Purchased property located on Dublin's North Strand Road, sourced by members of the Buckley team, the property was in need of total refurbishment throughout and had a passing rent of zero per annum. Buckley structured and executed the deal from start to finish
Four self contained units implemented (see specifics below)
Brought to Rental Market
The below rents were achieved within 3 weeks resulting in a yield of 24%.
Rent per month
Total per month
Total per year
A derelict property has been transformed to a high yield residential property close to the heart of Dublin's city centre. Turnover was achieved in 3 months, both the capital value and the yield has been raised resulting in an attractive investment for any prospective buyer or indeed for the owner to hold.
Total investment: €305,000
Original passing rent: €0
Current passing rent: €72,000
Valued by idependent valuer in April '17 at €610,000
Total uplift: €305,000
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