Home Ireland Donegal Letterkenny Burnside Apartments, Letterkenny, Co. Donegal

Burnside Apartments, Letterkenny, Co. Donegal

POA Energy Rating F92EK11
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Description

Sherry FitzGerald Paul Reynolds are delighted to bring to the market this excellent investment opportunity. We are offering for sale 9 no. two bedroom apartments within the centrally located Burnside complex at Lower Main Street, Letterkenny. All apartments are currently leased on a 20 year lease Which commenced in 2019 Offering a yield of in excess of 5% Tenant is an Approved Housing Agency.

Accommodation

General Accommodation - Hallway - 3.0m x 1.3m Open Plan Kitchen/Dining/Living Area - 8.25m x 3.5m . Bedroom 1 - 3.5m x 3.0m Bedroom 2 - 3.0m x 2.6m Shower Room -

Features

  • 9 No. two bedroom apartments
  • Central location on Lower Main Street, Letterkenny
  • Constructed 1997
  • Electric storage heating
  • Currently leased on a 20 year lease due to cease 2039
  • 3 yearly reviews last review seen 9.38% rent increase
  • Annual service charge 900.00 per apartment
  • Tenant is an Approved Housing Agency

BER Details

BER: D2 BER No: 105863799

Negotiator

Joseph Reynolds
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Sherry FitzGerald Paul Reynolds
Sherry FitzGerald Paul Reynolds
Tel: 074 9...
PSRA Licence No. 001168

Date created: May 28, 2024

Sherry FitzGerald Paul Reynolds
Sherry FitzGerald Paul Reynolds
PSRA Licence No. 001168
Joseph Reynolds
Tel: 074 9...
Call Agent: 074 9...