Apartment 37, Ashdown Student Village, Ashbourne Avenue, Limerick City, Co. Limerick

Student Accommodation Investment Opportunity

Annual Net Return Approx. 15,000 P.A

LOCATION

Ashdown Student Village is superbly located off Ashbourne Avenue, adjacent to Mary Immaculate College, less than 500 m from the South Circular Road and 300 metres from the Dock Road. This convenient position is within 1.75 of Limerick City Centre. Located within the area are a number of shops, food outlets and services. Built in the early 2000's Ashdown Village comprises 60 recently refurbished apartments set within the vast landscaped grounds. Features within the village include a secure gated entry, CCTV and laundry room.

DESCRIPTION
No.37, is bright and spacious first floor apartment of 91 sq. mtrs. (980 sq ft.) accommodating four bedrooms (one ensuite), bathroom and a bright and spacious open plan living room/kitchen, featuring a sliding PVC door to the steel patio. All apartments are secured with a Salto Key Fob system. The apartment features electric heating, double glazed windows and benefits from Wi-Fi available throughout the site. Finishes include tiled/carpeted flooring, fitted kitchen/ wardrobes and shelving, tiled bathrooms together with mainly plastered and painted walls

THE INVESTMENT
The properties in the village operate on a pooled rent system, where all maintenance running costs and expenses are deducted from the pooled scheme rent. Profits are divided equally among the pooled owners, with payments made three times over the year. The profit for the current academic year is approximately 14,591, which is subject to change.

FEATURES
Fully managed hassle free investment with an annual return
of Approx. 14,591
Walking Distance of Mary Immaculate College
Fully booked for current academic year

BER Details:C2
BER Number: 16781345
Energy Performance Indicator: 178.67kWh/m/yr

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