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73 Cabra Park (Investment Property), Phibsboro, Dublin 7

AMV: €390,000

Investment Property For Sale By Auction EXEMPT


Description

****************ON LINE AUCTION 13TH OF FEBUARY *************
KELLY BRADSHAW DALTON in conjunction with Leinster Property Auctions, bring to the market this “Builders Dream” Residential Investment Property.
This is an ideal opportunity for any investor looking to place their own stamp on an investment of this nature.
It appears that works had commenced and were stopped mid cycle. At present the property is stripped back to its core and is ready for complete refurbishment. Being in need of total refurbishment means that the property is not restricted by current rental caps.
Planning permission (0894/02) was granted on 05th July 2002 to convert the then existing 7 x Bed Sitters into 3 one bedroom flats.
The rental potential for a property in this location, as a fully finished product, should return a min annual income of c.€54,000 PA.
The planning permission read
Construction of rear two story extension to existing three storey dwelling currently in 7 no. flats, to include new windows to existing gable elevation, modification to internal lay-out to form 3 no. self contained 1 bedroom apartments at No. 73 Cabra Park, Dublin 7.
Cabra Park is located close to the heart of Phibsboro Village with the New Luas line within walking distance. These factors make this a potentially perfect residential investment.
Due to the nature and the condition of the subject property, viewings will be carried out by appointment.

Features

Multi Unit Investment Property
Refurbishment Opportunity to imput ones own stamp
Outside the rent Control Cap
Superb Location
Corner Site

BER Details

BER: Exempt

Accommodation

Planning permission (0894/02) was granted on 05th July 2002 to convert the then existing 7 x Bed Sitters into 3 one bedroom flats.
The rental potential for a property in this location, as a fully finished product, should return a min annual income of c.€54,000 PA.

Directions

Driving into Phibsboro on the Navan Road, continue towards St. Peter's Church and at the church turn left on to St. Peter's Road. Take the 1st left into Cabra Park and take the next left. No 73 will be located on the right hand corner and marked clearly with an Auction Sign

Viewing Details

Due to the nature and the condition of the subject property, viewings will be carried out by appointment.