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149 NORTH CIRCULAR ROAD, Dublin 7

€1,150,000 Energy Rating D07 E0CV 287 m2
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149 NORTH CIRCULAR ROAD, Dublin 7

€1,150,000

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Beds
Price €1,150,000
Property Type Investment Property
Size 287 meters2
Energy Rating BER-Exempt
Refreshed on May 1, 2024
Eircode D07 E0CV

Description

***MULTI UNIT INVESTMENT OPPORTUNITY / PRIME LOCATION / PRIVATE PARKING TO THE REAR / FREEHOLD TITLE / 7.7% YIELD / REDBRICK FACADE / REAR ACCESS / SOLD WITH VACANT POSSESSION*** KELLY BRADSHAW DALTON are delighted to present this fantastic multi-unit investment property which is a period red brick property currently divided into Four Units on 149 North Circular Road, Dublin 7. Presenting an exceptional investment opportunity on the iconic North Circular Road, this historic red brick property offers four distinct units, each brimming with character and potential. With its original features intact and convenient rear access, this property is tailor-made for savvy investors seeking to capitalise on Dublin's thriving rental market. This property, being sold with vacant possession, has an existing rent roll of €88,992 per annum generating a 7.7% YIELD. Through works and re-configuration this property could potentially generate an annual rent of €111,600 or even €121,200 which would net you a 9.7% or 10.5% return respectively. Unit 1: Features a well laid out 1-bedroom apartment with high ceilings, bay window, fitted shaker style kitchen, double bedroom, bathroom, and storage closet. Unit 2: Features a 2-bedroom laid out over 2 floors with a fitted shaker style kitchen, 1 double bedroom to the rear, 1 double bedroom on the 2nd floor and a family bathroom. This unit gives you the unique opportunity to reconfigure it into a 1 bedroom and a seperate studio to maximise your investment. Unit 3: Features 2 double bedrooms, high ceilings, bay window, fitted shaker style kitchen with breakfast bar and a family bathroom. Unit 4: Features high ceilings, bay window, 3 double bedrooms with shaker kitchen, family bathroom and shower room over 2 levels. This unit also provides an opportunity to reconfigure into a 2-bedroom unit and a seperate studio with kitchenette and shower room on its own level. Throughout the property, original period details such as ornate ceiling cornicing, decorative arches, wrought iron railings and classic red brick facades add charm and value, setting these units apart in a competitive market. The rear access and well sized back garden does give the astute investor potential to build a mews property to the rear of 149 SPP. The convenience of the location of this property is second to none - nestled away on North Circular Road it benefits from easy access to the City Centre. 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 & Grangegorman Luas stop is within walking distance & the M50 is also easily accessible by car. Early Viewing comes highly recommended.

Accommodation

Flat 1 - Foyer - 1.96m x 6.01m Hall 1 - 1.96m x 1.40m Living Room - 4.58m x 5.71m Eat-In Kitchen - 2.66m x 3.38m Bedroom - 4.58m x 3.07m Bathroom - 1.89m x 1.52m Hall 2 - 1.83m x 1.52m Flat 2 - Entry - 3.57m x 1.65m Recreation Room - 3.57m x 4.38m Kitchen - 3.14m x 2.85m Bathroom - 1.38m x 2.74m Bedroom 1 - 4.62m x 4.01m Bedroom 2 - 3.57m x 5.72m Hall - 1.80m x 1.14m Flat 3 - Hall 1 - 1.95m x 5.09m Hall 2 - 2.76m x 1.29m Sitting Room - 3.78m x 5.85m Kitchen - 2.40m x 2.14m Hall 3 - 3.58m x 1.08m Bathroom - 0.91m x 1.99m Master Bedroom - 4.59m x 3.37m Flat 4 - Hall 1 - 1.95m x 5.44m Hall 2 - 1.83m x 1.22m Family Room - 3.79m 5.73m Kitchen - 2.50m x 1.29m Bedroom 1 - 2.76m x 3.43m Hall 3 - 2.28m x 1.35m Bathroom - 2.21m x 2.35m Bedroom 2 - 4.59m x 3.22m Room - 3.38m x 5.58m

Features

- INVESTMENT OPPORTUNITY - PRIME LOCATION - FREEHOLD TITLE - REDBRICK FACADE - 7.7% YIELD - REAR ACCESS - SOLD WITH VACANT POSSESSION

BER Details

BER: Exempt

Available to View
May
15
Wed May 15, 1pm - 1.30pm
May
18
Sat May 18, 11am - 11.30am

