11 46% Yield - 1 Saint Alphonsus Road Lower,

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.

We are delighted to present to the open market, 1 St. Alphonsus Road Lower, Drumcondra, Dublin 9. This is an exceptional semi-detached Pre '63 investment property contains 8 apartments.

The substantial three-bay, three-storey subject property built c.1890 stands proud in one of Dublin’s most sought after locations. Situated in the heart of Drumcondra Village, the well-known Saint Alphonsus' Road leads up to Iona Road.

Due to the superb location, this property provides investors a rare opportunity to secure a significant building in a prime central location, well-positioned to attract high-quality tenants.

Current Rents:
Flat 1 - €1,100
Flat 2 - €750
Flat 3 - €954
Flat 4 - €1,000
Flat 5 - €1,700
Flat 6 - €800
Flat 7 - €1,160
Flat 8 - €1,850
Total Monthly Rent: €9,314 giving an annual income of €111,768 giving a YIELD of 11.5%.

This is an impressive building approached by granite steps with chequered black and red terracotta tiles and cast wrought-iron railings. It will give all those that view it a picture of what could be one of the most spectacular properties in the locality.

The location of this property cannot be overstated; overlooking the grounds of Chapel Gate and located just off the main Drumcondra Road - walking distance to the City Centre. This address is one of the most sought after in Dublin and is located on the primary bus route to Dublin Airport.

Features
Pre '63 Investment Property
Superb, Prominent and Prime Location
Red Brick Property
Each Unit has its own Separate Electricity Metre
Yield of 11.5%

Apartment 1:
BER E2 / BER No. 106206535
Floor Area: 18.21 m2

Apartment 2:
BER G / BER No. 106206543
Floor Area: 18.32 m2

Apartment 3:
BER F / BER No. 106206550
Floor Area: 22.09 m2

Apartment 4:
BER E1 / BER No. 106206576
Floor Area: 19.96 m2

Apartment 5:
BER F / BER No. 106206600
Floor Area: 35.36 m2

Apartment 6:
BER G / BER No. 106206626
Floor Area: 14.6 m2

Apartment 7:
BER G / BER No. 106206634
Floor Area: 35.47 m2

Apartment 8:
BER E2 / BER No. 106206642
Floor Area: 45.48 m2

TO VIEW OR MAKR 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: E2

BER No.: 106206535

Energy Performance Indicator: Not provided