NO. 3 BELLEVUE HOUSE, BELLEVUE TERRACE, MILITARY HILL, CORK

€365,000 Guide Price
  • Type: Terraced House
  • Availability: For Sale
  • Parking: On Road Parking
  • Tenure: Freehold
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Property Summary

Its rare that these investment properties come on the market as they are mainly new builds and more expensive but I think it is a gem of a property with a great return.

The building consists of 7 bedsits and 4 bathrooms to facilitate them. There is a fire escape to the rear and all the apartments have separate meters, the bathrooms have coin meters as they are communal. There is a fire alarm as well. The building is pre 63 and is being bought as it.

All the units are currently rented and some with HAP so it can be sold with or without the tenants. The rent roll is €37k per annum. The building has plenty of potential, you either keep as is or upgrade and therefore increase your rent roll or indeed change the configuration.

GROUND FLOOR

2 bedsits, 1 bathroom and I bedsit with a bathroom in it – back door to the back yard.

First floor

2 bedsits and 1 bathroom

Second floor

2 bedsits and 1 bathroom