Apt 14, Block 2 The Village, Clarion Road, Sligo, County Sligo , F91 C963Guide price €90,000
3 Bedroom Student Accommodation Apartment
3 bedrooms with 3 ensuites in purpose built and fully managed student accommodation complex.
In excellent condition throughout. Well maintained with tiled and carpet floors
Located on the 1st floor of Block 2 in Clarion Village, this is an excellent investment opportunity for those that do not want to deal directly with their tenants. Investments such as this provide an excellent yield on your money and in addition you have the opportunity to purchase a property that will continue to increase in value.
Clarion village is located within walking distance of Sligo IT, Sligo University Hospital and The Clayton Hotel. The complex is fully contained for all student requirements with ample communal parking, and an excellent Management Company.
The Management Company operate a pooled rental system which involves an annual service charge for maintenace and upkeep of the common areas and individual units. A sinking fund is also in operation to cover any future major maintenance and repairs for this multi unit complex.
Nett rental income for 3 bed, 3 ensuite apartments in academic year 2019-2020 was approx €6,500. This was however much less in academic 2020-2021 due to Pandemic, but it is expected to return to normal conditions in the next academic year 2021-2022.
Kitchen/Living area: 7m x 2.5m - full fitted - leading onto balcony area outside.
B/R 1: 3.2 m x 4.1m plus ensuite 1.7m x 1.5m
B/R 2: 2.6m x 2.2m plus ensuite 1.5m x 1.7m
B/R 3: 2.2m x 2.7m plus ensuite 1.5m x 1.7m
For viewing and other details contact agents on 071 9185050 / 0876810848