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6 & 7 Saint Annes, Lower Dangan, Co. Galway, H91 P7YF

  • Auction
  • Ireland
  • Multi-Family
  • Commercial

Guide Price €420,000

Bidder Security €7,000 *fully refundable if unsuccessful bidder
Auction Date 24 October
Bidding Opens 08:00 (GMT+1)
Bidding Closes To be Confirmed

Property Viewings

Please contact us to discuss viewings for this property.
Phone
+353 (0) 1 667 3388
Email
info@ie.bidx1.com
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Property Summary

  • A prime multi unit residential investment opportunity.
  • Comprising two adjoining semi-detached houses.
  • Both proprties extending to 108 sqm (1,162 sq ft). 
  • Located on the outskirts of Galway City.
  • Ample car parking to the front.
  • Entire property single let.
  • Lease expiry July 2047.
  • Total current rent reserved €24,000 per annum.
  • Gross Annual Yield 5.70%.

Contact Us

Robert Hefferon
Robert Hefferon
Property Agent, here to help.

Contact Us

Robert Hefferon
Robert Hefferon
Property Agent, here to help.

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Property description

The property comprises a portfolio of two x semi-detached houses situated within a residential development of 7 x houses on the outskirts of Galway City. The properties benefit from ample off street car parking to the front and a rear garden.

The subject property is located off the N59 within close proximity to National University of Ireland, Galway. The property is also situated 3km north west of Galway City centre with multiple transport links.  

Tenancy

The subject property is single let to an individual on a 30 year FRI lease from 1st August 2017 at an annual contracted rent of €24,000. The lease allows for 5 yearly CPI linked rent reviews. 

Additional Details

House No. AccommodationSq. M. Sq. Ft Annual Rent 
62 Bedroom Semi-Detached House1081,162Single Let
72 Bedroom Semi-Detached House1081,162Single Let
Total 2162,324€24,000

 

All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.

VAT

Please refer to Legal Documents

BER Rating

D1 - D2

BER Identification Number

109068247

Energy Performance Indicator

253.76 kWh/m2/yr

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*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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