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For sale by Rooney Auctioneers 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.
We are delighted to introduce to the market this 4-bed, 2nd floor student apartment which presents an opportunity to earn a healthy rental return on your investment. This year owners will have received approx. €14,500 in rental income (net after all costs).
City campus is a fully managed, designated student accommodation complex located within easy reach of Mary Immaculate College and Limerick City Centre.
The property itself has been designed and constructed to specific standards to meet the requirements of this market. Each bedroom has a built-in wardrobe and desk and there are 2 shower rooms within the property. An open plan living / Dining / Kitchen Area with sliding doors to the front of the unit completes the accommodation.
The City Campus complex is fully managed and is entered through secure access gates.
Directions: From Limerick City travel up O'Connell Avenue and turn left at Bobby Byrnes Pub on to Wolfe Tone Street. At the t junction at the top of this street turn right and then take the next left. The gates of City Campus will be facing you.
Accommodation:
Open plan Living / Kitchen / Dining Area, 4 Bedrooms, 2 Shower Rooms.
Property Features
Walking distance to Mary Immaculate teacher training college.
Purpose built and managed student complex.
Gas central heating.
Secure gated access.
Close proximity to Limerick City Centre.
BER C1 / BER No. 101410967
*** Please note the images used are stock images of an apartment in the City Campus Complex and not the exact apartment in sale***
TO VIEW OR MAKE A BID Contact Rooney Auctioneers or iamsold, www.iamsold.ie
*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.
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) 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.
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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 €4,500.00 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.
For further information or to speak to one of our team, please call 021 234 9696.
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.
