Lot 6218052, Apt, 2 Block 1 Riverwalk, Inner Ring Road, Waterford City, Co. Waterford, X91A466

Investment Opportunity - Student Accommodation.

Three Bedroom, Three Bathroom, Ground Floor Apartment of c. 69 Sqm.

Net income 2024 E9,215 = 6.35% Net Yield

Three-Bedroom, Three Bathroom, Ground Floor Apartment, situated within a professionally operated student and summer letting complex. Located on the inner ring road in Waterford, Riverwalk is operated on a pooled rent scheme and all apartments are fully managed, giving the property owner a hassle free 'hands off' property investment with a growing annual return. The Net return for this property in 2024 was E9,215.77 after all letting fees, management and service charges. Each property has been fitted out to accommodate the student and short-term summer lettings market. Apt. No. 2 Block 1 extends to c. 69 Sqm. and comprises three large bedrooms all of which are en-suite and with a study area, together with open plan kitchen and living area. With lift access to all floors, each building, apartment and individual bedroom has key card security access. Located on the inner ring road in Waterford, Riverwalk is situated within easy walking distance of SETU Waterford, The College Street Campus, Waterford City Centre and a host of local amenities.

FOR FURTHER INFORMATION AND VIEWING ARRANGEMENTS, PLEASE CONTACT DNG REID & COPPINGER AUCTIONEERS 051 - 852233