** ATTENTION LANDLORDS / SAVVY INVESTORS SEEKING TO INCREASE THEIR PORTFOLIO **
Shane Finn of DNG Creedon auctioneers is delighted to present an amazing investment opportunity with this 4 bed mid terrace property in the heart of Cork City. Although the property is in need of full internal modernisation, it represents a superb opportunity for the right buyer to renovate and live in the heart of the city centre.
Internally, the property measures in excess of 1119 sq ft / 103 sq m in size. This property is situated in one of Cork's most accessible addresses. This property is best suited to the investment market even though a substantial capital investment is necessary it will be easily acheived with a reserve price of just €50,000! This allows the keen and sharp eyed investor to make a profit once the works are completed.
This property has never been rented so should you decide to renovate the property and place it on the rental market there is no rent cap so you can achieve the current rental value for this property. This property is located within walking distance to the centre of Cork city at a mere 1.7km and Blackpool is just 1km. It is on a main bus route and is within close proximity to all local amenities.
The property consists of Ground Floor: Entrance hallway, the old shop area, living room, kitchen. bedroom, kitchen, living room, First Floor: 2 double bedrooms and a second living room Second Floor: 2 double bedrooms.
Michael Creedon, for themselves and for the vendors or lessors of the property whose Agents they are, give notice that: (i) The particulars contained herein are set out as a general outline for the guidance of intending purchasers or tenants, and do not constitute any part of an offer or contract and are not in any way legally binding. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person in the employment of DNG Michael Creedon has any authority to make or give representation or warranty whatever in relation to this development. (iv) The particulars contained herein are confidential and are given on the strict understanding that all negotiations shall be conducted through DNG Michael Creedon. (v) DNG Michael Creedon disclaims all liability and responsibility for any direct and/or indirect loss or damage which may be suffered by any recipient through relying on any particular contained in or omitted from the aforementioned particulars.