C.12.5% G.yeild - 14 Ash Meadows, Drumboe Lower, Stranorlar, Donegal, F93 A3K7

The property would be an excellent investment with a potential rent of €1250 pm / €15,000 pa which would give a gross yield of circa. 12.5%. With high demand for rentals in the area and broadband at this property, this will make an ideal investment opportunity. 

We are bringing to the market No.14 Ash Meadows, Drumboe Lower, Stranorlar being sold with Martin McGowan Properties Ltd. on the www.iamsold.ie online bidding platform. 

This property has been tested for mica and has been found to contain higher levels that what would be ideal, up to 5% is mortgageable but the subject house has been found to have 7.5% mica which leaves this property only suitable to a cash buyer.

We have reflected this in our guide price and this home should still represent terrific value, the property is well appointed internally and offer very generous accommodation over two floors, externally there is little evidence of deterioration to the front or rear and just some modest signs being evident to the gable.

This house could still make for a great investment and command a strong rent giving its central location within East Donegal.

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 iamsold to avoid disappointment.