62, 63&64 Gleann Riada,
Athlone Road, Longford Town, N39AN37
1 Bed Apartment
Guide Price €295,000
1 Bedroom
1 Bathroom
1 Reception
Property Overview
Status
For Sale
Style
Apartment
Bedrooms
1
Bathrooms
1
Receptions
1
Property Features
Size
37 sq m (398 sq ft)
Tenure
Not Provided
Property Financials
Price
Guide Price €295,000
Stamp Duty
€2,950*²

DNG McGill have just brought to the market this centrally located investment property just off the N5 at Gleann Riada. This Investment package contains 3 No Fully let apartments 2 No 1 bed units and 1 No 2 Bed duplex unit. The units are let under an Index linked rental scheme from Longford Co Co under a 20 year lease commenced in 2018. Under this scheme the (tenant) Longford Co Co will hand back the property in 2038 in the similar condition as first let in 2018. The rents are index linked with an initial rent of 1260 pm for the 3 No units for first 12 years and 1360 pm in yr 13. The 3 No apartments are situated in a well-managed apartment complex. This 3 No unique apartments all come with their own front doors and large communal garden and 1 unit its own side garden. Full details of rent increases etc are available from the selling agents DNG McGill Longford and Carrick on Shannon.
