Investment properties proving popular with purchasers
DNG Flanagan Ford are reporting a strong demand from investors for properties that are yielding a good return currently. They have on their books a number of properties that are ticking all the boxes for investors ie good rental returns, fully managed & hassle free properties, & high occupancy rates.
Estate agent Marie McDonald commented ‘ We have recently received instructions to sell a number of student accommodation apartments located within a short stroll of IT Sligo. These apartments, at Yeats Village & Clarion Village, offer investors a truly hassle free investment while also providing strong rental returns. Both developments are well established student accommodation schemes & both enjoy high occupancy rates throughout the academic year due to their close proximity to IT Sligo. Indeed, they also prove very popular with holiday makers in the summer months as self- catering accommodation, as Sligo town centre is within easy reach, as are all of the wonderful tourist attractions in the region.’
Marie continued, ‘ In Yeats Village we currently have 3no. three bed apartments for sale with guide prices of € 75,000. There are bids well in excess of the guide price on two of these units currently. The net rental income for these 3 bed units for the period October 2015- April 2016 was € 6,558.68 . We also have 2no. three bed apartments for sale in Clarion Village which is operated in a similar manner to Yeats Village. These properties are on the market with guide prices between € 62,500 & € 75,000. The net rental income for these 3 bed units for the period September 2015- April 2016 was € 4,055.57. We would urge any potential investor who is considering their options to contact us without delay as we expect these properties to sell quickly.’
Marie and the team at DNG Flanagan Ford can be contacted as follows: Marie McDonald 087 2721367; Shane Flanagan 087 2461062; Tess Monaghan 086 3999062; Office 071 9159222.