Limerick City Median Price | A112 Brookfield Hall, Groody Road, Castletroy | |
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Map | Street view | Nearby | Property Description: | Excellent investment opportunity with this two bedroom, two en-suite first floor apartment in excellent condition and located in the popular purpose built student village of Brookfield Hall which is only a 10 minute walk from the University of Limerick. The property consists of an entrance hall, spacious open plan kitchen/living/dining room and two bedrooms, both en-suite. It has electric storage heating, double glazed windows, wi-fi & an intercom system to the main entrance. All the furniture and contents are included. Laundry facilities and a TV/Games room are located on site. There is ample free car parking located throughout the apartment complex. The facility is very well maintained and there is a reputable Management Company in place.
Rental income: There is a pooled rent system in operation meaning the rental income is divided equally between all the owners and the amount depends on overall occupancy rates. The complex was fully let for both semesters this year. Income of €3,565 per annum for the next 4 years is guaranteed for this apartment after management fees of €1,696 are deducted. See www.brookfieldhall.com |
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