38 to 41 Glebe Manor.Block of 4x2 bed,1 to 2 bath, Glebe Manor, Glebe Manor, Whitegate, Co. Cork
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38 to 41 Glebe Manor.Block of 4x2 bed,1 to 2 bath, Glebe Manor, Glebe Manor, Whitegate, Co. Cork


2 Bed

1 Bath

74 m²


Property Overview

  • 4 units of this property type available in this development


    Part of New Development at Glebe Manor

  • Overall Floor Area: 74 m²
Available immediately with vacant possession, Hennessy Properties are delighted to offer this block of 4 apartments which is just a short stroll from the picturesque waterfront in the lovely seaside village of Whitegate, East Cork. P25 N635 OWN YOUR HOME FOR MUCH LESS THAN RENT EVEN AT CURRENT HIGHER INTEREST RATES. 5 year 3.4% fixed rate 35 year Green Mortgage (source BOI 21/4/23) Apartment price €249,000 Help to Buy 10% -€24,900 Borrow 90% €224,100 Mortgage payments €906 per month. Plus you receive 3% or €6,723 tax-free cash from your Lender. Help to Buy Grant (HTB). Revenue has confirmed the 2 upper floor apartments, nos.40 and 41 qualify for the First Time Buyers Help to Buy Grant (HTB). You can get a HTB grant of 10% of the total cost of each apartment. The 4 apartments in this block in the nicely maturing Glebe Manor Estate can be sold individually, collectively or as the entire block of 4. All 4 apartments are facing the new beautiful green area to the front. The 2 upper floor apartments, nos.40 and 41 have just been newly completed internally and are ready for occupancy. Both apartments enjoy sea views to the rear and the new communal green area to the front. The apartments are being offered with parking spaces. F O R I N D I V I D U A L B U Y E R S Revenue has confirmed the two first floor apartments are eligible for the HTB scheme for First Time Buyers under which Purchasers can receive up to 10% of the purchase price as a Tax Free cash grant. FOR B U Y E R S O F T H E B L O C K O F 4 You can suffer close zero interest having your money in the Bank and further suffer erosion of the purchasing power of your money in these inflationary times OR You can receive passive income of €64,800 p.a minimum if you buy this block of 4 turnkey apartments. Rent €1,350 x 4 x 12 = €64,800 p.a. If Rent is €1,500 x 4 x 12 = €72,000 p.a OR Control your own pension performance: You can use your pension to buy the block to receive rents 100% Tax Free. Commuting times to Cork city from Whitegate will soon be dramatically reduced as the Dunkettle Interchange will be a free-flow Interchange.
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Daft ID: 113386070

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Bernard Hennessy

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