Description

***MULTI UNIT INVESTMENT OPPORTUNITY / PRIME LOCATION / PRIVATE PARKING TO THE REAR / FREEHOLD TITLE / 7.7% YIELD / REDBRICK FACADE / REAR ACCESS / SOLD WITH VACANT POSSESSION*** KELLY BRADSHAW DALTON are delighted to present this fantastic multi-unit investment property which is a period red brick property currently divided into Four Units on 149 North Circular Road, Dublin 7. Presenting an exceptional investment opportunity on the iconic North Circular Road, this historic red brick property offers four distinct units, each brimming with character and potential. With its original features intact and convenient rear access, this property is tailor-made for savvy investors seeking to capitalise on Dublin's thriving rental market. This property, being sold with vacant possession, has an existing rent roll of €88,992 per annum generating a 7.7% YIELD. Through works and re-configuration this property could potentially generate an annual rent of €111,600 or even €121,200 which would net you a 9.7% or 10.5% return respectively. Unit 1: Features a well laid out 1-bedroom apartment with high ceilings, bay window, fitted shaker style kitchen, double bedroom, bathroom, and storage closet. Unit 2: Features a 2-bedroom laid out over 2 floors with a fitted shaker style kitchen, 1 double bedroom to the rear, 1 double bedroom on the 2nd floor and a family bathroom. This unit gives you the unique opportunity to reconfigure it into a 1 bedroom and a seperate studio to maximise your investment. Unit 3: Features 2 double bedrooms, high ceilings, bay window, fitted shaker style kitchen with breakfast bar and a family bathroom. Unit 4: Features high ceilings, bay window, 3 double bedrooms with shaker kitchen, family bathroom and shower room over 2 levels. This unit also provides an opportunity to reconfigure into a 2-bedroom unit and a seperate studio with kitchenette and shower room on its own level. Throughout the property, original period details such as ornate ceiling cornicing, decorative arches, wrought iron railings and classic red brick facades add charm and value, setting these units apart in a competitive market. The rear access and well sized back garden does give the astute investor potential to build a mews property to the rear of 149 SPP. The convenience of the location of this property is second to none - nestled away on North Circular Road it benefits from easy access to the City Centre. 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 & Grangegorman Luas stop is within walking distance & the M50 is also easily accessible by car. Early Viewing comes highly recommended.

Accommodation

Flat 1 - Foyer - 1.96m x 6.01m Hall 1 - 1.96m x 1.40m Living Room - 4.58m x 5.71m Eat-In Kitchen - 2.66m x 3.38m Bedroom - 4.58m x 3.07m Bathroom - 1.89m x 1.52m Hall 2 - 1.83m x 1.52m Flat 2 - Entry - 3.57m x 1.65m Recreation Room - 3.57m x 4.38m Kitchen - 3.14m x 2.85m Bathroom - 1.38m x 2.74m Bedroom 1 - 4.62m x 4.01m Bedroom 2 - 3.57m x 5.72m Hall - 1.80m x 1.14m Flat 3 - Hall 1 - 1.95m x 5.09m Hall 2 - 2.76m x 1.29m Sitting Room - 3.78m x 5.85m Kitchen - 2.40m x 2.14m Hall 3 - 3.58m x 1.08m Bathroom - 0.91m x 1.99m Master Bedroom - 4.59m x 3.37m Flat 4 - Hall 1 - 1.95m x 5.44m Hall 2 - 1.83m x 1.22m Family Room - 3.79m 5.73m Kitchen - 2.50m x 1.29m Bedroom 1 - 2.76m x 3.43m Hall 3 - 2.28m x 1.35m Bathroom - 2.21m x 2.35m Bedroom 2 - 4.59m x 3.22m Room - 3.38m x 5.58m

Features

- INVESTMENT OPPORTUNITY - PRIME LOCATION - FREEHOLD TITLE - REDBRICK FACADE - 7.7% YIELD - REAR ACCESS - SOLD WITH VACANT POSSESSION

BER Details

BER: Exempt
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Property Price Register
KELLY BRADSHAW DALTON
KELLY BRADSHAW DALTON
Tel: 01 80...
PSRA Licence No. 004564

Date created: May 1, 2024

KELLY BRADSHAW DALTON
KELLY BRADSHAW DALTON
PSRA Licence No. 004564
Emma O'Callaghan / Lisa Brown / Vincent Kelly
Emma O'Callaghan / Lisa Brown / Vincent Kelly
Call Agent: 01 80...