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5 Belgrave Terrace, Ranelagh, Dublin 6

5 Belgrave Terrace, Ranelagh, Dublin 6


Price
€1,575,000

Type
Commercial

Status
For Sale

Size
223 sq. m

BER
BER G

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Description

Martin Property Consultants is thrilled to present a substantial period investment opportunity positioned in the heart of Rathmines, one of Dublin’s most established and consistently sought-after rental locations.

5 Belgrave Terrace, Mountpleasant Avenue Upper, Rathmines, Dublin 6 comprises a fully vacant multi-unit residential building containing 9 self-contained units, offering investors the opportunity to refurbish and enhance a prime residential asset in Dublin 6.

Extending across a handsome period property, the accommodation consists of:
4 x One-Bedroom Apartments
5 x Studio Apartments

The property benefits from functioning fire compliance measures, common areas throughout and presents an excellent opportunity for investors seeking strong rental potential in a high-demand location.The building is being sold with vacant possession, allowing a purchaser immediate flexibility in refurbishment works and future letting strategy.*Excellent rental potential with estimated income of c. €178,000 per annum achievable following upgrading/refurbishment works. BER ratings range from E to G across the units.

Belgrave Terrace is ideally positioned just off Mountpleasant Avenue Upper in the heart of Rathmines, Dublin 6. The area is exceptionally well served by public transport, local amenities, cafés, restaurants, shops and educational institutions, while Dublin City Centre is within walking distance.

Investment Highlights
Substantial period investment building
9 self-contained residential units
Vacant possession
Prime Dublin 6 location
Mix of studios and one-bedroom apartments
Excellent rental potentialFunctioning fire compliance measures in place
Excellent asset management and refurbishment opportunity
Strong rental demand in the locality

*Figures and measurements provided are estimates only and subject to refurbishment works and prevailing market conditions. Strong investment profile with potential gross yield of approximately 11.3% based on estimated rental income of €178,800 p.a. and asking price of €1,575,000*

Explore other properties and sales history in Ranelagh.

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