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Flat 1, The Cove Flats, Waterford City, Co. Waterford

€ 460,000 Apartment For Sale | 5 Bedrooms | 4 Bathrooms
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Property Overview:

  • 5 Bedrooms, 4 Bathrooms
  • For Sale by Private-treaty
Date Entered/Renewed: 24-10-2019 ( 85 days ago )

Property Description:

SUPERB RESIDENTIAL INVESTMENT PROPERTY
An excellent investment opportunity has arisen to purchase an apartment block on the Dunmore Road with full occupancy. The Cove Apts are conveniently located on the Dunmore Road beside the Cove Bar and directly opposite the Uluru Bar & Restaurant and University Hospital Waterford.
A range of amenities are within walking distance including Ardkeen Shopping Centre, Aldi, Lidl and Tesco to name but a few.

The property is divided into 4 apartments with x one beds on the ground floor and 1 x one bed and 1 x two bed on the first floor. The building has been well maintained and presents in excellent repair throughout. The property sits on a substantial site and there is ample private parking to the front. To the rear is a large garden which could offer potential for further development subject to the relevant planning permission.




ACCOMMODATION


Ground Floor

APT 1 - 1 Bed

APT 2 - 1 Bed


First Floor

Apt 3 - 1 Bed

Apt 4 - 2 Bed


RENTAL INCOME

The building generates 30,000 per annum broken down as follows:

Apt 1 - 450 per month

Apt 2 - 750 per month

Apt 3 - 400 per month

Apt 4 - 900 per month

Facilities:

  • Gas fired central heating
  • Double glazed PVC
  • Mains water
  • Mains sewerage