Burnside ApartmentsBurnside Apartments

Burnside Apartments,

Letterkenny, Donegal, F92EK11

Investment Property

POA

BER rating D2
Agent Logo

Contact Property Partners Paul Reynolds

PSR Licence: 001168

+353 74 912 2399

Key Information

Price

POA

Style

Investment Property

BER Rating

BER rating D2

Status

For sale

property description image

Features

  • • 9 No. two bedroom apartments • Central location on Lower Main Street, Letterkenny • Constructed 1997 • Electric storage heating • Currently leased on a 20 year lease - due to cease 2039 • 3 yearly reviews - last review seen 9.38% rent increase • Annual service charge - 900.00 per apartment • Tenant is an Approved Housing Agency

Property Partners Paul Reynolds are delighted to bring to the market
this excellent investment opportunity.

We are offering for sale 9 no. two bedroom apartments within the centrally located
Burnside complex at Lower Main Street, Letterkenny.

All apartments are currently leased on a 20 year lease
Which commenced in 2019

Offering a yield of in excess of 5%

Tenant is an Approved Housing Agency.

Accommodation

General Accommodation

• Hallway 3.0m x 1.3m
• Open Plan Kitchen/Dining/Living Area 8.25m x 3.5m .
• Bedroom 1 3.5m x 3.0m
• Bedroom 2 3.0m x 2.6m
• Shower Room

Directions

Located on Lower Main Street, Letterkenny

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