Investment opportunities on the east side of Galway

No 7 An Fiodan.

No 7 An Fiodan.

Sherry FitzGerald currently has a selection of prudent investment properties for sale around Galway city under €250,000. With strong rents and high demand, investing in a house or apartment can be considered a very wise move, and Sherry Fitz has some very interesting options on the market.

No 7 An Fiodan, Doughiska, on the east side of the city is close to a wide range of shops, schools, major employers, and motorways. It is an owner occupied three bed terraced house presented very well throughout and situated in an attractive, well maintained, development just 6km from Galway city centre. There is off street parking to the front overlooking a communal green, and the rear garden can be accessed via a secure lane. Based on the guide price of €250,000 this property could generate returns of approximately 7.5 per cent. The BER is C2, on BER cert no 107036741.

Nearby in Sruthan Mhuirlinne, Ballybane, a lovely three bedroom end of terrace property in a quiet cul de sac near Merlin Park Woods, enjoys a private, south facing position in a pleasant development close to shops, bus routes, and several local amenities. Built in 2005, No 48 is for sale at €190,000 and is presented in excellent decorative order with communal parking to the front and a large rear garden. The property is within 4km of the city centre with easy access to the M6 Galway/Dublin motorway. A possible yield of approximately seven per cent makes this very sound investment. The BER is C1, on BER cert no 109732834

A fine two bed apartment located at Mulvoy Place is another very attractive investment where approximate returns of nine per cent are possible, calculated on the guide price of €185,000. Situated in a small complex of top floor apartments off the Sean Mulvoy Road, No 12 is very accessible to the university, city centre, and several major employment hubs. The property occupies an excellent position in a well managed development and is presented in very good condition with own door access from a secure rooftop courtyard. The BER is D2, on BER cert no 104698832.

Viewing is by appointment with Dermot Gilchrest, Sherry FitzGerald, One Galway Central, Forster Street, Galway, 091 569 123/087 3848895 or email [email protected].

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