Summerlee House, Woodside, Tivoli, Cork

€1,850,000

Beds
Price	€1,850,000
Property Type	Investment Property
Size	312.3 meters²
Energy Rating	BER-B1-B3
Refreshed on	Jul 9, 2024
Eircode	T23YY43
Group Name	ERA Downey McCarthy
Sales License Number	002584

Description

ERA Downey McCarthy take great pleasure in offering this excellent, recently renovated, waterfront residential opportunity to the investment market. The property is located on the corner of Trafalgar Hill and Woodside. This is a sought-after location adjacent to Lower Glanmire Road, which remains within 2.4 km of the city centre. Summerlee House comprises an end-of-terrace three storey building with adjoining two storey annex, on a spacious site. Convenient vehicular access is available from Woodside, while pedestrian access is also available at first floor level from Trafalgar Hill. The building has been adapted to accommodate 6 No. 'own-door' apartment units in a mix of 1 and 2 bedroom layouts. The entire has recently undergone a full refurbishment completed in May 2024, to include external wrapped insulation, new windows and doors, new kitchens with integrated appliances, new bathrooms and all new plumbing, new heating systems and full redecoration to include new flooring and joinery. This offering is presented to the market with vacant possession throughout.

Accommodation

Apartment 1: entrance hall, living / dining room, kitchen, 2 bedrooms, bathroom - 64 sq.m. Apartment 2: duplex unit, kitchen / dining / living room, 2 bedrooms, bathroom - 72 sq.m. Apartment 3: entrance hall, kitchen / living room, 1 bedroom, bathroom - 33 sq.m. Apartment 4: entrance hall, living / dining room, kitchen, 2 bedrooms, bathroom - 59 sq.m. Apartment 5: entrance hall, living / dining room, kitchen, 2 bedrooms, bathroom - 57 sq.m. Apartment 6: duplex unit, entrance hall, kitchen / living room, 1 bedroom en-suite - 20 sq.m.

Features

Investment property with full vacant possession Potential initial market rent of €130,000 p.a. approx. 6.8% N.I.Y. Initial market rent available (no RPZ restriction) Superb water front location Recently renovated throughout 6 No. own door apartments in easily managed complex Secure gated entrance Mix of 1 and 2 bedroom, single floor and duplex units Secure landscaped car park with space for 6 No. vehicles Total site area extending to 0.06 Ha. (0.15 acre)

BER Details

BER: B1 - B3

Directions

Please see Eircode T23 YY43 for directions

Disclaimer

The above details are for guidance only and do not form part of any contract. They have been prepared with care but we are not responsible for any inaccuracies. All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy himself / herself by inspection or otherwise as to the correctness of each of them. In the event of any inconsistency between these particulars and the contract of sale, the latter shall prevail. The details are issued on the understanding that all negotiations on any property are conducted through this office.

Summerlee House, Woodside, Tivoli, Cork

€1,850,000

Description

Accommodation

Features

BER Details

Directions

Disclaimer

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