Apartment 87, Cratloe Wood Student Village, Limerick City, Co. Limerick

Student Accommodation Investment Opportunity

Annual Net Return: Approx. 9,000 P.A

LOCATION
Cratloe Wood Student Village is a secure gated student village superbly located off the Old Cratloe Road, within 600 m of TUS, Moylish Campus, 600 m of the new Northern Ring Road, 1.9 km from the TUS Coonagh Cross Campus/ N18 and 3.1 kms from Limerick City Centre.

Built in the early to mid 2000's Cratloe Wood Village, comprises 235 recently refurbished apartments set within the vast landscaped grounds.

DESCRIPTION
No. 87 comprises a ground floor apartment extending to approximately 74 sq. mtrs. (797 sq ft.), accommodating three bedrooms (one ensuite), bathroom and a bright and spacious open plan living room/kitchen.

All apartments are secured with a Salto Key Fob system.

There is ample car and bicycle parking throughout the village.

Features within the village include a Staffed Reception,

Onsite Security, Games Room and Laundry Room.

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 for the current academic year is approximately 8,691, which is subject to change.

The village is fully booked for the current academic year.

BER Details: C3
BER Number: 110222445
Energy Performance Indicator: 216.26 kWh/m/yr

FEATURES
Fully managed hassle free investment with an annual return of Approximately 9,000.
Walking Distance of TUS
Fully booked for current academic year 2023/2024

These particulars are issued by PMI on the understanding that any negotiations relating to the properties mentioned are conducted through PMI. Every care was taken in preparing these particulars however PMI do not hold themselves responsible for any inaccuracy in the particulars and terms of the properties referred to or for any expense that may be incurred in visiting same should it prove unsuitable or have been let, sold or withdrawn. Applicants are advised to make an appointment through PMI before viewing and are respectfully requested to report their opinion after inspecting. Should the above not be suitable, please inform us of your requirements. Any reasonable offer will be submitted to the vendor for their consideration.