City property has potential to generate €38k in rent
O’Donnellan & Joyce are handling the sale of a well-located 6/7-bedroom terraced house located on the Upper Newcastle Road in Galway.
According to the agents, this is an ideal gilt-edged investment property, because it is located a stone’s throw from NUI Galway and University Hospital.
Selling agent Alan McKenna said: “It is ideally positioned on excellent road, bus and transport networks, bringing all of Galway’s amenities and services to its doorsteps within moments.
“It is presented in excellent condition throughout and offers spacious accommodation over three levels.”
The ground floor accommodation comprises a spacious entrance hallway with access to a downstairs toilet, a front sitting room with feature fireplace or optional bedroom, a second sitting room to the rear, an ample kitchen with access to a utility room and second bathroom with shower.
Continuing up onto the first floor, the property offers four fine sized bedrooms, a separate toilet and a main bathroom. The property also offers two further rooms contained in the attic with double glazed windows overlooking the rear garden.
Outside, the property offers off-street parking to the front with parking for multiple cars and a private rear garden with direct vehicle access to the rear, offering further parking potential.
“This wonderful property offers generous space, an excellent location and ample yield return for suitable investors. This property would prove to be the ideal owner occupier residence, a gilt edged investment or alternatively or holiday home for those seeking ease of access of Galway City,” said Mr McKenna.
He said it could generate up to €38,000 in rent per annum.
The asking price is €375,000. The BER Rating is G. For further information or to arrange a viewing, contact O’Donnellan & Joyce Auctioneers on 091 564212. There is an open viewing this Saturday from 11am to 12pm.