For Sale by Private Treaty

Transcription

1 For Sale by Private Treaty Twelve Own Door Apartments Asking Price 500,000 FOR SALE IN ONE LOT Current rental income 66,900 per annum Westbury Woods Enniscorthy Co Wexford Apt 3, 4, 5, 6, 11, 12, 13 & 14 Apt 7, 9, & 10 Apt 8 sherryfitz.ie

2 EXCELELNT INVESTMENT OPPORTUNITY 12 one & two bedroomed own door Apartments FOR SALE IN ONE LOT Comprising 8 two bedroomed and 4 one bedroomed apartments. Current rental income 66,900 per annum. Laid out in two - double storied blocks. Two bedroom units comprise: large sitting room/kitchen, 2 bedrooms, 1 en-suite and bathroom extending from 72 to 74 sq mts approx. One bedroom units comprise: sitting room/kitchen, bedroom and bathroom extending from 49 to 54 sq mts approx. Electric storage heating, double glazed pvc windows. Fully let TENANCIES & RENTAL The occupancy in the scheme has remained high over the past few years. The two blocks are 100% occupied and at present the rental market is strong in the region with rents increasing due to continued demand and low level of supply on the market. There are only 9 properties available to rent in Enniscorthy Town at present. Unit No Type of Unit Size (sq ft) Annual Rental Income Apt 3 2 bed 5,760 Apt 4 2 bed 5,760 Apt 5 2 bed 5,760 Apt 6 2 bed 6,720 Apt 7 1 bed 5,040 Apt 8 1 bed 5,160 Apt 9 1 bed 4,500 Apt 10 1 bed 4,680 Apt 11 2 bed 5,760 Apt 12 2 bed 5,760 Apt 13 2 bed 6,240 Apt 14 2 bed 5,760 Total circa 66,000

3 WESTBURY WOODS, GREENVILLE LAND, ENNISCORTHY View of the estate below with the apartment blocks identified in red.

4 ENNISCORTHY The population in Co Wexford is 145,135 citizens with Enniscorthy being one of the largest Towns located in the heart of the County within a well-populated catchment area. Enniscorthy Town is a vibrant market town that offers variety and value to the local population and visitors alike. This heritage town is well placed for substantial growth over the coming years and Enniscorthy is about to receive a major injection of state investment of just under 350m with the extension of the M11 motorway currently in progress and the imminent flood relief scheme, both of which will enhance the attractiveness of the town as a location to work, live and visit. Indigenous companies based in County Wexford include DoneDeal, Kents Engineering and Slaney Foods with global overseas brands with operations in County Wexford such as ClearStream Technologies, Danone, BNY Mellon and Zurich. WESTBURY WOODS Westbury Woods estate was constructed in 2005/2006 and is situated in an excellent residential location with convenience store opposite the main entrance to the estate. LOCATION The properties are conveniently situated in an excellent residential address on the North West of Enniscorthy Town within close proximity of the town centre, national bus and railway station. The current extension of the M11 motorway will bring substantial benefits bring Dublin within a little over one hours driving distance, making it a more commutable place for individuals working within the South East region.

5 For sale on the Instruction of Receivers: Duff & Phelps (Ireland) Ltd Molyneux House, Bride Street, Dublin 8 Legal: MASON HAYES & CURRAN South Bank House, Barrow Street, Dublin 4. Viewing Contact: Sherry FitzGerald O'Leary Kinsella 11 Slaney Street Enniscorthy Co Wexford Negotiator: Michael O'Leary T: E: sfol@wexproperty.ie Viewing by appointment. sherryfitz.ie Directions From N11 at Blackstoops roundabout/bmw garage, take last exit, proceed to next junction and turn right, after some 50 meters keep left and Westbury Woods will be on your left hand side opposite convenience store. Conditions to be noted: 1 These particulars do not constitute an offer or contract or any part thereof and none of the statements contained in the particulars as to the property is to be relied on as a statement or representation of fact. 2 The vendor does not make or give Sherry FitzGerald O'Leary Kinsella or its staff authorised to make or give any representation or warranty in respect of this property. 3 All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy himself/herself by inspection or otherwise as to the correctness of each of them. 4 In the event of any inconsistency between these particulars and the contract of sale, the latter shall prevail. 5 The terms, Vendor and Purchaser, where the context requires shall be deemed to refer to Lessor and Lessee and Landlord and Tenant respectively. Auctioneers Licence Number