22 Apartments At Priory Quay

• Estimated Market Rent €335,400
• Rental Yield of 12.7%
• 9 Apartments Currently Rented

An Exceptional Residential Investment Opportunity 22 Apartments for Sale

Priory Quay, Priory Lane, New Ross, Co. Wexford

An outstanding opportunity to acquire a substantial residential investment portfolio comprising 22 apartments at Priory Quay, New Ross.

Arranged across two blocks, the portfolio comprises 7 one-bedroom and 15 two-bedroom apartments, ranging in size from approximately 40 to 76 sq m.

The development enjoys a highly accessible town-centre setting, within walking distance of shops, services, amenities and the scenic riverside boardwalk.

Of particular interest to investors, 13 apartments are currently vacant, offering considerable flexibility to establish a new letting strategy, while the remaining nine occupied apartments provide an existing rental income stream.

The scale of the offering, mix of apartment types and central location combine to create a compelling opportunity for investors seeking to establish or expand their residential property holdings in New Ross.

Investment Highlights

Portfolio of 22 self-contained apartments across two blocks.

Mix of one and two-bedroom accommodation.

13 vacant apartments offering immediate letting potential.

Nine occupied apartments providing an established rental income stream.

Individual apartment sizes ranging from approximately 40 to 67 sq m.

1 - Bed Apartment €1,100pcm

2 - Bed Apartment €1,350pcm

Estimated annual rental income at full occupancy: €335,400

Currently Generating €150,600

Rental Yield 12.7%

Established residential development with residents' parking.

Convenient access to New Ross town centre and local amenities.

Additional Information

Services: All mains services and electric heating.

Management Fee: €1,441.85 per apartment annually.

BER: E1 to C3.

Viewing: Strictly by prior appointment.