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1, 2, 3 The Gables, Watercourse Road, City Centre Nth, Cork City

€855,000

Investment Property 3920 ft² / 364.18 m² For Sale EXEMPT


Description

1-3 The Gables comprises 3 terraced 3-bed, 2 bath, 3-Storey rental properties. All properties are rented with a monthly rental income of €4,420 per month / €53,040 per year. The properties are very well kept by tenants. Properties 1 and 3 have long leases established and property 2 leased since June 2022.

The subject property is located along Watercourse Road in the centre of Blackpool. it is under 1Km North of Cork City Centre surrounded by multiple bus routes. Blackpool Shopping centre is 0.77km North of the property with occupiers such as McDonalds, Dunnes Stores, Sports Direct, Etc.

Features

€53,040 rental income per annum
Well kept modern properties
5 minute drive from Cork City centre.

BER Details

BER: Exempt

Accommodation

1 The Gables
This property is located along the Watercourse Road and comprises 1,220 sq.ft. The property has 3 beds, 2 baths, Kitchen/ Living room with a mixture of tiled, carpeted and timber floors. There is a small yard to the rear with a small timber shed for external storage.

2 The Gables
Similar to 1 the gables this property is located around the corner on Popes road but still a part of the terrace and has 3 bedrooms and 2 bathrooms. The property comprises 1,050 sq.ft. It has a Kitchen / Living room with tiled and carpeted floors. The property has a small rear yard with a small timber shed for storage.

3 The Gables
This is the largest of the 3 properties comprising of 1,650 sq.ft also along Popes Road. The property has 3 beds and 2 bathrooms with a separate kitchen and living room and is furnished to high standard. The property has a small rear yard with a small timber shed for storage.

Viewing Details

By appointment only