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28 Cherrywood, Castletown, Celbridge, Co. Kildare

€ 210,000
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For Sale

FOR SALE BY AUCTION
28 CHERRYWOOD, CASTLETOWN, CELBRIDGE, CO. KILDARE

Selected Top 10 International Selling REMAX Agent for 2017, Team Lorraine Mulligan of RE/MAX Results welcomes you to this three-bedroom property. This property enjoys a quality sitting tenant for over 7 years and is being sold with the tenant in situ. This property is nestled in a quiet cul de sac in the heart of Castletown this home gives the discerning buyer the opportunity to live just off the Demesne of Castletown. This home is ideal for an investor.

The accommodation comprises of kitchen/dining, sitting room, 3 bedrooms (2 being double rooms), bathroom and a garage.

The property is being sold with tenants in place and offers an attractive rental of c. €19,800 pa/ €1650 pcm. This can be increased by 4% per year allowing for a rent of €20,592 which offers a yield of c. 10%.

“Castletown” is a mature, highly sought-after development. The spectacular “Castletown Estate”, comprising of an unspoiled beautiful woodland and the historic “Castletown House” is nestled just within the grounds of “Castletown”, located at the top of Celbridge Village. No. 6 benefits from all the scenic area has to offer, whilst being on the doorstep of excellent local amenities, supermarkets such as Tesco, Lidl & Aldi, schools, sports clubs, a newly built Primary Care Centre with pharmacy, public transport and minutes’ access from the M4 interchange.

If you have a similar property and you are looking to sell, please call our office on: (01) 6272770 for a valuation.

Please email office@teamlorraine.ie to book a viewing.

ACCOMMODATION

KITCHEN: 4.04m x 3.14m
Fitted kitchen, tiled splashback area, stainless steel sink, area fully plumbed, oven, hob, extractor fan, floor covering.

SITTING ROOM: 5.8m x 3.18m
Coving, feature fireplace, carpet, t.v. point.

HALLWAY:
Light fitting, carpet on stairwell.

LANDING:
Light fitting, hot press with immersion and shelving, carpet, attic access.

BEDROOM 1: 4.01m x 3.08m
Fitted wardrobes, carpet.

BEDROOM 2: 3.6m x 2.3m
Fitted wardrobes, carpet.

BEDROOM 3: 2.5m x 1.7m
Fitted wardrobes, carpet.

BATHROOM: 2.3m x 2.1m
Light fitting, wall tiling, floor covering, W.C., W.H.B., electric “Triton T80” pumped electric shower over bath.

FEATURES EXTERNAL:
• PVC double glazed windows
• Landscaped mature gardens
• Raised flower beds
• Side garage
• Property located in a quiet cul de sac
• Shed

Buying VS Renting
Based on a 90% Loan to value rate 3.15% variable:

Term Cost per thousand borrowed
20 years 5.62%
25 years 4.82%
30 years 4.30%
35 years 3.39%

So, as an example:
Purchase price: €240,000
90% mortgage
€240,000 over 30 years (240,000 x 4.30) = €1,032 per month

CURRENT RENTAL AMOUNT: €1,650 pcm

SQUARE FOOTAGE: C. 75 sqm / C. 800 sqft

HOW OLD IS THE PROPERTY: C. 45 years

BACK GARDEN ORIENTATION: West facing

BER RATING: D1

BER NUMBER: 112521547

SERVICES: Mains water and mains sewerage

HEATING SYSTEM: Oil fired central heating

Starting Bid and Reserve Price
*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.

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. The buyer will be granted 28 days from the date of exchange to complete the purchase. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Building Energy Rating (BERs)
Building Energy Ratings (BERs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home 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 homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

County:
Country: Ireland
Property Id : 15507
Price: € 210,000
Property Size: 75 m2
Bedrooms: 3
Bathrooms: 1
Year Built: 1974
back yard

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