9 Magazine Road, Cork City, Co. Cork, T12W9AH

€375,000

SALE AGREED

5 Bed

5 Bath

150 m²

Terrace

Description

Sale Type: For Sale by Private Treaty
Overall Floor Area: 150 m²

HAYES PROPERTY are delighted to bring to the market this deceptively large 5 bedroom mid terrace investment property. The house is in very good condition throughout and has a large rear extension. It has been laid out as student style accommodation with all 5 bedrooms having an en-suite bathroom. It is located in a prime position on Magazine Road close to the CUH, UCC and the city centre. The accommodation extends to c.150 sq. m over 2 floors and comprises of: GROUND FLOOR: Front living room. Kitchen. Dining room. WC. Bedroom 1 with an ensuite bathroom. Bedroom 2 with an ensuite bathroom. FIRST FLOOR: Bedroom 3 with en-suite bathroom. Bedroom 4 with en-suite bathroom. Bedroom 5 with en-suite bathroom. OUTSIDE: There is a rear garden. Current income p.m. €3,750 p.m. Current income p.a. €45,000 p.a. Gross Yield. 12% This is a fantastic opportunity to acquire a superbly located investment property in a prime area close to The CUH, UCC, and Cork city centre. This property can also be purchased individually or as part of a residential investment portfolio of 4 houses in same general area. The houses are in good condition and all bedrooms have en-suite bedrooms. 3 Altona, College Road, Cork 7 Bedroom investment house €550,000 7 Eglinton Place Western Road, Cork 5 Bedroom investment house €500,000 9 Magazine Road, Cork 5 Bedroom investment house €375,000 Avoca, 37 Wilton Road, Cork 6 Bedroom investment house €550,000 Total Accommodation: 23 bedrooms all with en-suite bathrooms Total income of the portfolio p.m. €17,250 p.m. Total income of the portfolio p.m. €207,000 p.a. GUIDE PRICE: €1,975,000 GROSS YIELD: 10.50 %

Can you buy this property?

Use our calculator to find out your budget including how much you can borrow and how much you need to save

Calculate budget

Property Features

Student style accommodation in good condition
5 Bedrooms all with en-suite bathrooms
Large rear extension
€3,750 current income p.m
€45,000 current income p.a
12% Gross Yield
5 Minute walk to UCC and the CUH
Rear garden

Map

Satellite View

Street View

Local AreaNEW

Learn more about what this area has to offer.

School Name	Distance	Pupils
School Name	Glasheen Girls National School	Distance	630m	Pupils	340
School Name	Glasheen Boys National School	Distance	630m	Pupils	436
School Name	St Fin Barre's National School	Distance	670m	Pupils	97

School Name	Distance	Pupils
School Name	Greenmount Monastery National School	Distance	770m	Pupils	231
School Name	St. Joseph's National School	Distance	790m	Pupils	222
School Name	St Maries Of The Isle	Distance	900m	Pupils	301
School Name	Scoil Maria Assumpta	Distance	1.1km	Pupils	155
School Name	Cork Educate Together National School	Distance	1.3km	Pupils	206
School Name	Strawberry Hill Boys National School	Distance	1.3km	Pupils	184
School Name	Strawberry Hill National School	Distance	1.3km	Pupils	335

School Name	Distance	Pupils
School Name	St. Aloysius School	Distance	860m	Pupils	315
School Name	Presentation Brothers College	Distance	920m	Pupils	710
School Name	Presentation Secondary School	Distance	1.1km	Pupils	183

School Name	Distance	Pupils
School Name	Coláiste Éamann Rís	Distance	1.2km	Pupils	608
School Name	Cork College Of Commerce	Distance	1.6km	Pupils	27
School Name	Coláiste Daibhéid	Distance	1.7km	Pupils	218
School Name	Mount Mercy College	Distance	1.8km	Pupils	799
School Name	Terence Mac Swiney Community College	Distance	1.8km	Pupils	280
School Name	Coláiste Chríost Rí	Distance	1.9km	Pupils	503
School Name	St. Angela's College	Distance	2.0km	Pupils	607

Type	Distance	Stop	Route	Destination	Provider
Type	Bus	Distance	100m	Stop	Dorgan's Road	Route	216	Destination	Monkstown	Provider	Bus Éireann
Type	Bus	Distance	190m	Stop	Ucc College Rd Gate	Route	205	Destination	Mtu	Provider	Bus Éireann
Type	Bus	Distance	190m	Stop	Glasheen Road	Route	216	Destination	University Hospital	Provider	Bus Éireann

Type	Distance	Stop	Route	Destination	Provider
Type	Bus	Distance	210m	Stop	Ucc College Rd Gate	Route	205	Destination	St. Patrick Street	Provider	Bus Éireann
Type	Bus	Distance	210m	Stop	Ucc College Rd Gate	Route	205	Destination	Kent Train Station	Provider	Bus Éireann
Type	Bus	Distance	250m	Stop	Denroche's Cross	Route	216	Destination	University Hospital	Provider	Bus Éireann
Type	Bus	Distance	260m	Stop	Ucc Food Science	Route	205	Destination	Kent Train Station	Provider	Bus Éireann
Type	Bus	Distance	260m	Stop	Ucc Food Science	Route	205	Destination	St. Patrick Street	Provider	Bus Éireann
Type	Bus	Distance	260m	Stop	Ucc Food Science	Route	205	Destination	Mtu	Provider	Bus Éireann
Type	Bus	Distance	280m	Stop	Denroche's Cross	Route	216	Destination	Monkstown	Provider	Bus Éireann