10 Yield 3%, 27 Fontenoy Street,

For sale by Kelly Bradshaw Dalton via the iamsold Bidding Platform

Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

MULTI UNIT INVESTMENT PROPERTY / 10.3% YIELD / CENTRAL PHIBSBORO LOCATION / RED BRICK

This excellent investment opportunity comes to the market incorporating 4 self contained residences and is ideal for an investor or home and income buyer seeking a strong rental yield in the heart of Dublin 7.

The accommodation briefly comprises 3 self contained apartments plus an attached 4 bedroom maisonette style residence to rear.

Each of the 3 self contained units comprises a living room come kitchen, a double bedroom and a bathroom.

The location of the property is second to none with the City Centre and Phibsborough Village within a five minute walk. Only a mere stroll from the new Grangegorman College Campus, The Phoenix Park, The Four Courts and King's Inns, there is a vast selection of amenities in close proximity. Public transport links are well provided for with numerous bus routes to Dublin City Centre and surrounding areas. The Smithfield Luas stop is within walking distance and the M50 is also easily accessible by car.

Potential Rent Breakdown

1/27 Fontenoy Street €1,736.00 Rent Last Set 06Dec2023

2/27 Fontenoy Street €1,159.00 Rent Last Set 11Jun2024

3/27 Fontenoy Street €1,278.00 Rent Last Set 14Jun2024

27A Fontenoy Street €3,500 - Market Rent for 4 Bed Residence (Currently in 2 units)

Total Potential Monthly Rent: €7,673
Total Potential Annual Rent: €92,076
YIELD 10.3% @ Guideprice of €895,000

Features
Strong Rental Yield c.10.3%
Excellent location with a very strong rental demand
Red brick property
Double Glazed windows
Easy Rented Units

BER and Size Details:

27 A FONTENOY STREET
BER C2 / BER no. 111324026
Floor Area: 114.43 (m2)

FLAT 1 27 FONTENOY STREET
BER G / BER no. 107548661
Floor Area: 38.8 (m2)

FLAT 2 27 FONTENOY STREET
BER G / BER no. 107548661
Floor Area: 23.4 (m2)

FLAT 3 27 FONTENOY STREET
BER G / BER no. 107548554
Floor Area: 20.5 (m2)

Directions
From Phibsborough, turn left onto North Circular Road, then turn right onto Berkeley Road continue onto Mount Street, then turn right onto Fontenoy Street. No. 27 Fontenoy Street is located at the end of the street on the left hand side clearly marked by the Kelly Bradshaw Dalton For Sale sign.

TO VIEW OR MAKE A BID Contact Kelly Bradshaw Dalton or iamsold, www.iamsold.ie

Starting Bid and Reserve Price

*Please note all properties are subject to a starting bid price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the sale, which is powered by iamsold.

Auctioneer's Comments

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. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Building Energy Rating (BERs)

Building Energy Rating (BERs) give information on how to make your home more energy efficient and reduce your energy costs. All properties bought, sold or rented require a BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that a property could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All properties are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Please contact us for more information about this property.

BER Details

BER Rating: C2

BER No.: 111324026

Energy Performance Indicator: Not provided