Excellent opportunity to acquire a 2 bedroom ground floor apartment in a fully managed student scheme. This is an ideal investment property with a strong rental return.

Two bedroom ground floor apartment with open plan kitchen/living/dining area in the student accommodation development of Clarion Village next to IT Sligo. The development is a fully managed scheme & enjoys ample parking throughout.

Please note that by purchasing this property you become a member of the Management Company & will be required to pay an annual service charge for the maintenance and upkeep of the common areas in a multi-unit complex. The service charge may increase following the expiration of any warranties. You may have to pay into a sinking fund to cover future major maintenance and repairs to the common areas of the multi-unit complex.

Rental Income:
We have been advised the normal net rental income is between €6,000 and €6,500 per annum. Please note that the complex has an active management company, M&C Property. By purchasing this property you become a member of the Management Company & will be required to pay an annual service charge.

Management Fees 9% +VAT of the rental income during the academic year 14% + VAT of the rental income during the summer months.

Please note that the video & photographs are library images only.

Clarion Village is located in a highly convenient setting within a few minutes walk of ATU Sligo. It is located to the rear of the Clayton Hotel. Clarion Village is also within a short distance of Sligo town centre. This is a fully managed student accommodation scheme.

Accommodation

Entrance Hall (3.28 x 13.78 ft) (1.00 x 4.20 m)

Finished with carpet flooring.

Kitchen/Dining/Living Area (9.84 x 22.31 ft) (3.00 x 6.80 m)

Fully fitted kitchen with tiled floor & backsplash. Living/dining area has carpet floor with French patio doors which open to the rear of the building.

Bedroom 1 (10.50 x 18.04 ft) (3.20 x 5.50 m)

Finished with carpet flooring, built in wardrobes, study desk & en suite.

En-Suite 1

With WC, WHB & corner shower.

Bedroom 2 (8.86 x 15.42 ft) (2.70 x 4.70 m)

Finished with carpet flooring, built in wardrobes, study desk & en suite.

En-Suite 2

With WC, WHB & corner shower.