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

€399,000

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

About this property

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

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

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The local area

Local schools and transport

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School Name
Distance
Pupils
School NameSt Anne's National SchoolDistance150mPupils125
School NameSt. Michael'sDistance290mPupils77
School NameSt Paul's National SchoolDistance370mPupils54
School Name
Distance
Pupils
School NameTarmon National SchoolDistance3.3kmPupils259
School NameThreen National SchoolDistance5.8kmPupils35
School NameCloonbonniffe National SchoolDistance6.4kmPupils19
School NameBallintubber National SchoolDistance7.4kmPupils84
School NameLoughglynn National SchoolDistance7.5kmPupils45
School NameFairymount National SchoolDistance8.8kmPupils36
School NameCastleplunkett National SchoolDistance9.4kmPupils34
School Name
Distance
Pupils
School NameCastlerea Community SchoolDistance340mPupils365
School NameSt Nathy's CollegeDistance16.3kmPupils658
School NameGlenamaddy Community SchoolDistance18.5kmPupils387
School Name
Distance
Pupils
School NameBallyhaunis Community SchoolDistance19.2kmPupils741
School NameElphin Community CollegeDistance20.6kmPupils200
School NameDunmore Community SchoolDistance23.6kmPupils330
School NameConvent Of Mercy, Secondary SchoolDistance24.6kmPupils530
School NameRoscommon Community CollegeDistance24.7kmPupils570
School NameScoil Mhuire Sec SchoolDistance24.7kmPupils655
School NameC.b.s. RoscommonDistance24.8kmPupils411
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance310mStopCastlereaRoute440DestinationWestportProviderBus Éireann
TypeBusDistance310mStopCastlereaRoute429DestinationGalwayProviderBus Éireann
TypeBusDistance310mStopCastlereaRouteNg05DestinationCentre PointProviderWestlink Coaches
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance310mStopCastlereaRoute440DestinationClaremorrisProviderBus Éireann
TypeBusDistance310mStopCastlereaRouteGm11DestinationDrumshanboProviderWestlink Coaches
TypeBusDistance310mStopCastlereaRoute429DestinationBallaghadereenProviderBus Éireann
TypeBusDistance310mStopCastlereaRoute546DestinationCastlereaProviderTfi Local Link Galway
TypeBusDistance310mStopCastlereaRouteGm11DestinationAtu Galway CityProviderWestlink Coaches
TypeBusDistance310mStopCastlereaRoute457DestinationCastlereaProviderBus Éireann
TypeBusDistance310mStopCastlereaRoute977DestinationCastlereaProviderTfi Local Link Donegal Sligo Leitrim
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  • 10/07/2025
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Daft ID: 16151768

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Nigel Dineen/Martin Finn Auctioneers

086 2130723
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