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BER D1

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

Learn more

Hillside and Salmon Court, Abbey Street, Ballina, Co. Mayo, F26 W3F4

€575,000
Investment Property For Sale | 
  • Overview
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Overview

Property Description:

The Connacht Property Auction in partnership with Gerry Rowland Auctioneer.

Offered at bids over €575,000

Huge investment opportunity ideally located in the town of Ballina and close to the Town Cathedral and the famous fishing River Moy.

Hillside - Five x1 bed, fully self-contained units. Four 1-bed & one 2 bed. One has a separate entrance. Comes with bunded oil tank, boiler house and utility/storage room to the rear. All units fully furnished and let.

Salmon Court - Consists of Two x 2 bed semi-detached townhouses & Two large modern apartments. One 1-bed & one 2-bed. With separate entrances. All fully furnished.

There is a paved area to the rear of both houses and also a separate shed. Salmon Court was designed and fitted out to Failte Ireland, 4 star self catering standard. It is accessed through electronic gates and there are 6 designated parking spaces shared between Hillside & Salmon Court.

This Property has huge Rental Potential, given its superb location, so close to the Town Centre combined with very secure parking. Ideal as Self Catering or perfect Airbnb accommodation.

The current rent is €51,320 p.a with one 2 bed Town House vacant at present with a current market rent of €8,100 a year once tenanted.
The rental achievable now is €59,420 per annum once fully let.
Lease details can be provided upon request.

There is definitely potential to increase rental income further if some or all of the units were managed for self-catering or air B&B.
Salmon Court units were previously managed for self-catering and were very popular given their location and secure off street parking.

Approx. 15 minute drive to the seaside resort of Enniscrone and a 40 minute drive to Knock Airport. All units are fully furnished and let.

BER Details:
1 Salmon Court €" BER E1 / BER no. 112513924
2 Salmon Court €" BER E1 / BER no. 112513924
3 Salmon Court €" BER D2 / BER no. 112513908
4 Salmon Court €" BER D2 / BER no. 112513916
5 Salmon Court €" BER E1 / BER no. 112513940

1 Hillside €" BER E1 / BER no. 112514039
2 Hillside - BER D1 / BER no. 112513973
3 Hillside - BER F / BER no. 112514013
5 Hillside - BER E2 / BER no. 112513965

TO VIEW OR MAKE A BID- Contact The Connacht Property Auction or visit www.connachtpropertyauction.ie
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. The buyer will be granted 28 days from the date of exchange to complete the purchase. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

BER Details

BER D1

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

Learn more
What's this?
BER No 112513973

Daft Property Shortcode:

https://www.daft.ie/5906534

Date Entered/Renewed:

19/11/2019 (today, 3 hours 23 minutes ago)

Property Views:

107
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Map Legend:

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Address:

Hillside and Salmon Court, Abbey Street
Shane May Photo

Shane May

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Hillside and Salmon Court, Abbey Street, Ballina, Co. Mayo