Apt.21, Dundalk Student Village, Dundalk Institute of Techno...Sale Agreed
Description
DNG Duffy offer to market a student investment unit with vacant possession.
Greenpark is a student complex of over 100 plus units catering for the student market. No. 21 is a 2nd floor apartment.
The apartments are fully furnished throughout and offer a brilliant opportunity to rent directly on the DKIT campus.Each apartment has five single bedrooms with two bathrooms.The kitchen is fully fitted out with all modern conveniences and also boasts a comfortable living area with balcony.
Green Park is located on campus of Dundalk Institute of Technology.Dundalk Town Centre is a ten minute walk with all available amenities including; shops, restaurants and bars.
The property is located a short walking distance to DKIT college, Louth Hospital and is approximately ten minutes walking distance to Dundalk town centre. Access to the M1 is less then 1km.
With the student market buoyant, this unit should appeal to the landlord market offering yield of 12% approx.
Features
Each apartment has 5 bedrooms with sharing of 2 shower rooms
Fully furnished - bedrooms are equipped with single bed, study desk, chair,lamp & fitted wardrobes
High speed Vodafone Broadband access
On site laundry facility with coin operated machines
Located minutes from DKIT
Large spacious accommodation
Caretaker on site
Possible net yield of 10%
BER Details
BER: C2
BER No.109923201 Energy Performance Indicator:319.97 kWh/m²/yr
Directions
Coming from Xerox go straight through the lights, take left in towards Crowne Plaza, go through the round about and take next left and follow the road around to the student accommodation.
Viewing Details
Strictly by prior appointment with sole selling agent DNG Duffy - email: yourhome@dngduffy.ie or phone: 0429351011
Owners Management Company (OMC)
As an owner of this property you will become a member of the Management Company, which manages this property. You will be required to pay an annual service charge (which may increase once warranties expire) for the upkeep of the common areas, and to pay into a sinking fund to cover future major maintenance of the common areas”
Annual Fee €2,259.00 approx
Income
The unit currently producing a Gross rental income of €18,050 for the academic year (September 2017 to May 2018).
Rooms
Kitchen 5.2m x 4.5m
Bedroom 1 5.2m x 3.0m
Carpet
Bedroom 2 5.1m x 2.6m
Carpet
Bedroom 3 5.1m x 2.6m
Carpet
Bedroom 4 4.0m x 2.6m
Carpet
Bedroom 5 4.0m x 2.7m
Carpet
Bathroom 1 2.5m x 2.0m
Bathroom 2 2.5m x 2.0m
Store Room 1 1.8m x 1.0m
Store Room 2 1.5m x 1.4m
