There is great potential to be realised in this terraced property (c.116sqm/.1,248sqft) currently laid out in 4 x 1 bedroom apartments; 2 at ground floor level and 2 on the first floor. This property enjoys a superb location , overlooking the promenade and seafront at the rear. The garden (c.157sqm/c.1,690sqft), on two levels, is laid out mostly in grass and offers scope for extension or indeed a possible separate residence subject to the necessary planning approval.
Each apartment comprises spacious reception room with fitted kitchen units, 1 double bedroom and tiled shower room. Most of the apartments have access to either balcony , terrace or directly onto rear garden. The current rent roll is €1,800 per month but with a little attention to cosmetic improvements and modernisation this income could be exceeded.
Vehicular access at the rear is another huge benefit and this mature area of Wicklow Town is extremely popular as the Main Street is less than 5 minutes walk away and the pier and Wicklow Harbour are around the corner. The numerous facilities of the town are on ones doorstep The vast amenities of Wicklow Town are within walking distance ,, shops, restaurants and a choice of supermarkets. Transport networks from the town are excellent with a choice of bus and train service , access to the N.11/M.11 and M50 connection is less than five minutes from Wicklow Town.
11.07% Gross Rental Yield
Investment property with huge potential
4 x 1 bedroom apartments
Overlooking seafront at the rear
Current rent roll = €1,800 per month with room to improve
From Main Street , having past our office , keep left at Y junction and continue onto Bridge Street with Bridge Hotel on the right. Having crossed over the bridge take 2nd right onto Bath Street 1st left onto Upper Strand Street. No 4 is on the right. An REA Forkin For Sale sign is erected at the front.
By appointment only with REA Forkin (Wicklow) 0404 61933.