Investment Yield 9.39% - 8 Houses & 8 Duplexes at Sallygardens, Ballyjamesduff, Co. Cavan
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Investment Yield 9.39% - 8 Houses & 8 Duplexes at Sallygardens, Ballyjamesduff, Co. Cavan

AMV: €2,000,000

40 Bed

1 Bath

Detached

Description

  • Sale Type: For Sale by Public Auction
  • Auction Location: online
For sale by Martin Shortt Auctioneers 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 welcome to the market an excellent opportunity to acquire a large investment holding in a much sought after location. These 16 properties are all large, well constructed properties that were built and rented by the current owners in 2006. The portfolio includes 8 x 3 bed townhouse (circa 113.82 m2) while the 8 x 2 bed duplexes are also large at circa 83.2 m2. This residential portfolio offers an opportunity to get a good return from an easily managed investment. As the current owners own all properties, they also manage the 16 units without the need to employ an external management company. There is significant demand for accommodation in the town of Ballyjamesduff due to some substantial employers in the area including Liffey Meats which has several hundred employees and is one of the highest rated companies in Ireland based on ranking website www.top1000.ie. Other large employers in Ballyjamesduff include Modern Homes Ireland (Modular Housing Provider) employing 117 people and Cavan Box which has been operating since 1983. TO VIEW OR MAKE A BID Contact Martin Shortt Auctioneers 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. Note: These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction auction and bids made prior the auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.
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BER Details

C1

Statistics

27/01/2023

Entered/Renewed

2,019

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Daft ID: 114355255

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Patrick Folan

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