Apt 4 Block1 Gateway Apartments, Ballinode, Sligo, F91AE18

INVESTMENT PROPERTY ONLY (The Purchaser cannot live here) The Gateway Apartments is a purpose built Student Accommodation Complex located within the grounds of Sligos Atlantic Technological University. Great location for 3rd Level Students as the College is literally only a minute\'s walk away & Sligos town centre less than 5 minutes. This Complex is fully contained for all Students requirements with ample parking and an excellent Management Company. Located on the Ground Floor of Block 1, this is an excellent opportunity for those who want a hassle free investment and do not want to deal directly with their Tenants. Investments such as this provide an excellent yield on your money & in addition you have the opportunity to purchase a property that will continue to increase in value. The Management Company operate on a Pooled Rent system, which involves an Annual Service Charge for maintenance & up-keep of the common areas & individual units. A Sinking Fund is also in operation to cover any future major maintenance & repairs for this multi-unit complex. Net Rental Income for this 2 Bed Apt. is approx. 10,000, however, this varies year on year given the Pooled Rent System. Accommodation Kitchen/Living Room: 5.30m x 4.44m built in kitchen - tiled floor Bedroom 1: 4.58m x 3.39m Built in Wardrobe Bedroom 2: 3.28m x 2.72m Built in Wardrobe Bathroom: 2.00m x 1.89m wc, whb & shower - fully tiled Accommodation Note: These particulars are issued by David Reynolds Estate Agent on the understanding that any negotiations relating to the property are conducted through them. Whilst every care is taken in preparing particulars, the Company do not hold themselves responsible for any inaccuracy in the particulars or the terms of the properties referred to or for any expense that may be incurred in visiting same should it prove unsuitable or to have been let, sold or withdrawn. Applicants are advised to make an appointment through us before viewing and are respectfully requested to report their opinion after inspection. Property Reference :DREY243