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Apartment 323 City Campus, Block 12, Lord Edward Street, Limerick


Type
Apartment

Status
Sale Agreed

BEDROOMS
4

BATHROOMS
2

BER
BER
C1
BER No: 101370500
EPI: 167.6 kWh/m2/yr

Description

REA Dooley Group are delighted to introduce to the market this four bedroom top floor apartment located within the popular student complex of City Campus. The campus is a fully managed, designated student accommodation complex, located within easy reach of Mary Immaculate College and the city centre. Each apartment (225 in total) has been designed and constructed to specific standards to meet the requirements of this market.Accommodation comprises: Spacious open plan kitchen living area; 4 large bedrooms ; 2 Shower rooms, all secured with Smart Card Access. Ample Free car parking, laundry facilities, 24 house security and on Site Reception facilities. Each bedroom has a built-in wardrobe and desk.

The service charge is currently €2878.80 for 2023-2024 apportioned over 9 months.
The complex is operated on a pooled rental scheme for students only occupying during the academic year.
Net return to owners is approximately €14500 per annum.
Secure gated entrance to complex with communal parking

All maintenance and upkeep is taken care of by the on site management company, resulting in a hassle free, secure return with minimal investment of time. All tenants are sourced through the management company at their own discretion. Please note that new owners cannot manage the property themselves and must remain as part of the rent pooled scheme.

Note: M & C Property are the management company in charge of this complex. They collect the rent (Gross) and deduct the Service Charges and the balance (Net) is transferred to owners in 4 payments throughout the year.

To be sold with tenants in situ (tenants no affected)

DISCLAIMER: These particulars are given on the strict understanding that they will not form part of any contract. Whilst every care has been taken in preparing these particulars no responsibility is taken for any inaccuracies or errors. All enquiries and negotiations through REA Dooley Group only

Features

  • Ideal investment opportunity
  • Designated student accommodation
  • 4 bed room / 2 shower room
  • Ample secure parking
  • High level of security in complex
  • Private Balcony
  • Current net return to owners circa €14500 per annum
  • Built c. 2004
  • Apartment measures circa 66 sq.m
  • Gas fired central heating & double glazed windows

Accommodation

Entrance Hall
Carpet Flooring

Balcony - 15'7" (4.75m) x 2'10" (0.86m)
Top Floor

Open Plan Kitchen/Dining/Living Room
Balcony, Kitchen & Living room tiled floor
Sliding Doors to Balcony

5.17 x 2.32
2.94 x 2.35

Bedroom 4 - 9'10" (3m) x 9'11" (3.02m)
Carpet flooring, built in wardrobe and single bed

Shower Room 2 - 6'5" (1.96m) x 4'11" (1.5m)
Tiled Floor, wc, shower, wc and whb.

Bedroom 1 - 9'6" (2.9m) x 8'9" (2.67m)
Carpet flooring, single with built in wardrobe and desk.

Bedroom 2 - 7'0" (2.13m) x 11'10" (3.61m)
Carpet flooring, desk and built in wardorbe. Single Bed.

Bedroom 3 - 10'6" (3.2m) x 7'7" (2.31m)
Carpet flooring, single bed, desk and built in wardrobe.

Shower Room 1 - 4'6" (1.37m) x 6'10" (2.08m)
Tiled floor, wc, whb and shower.


Note:
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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