with market trends

Local schools and transport

Learn more about what this area has to offer.

School Name
Distance
Pupils
School NameSt Anne's National SchoolDistance150mPupils135
School NameSt. Michael'sDistance290mPupils82
School NameSt Paul's National SchoolDistance370mPupils54
School Name
Distance
Pupils
School NameTarmon National SchoolDistance3.3kmPupils276
School NameThreen National SchoolDistance5.8kmPupils39
School NameCloonbonniffe National SchoolDistance6.4kmPupils21
School NameBallintubber National SchoolDistance7.4kmPupils84
School NameLoughglynn National SchoolDistance7.5kmPupils52
School NameFairymount National SchoolDistance8.8kmPupils38
School NameCastleplunkett National SchoolDistance9.4kmPupils37
School Name
Distance
Pupils
School NameCastlerea Community SchoolDistance340mPupils388
School NameSt Nathy's CollegeDistance16.3kmPupils658
School NameGlenamaddy Community SchoolDistance18.5kmPupils420
School Name
Distance
Pupils
School NameBallyhaunis Community SchoolDistance19.2kmPupils750
School NameElphin Community CollegeDistance20.6kmPupils193
School NameDunmore Community SchoolDistance23.6kmPupils353
School NameConvent Of Mercy, Secondary SchoolDistance24.6kmPupils518
School NameRoscommon Community CollegeDistance24.7kmPupils579
School NameScoil Mhuire Sec SchoolDistance24.7kmPupils657
School NameC.b.s. RoscommonDistance24.8kmPupils436
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance310mStopCastlereaRoute546DestinationCastlereaProviderTfi Local Link Galway
TypeBusDistance310mStopCastlereaRoute440DestinationClaremorrisProviderBus Éireann
TypeBusDistance310mStopCastlereaRoute440DestinationWestportProviderBus Éireann
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance310mStopCastlereaRoute429DestinationGalwayProviderBus Éireann
TypeBusDistance310mStopCastlereaRouteNg05DestinationLiosban Industrial EstateProviderWestlink Coaches
TypeBusDistance310mStopCastlereaRoute429DestinationBallaghadereenProviderBus Éireann
TypeBusDistance310mStopCastlereaRoute977DestinationCastlereaProviderTfi Local Link Donegal Sligo Leitrim
TypeBusDistance310mStopCastlereaRoute457DestinationCastlereaProviderBus Éireann
TypeBusDistance320mStopCastlereaRouteNg05DestinationBallinamore EastProviderWestlink Coaches
TypeBusDistance320mStopCastlereaRoute440DestinationAthloneProviderBus Éireann

Your Mortgage and Insurance Tools

AIB Logo

Check off the steps to purchase your new home

Use our Buying Checklist to guide you through the whole home-buying journey.

Budget calculator

Calculate how much you can borrow and what you'll need to save

BER Details

Statistics

  • 26/09/2025
    Entered
  • 4,235
    Property Views
  • 6,903

    Potential views if upgraded to a Daft Advantage Ad

    Learn How

Daft ID: 16151768

Contact Agent

profile

Nigel Dineen/Martin Finn Auctioneers

086 2130723
View this agent's listings
Allianz logo

Home Insurance

Quick quote estimator