Yield 10.3% - 27 Fontenoy Street, Phibsborough, Dublin 7

For sale by Kelly Bradshaw Dalton via the iamsold Bidding Platform Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment. MULTI UNIT INVESTMENT PROPERTY / 10.3% YIELD / CENTRAL PHIBSBORO LOCATION / RED BRICK This excellent investment opportunity comes to the market incorporating 4 self contained residences and is ideal for an investor or home and income buyer seeking a strong rental yield in the heart of Dublin 7. The accommodation briefly comprises 3 self contained apartments plus an attached 4 bedroom maisonette style residence to rear. Each of the 3 self contained units comprises a living room come kitchen, a double bedroom and a bathroom. The location of the property is second to none with the City Centre and Phibsborough Village within a five minute walk. Only a mere stroll from the new Grangegorman College Campus, The Phoenix Park, The Four Courts and King's Inns, there is a vast selection of amenities in close proximity. Public transport links are well provided for with numerous bus routes to Dublin City Centre and surrounding areas. The Smithfield Luas stop is within walking distance and the M50 is also easily accessible by car. Potential Rent Breakdown 1/27 Fontenoy Street €1,736.00 Rent Last Set 06Dec2023 2/27 Fontenoy Street €1,159.00 Rent Last Set 11Jun2024 3/27 Fontenoy Street €1,278.00 Rent Last Set 14Jun2024 27A Fontenoy Street €3,500 - Market Rent for 4 Bed Residence (Currently in 2 units) Total Potential Monthly Rent: €7,673 Total Potential Annual Rent: €92,076 YIELD 10.3% @ Guideprice of €895,000 Features Strong Rental Yield c.10.3% Excellent location with a very strong rental demand Red brick property Double Glazed windows Easy Rented Units BER and Size Details: 27 A FONTENOY STREET BER C2 / BER no. 111324026 Floor Area: 114.43 (m2) FLAT 1 27 FONTENOY STREET BER G / BER no. 107548661 Floor Area: 38.8 (m2) FLAT 2 27 FONTENOY STREET BER G / BER no. 107548661 Floor Area: 23.4 (m2) FLAT 3 27 FONTENOY STREET BER G / BER no. 107548554 Floor Area: 20.5 (m2) Directions From Phibsborough, turn left onto North Circular Road, then turn right onto Berkeley Road continue onto Mount Street, then turn right onto Fontenoy Street. No. 27 Fontenoy Street is located at the end of the street on the left hand side clearly marked by the Kelly Bradshaw Dalton For Sale sign. TO VIEW OR MAKE A BID Contact Kelly Bradshaw Dalton or iamsold, www.iamsold.ie Auctioneers Comments: This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.