Investment Yield 14%, 29 Glenveagh Court, Letterkenny Town

3 Bedroom ApartmentContract Deposit Applies
This auction has ended!
   
Final Bid:
€155,000.00
  • Overview
  • Particulars
  • Agent Details
  • Deposit & Charges Explained

Property Overview

For sale by Glen Estates: Estate Agent Donegal via the iamsold Bidding Platform 

Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsold.ie. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

**No defective block testing has been carried out at this property as not necessary as defects arising from defective building materials are covered under the government 'Interim Remediation Scheme' for apartments constructed between 1991 and 2013.**

Discover this stylish 3-bedroom apartment, featuring one ensuite, nestled in a highly desirable complex located in the vibrant center of Letterkenny.

The current rent being achieved is €1755 pm / €21,060 pa giving a strong rental yield of over 14%.

This modern living space offers the perfect blend of comfort and convenience, making it an ideal choice for those looking to enjoy all that this bustling town has to offer.

Partially glazed hardwood front door leading to entrance hallway with vinyl flooring. A staircase leading to the apartment entrance hallway which is 2.10ft x 23.6 with carpet flooring.

Open plan kitchen, dining and living area is 26.3ft x 14.10ft.
The living area has timber flooring. Enjoying views over Letterkenny town centre.
The kitchen area has tiled flooring with extensive wall and base kitchen units. Stainless steel single sink and drainer unit with mixer taps over, with a tiled surround. Integrated four ring electric hob and oven with an extractor hood over. Plumbed for a dishwasher and washing machine.

Bedroom one:
13.7ft x 11.2ft.
Carpet flooring, built in wardrobe with hanging and shelving space. Enjoying views over Letterkenny town centre.
Ensuite with a tiled floor. White two-piece suite. Tiled splash back over wash hand basin. Shaver light over wash hand basin. Separate fully tiled shower cubicle with glass shower enclosure and a mains shower.

The hallway there are storage cupboard proving ample storage.

Bedroom two:
12ft x 11.3ft.
Carpet flooring. Fully glazed door leading to a paved outdoor balcony area.

Bedroom three:
14.2ft x 10.2ft
with timber flooring.

Main bathroom has tiled floor and a white three – piece suite. Tiled splash back over wash hand basin. Bath surround is fully tiled, with a mixer shower over the bath.

Outside there are lifts servicing all floors and communal bins which are included in the service charge.

The service charge is €1,500 per annum. Including block insurance, refuse, maintenance of the common areas.

BER D1 / BER No. 114784184

Floor Area: 110.22 m2

TO VIEW OR MAKE A BID Contact Glen Estates: Estate Agent Donegal or iamsold, www.iamsold.ie

Starting Bid and Reserve Price

*Please note all properties are subject to a starting bid price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the sale, which is powered by iamsold.

Auctioneer's Comments

This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Building Energy Rating (BERs)

Building Energy Rating (BERs) give information on how to make your home more energy efficient and reduce your energy costs. All properties bought, sold or rented require a BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that a property could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All properties are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Please contact us for more information about this property.

Glen Estates: Estate Agent Donegal

Local Branch: Unit 3 Glenview Business Park, Donegal, F92P 277
Head Office: Unit 3 Glenview Business Park, Donegal, F92P 277

Deposit & Charges Explained

Investment Yield 14%, Letterkenny Town, F92PK07

Online Auctions

A non-refundable contract deposit of 10% (minimum deposit of €6,500.00) is required to be paid by the successful bidder for this property.

A Bidder Security Deposit of €6,500.00 is required to be pre-authorised from the bidders debit or credit card through the payment facilities on the auction website when registering to bid. A bidder has also the option of transferring the minimum deposit amount by bank transfer to iamsold's client account to authorise them to bid on the Online Auction (please note, this option may take several days).

The pre-authorisation amount will only be captured from the successful bidder on acceptance of their bid. This will form part of the non-refundable part payment contract deposit.

Any balance of the full contract deposit must be paid by the successful bidder to iamsold within 48 hours of acceptance of their bid. The deposit balance can be paid by debit/credit card, or same day bank transfer to iamsold's client account.

All unsuccessful bidders will have their pre-authorisations released OR their bank transfer refunded within 5 working days of conclusion of an auction or withdrawal of the Lot from the Online Auction.

Bidders are required to pay a non-refundable €50.00 (including 23% VAT) registration fee per property they register to bid on.

 

Need More Information?

For further information or to speak to one of our team, please call 01 687 5040.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction or public auction and bids made prior to public auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.

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