High yielding investments with DNG Maxwell Heaslip & Leonard

No 12 Amhra House, Woodquay.

No 12 Amhra House, Woodquay.

The team at DNG Maxwell Heaslip & Leonard, are delighted to have their doors open once again and are currently experiencing a very brisk period with some excellent results being achieved across the board. Having fully embraced and adapted to the new way of conducting business and viewings, while adhering to Government and industry regulations, they have received super feedback from both buyers and vendors. The company's 3D virtual tours proved to be an invaluable tool throughout the lockdown and indeed continue to be an integral component of all sales, offering the benefit of a complete virtual experience of properties from the comfort of your own home.

The company currently has a number of outstanding investment opportunities available throughout Galway city, which all offer an impressive return for the discerning investor. From apartments in Riverside close to the city centre, which are also excellent holiday home options, to hassle free student accommodation investments, there is something below for all buyers.

No 1 Dun Uisce, Pump Lane, Dominick Street Upper, Galway

Asking price €250,000. Estimated annual income: €21,600.

A truly wonderful riverside apartment located just off Dominick Street, adjacent to the canal in Galway's West End, away from the bustle of the busy streets, yet just a short stroll from all that the vibrant city centre has to offer. This well presented three bedroom duplex apartment extends to approximately 720sq ft and offers a spacious living/dining room/kitchen which leads on to a small balcony, three bedrooms, and two bathrooms, and is accessed via a secure gated entrance. This unit is sure to generate plenty of interest, as it is an ideal holiday property, which would also generate a high rental yield, as demand in this area is always strong.

No 12 Bridgewater Court, Dominick Street, Galway

Asking price €250,000. Estimated annual income: €18,000.

An ideal opportunity to acquire a two bedroom city centre apartment located just off Dominick Street in Galway’s West End, only a short walk from NUIG, UHG, the Latin Quarter, Shop Street, the Spanish Arch, and Salthill Promenade. Part of a purpose-built secure development, this first floor unit comprises c610sq ft of living space and is in walk-in condition. Being offered to the market with its own door entrance, it boasts two double bedrooms with built-in wardrobes and a newly refurbished bathroom. Again, another ideal holiday property which will also generate a high rental yield.

No 10 Portmore, Spanish Arch, Galway

Asking price €255,000. Estimated annual income: €18,000.

Number 10 Portmore is situated on the first floor of this O’Malley built development and offers well-proportioned accommodation, comprising an entrance hall, open plan living/dining room/kitchen, two bedrooms, one with an en suite, and a main bathroom. The apartment has been completely modernised throughout with new internal doors, floors, carpets, kitchen, and bathrooms. Portmore boasts an unrivalled location at the Spanish Arch and adjacent to Quay Street in this most vibrant part of Galway city, with Salthill, NUIG, and UHG all also within walking distance. Another prime city centre, high yielding investment.

No 12 Amhra House, Woodquay, Galway

Asking price €195,000. Estimated annual income: €16,800.

This city centre, two bedroom top floor apartment is located in St Brendan’s Avenue in Woodquay, just off Eyre Square, with NUIG, UHG, and all city amenities on the doorstep. The property is currently rented and in walk-in condition, with a private underground car park. The apartment has a large open plan sitting room/kitchen/diner, main bathroom, and two bedrooms with built-in wardrobes and the master with a small balcony. Given the central location, you are guaranteed a strong rent for 12 months of the year.

No 76 Gort na Coiribe, Headford Road

Asking price €230,000. Estimated net return: €16,180.

Part of an award winning development built by premier builder O'Malley Construction in the early 2000s, No 76 is an impressive three bedroom ground floor apartment located to the rear of the development and overlooking a beautifully maintained green area. Perfectly positioned close to both NUIG and UHG, as well as within walking distance of all of Galway city's amenities and services. This property offers an ideal opportunity as either a holiday home or a gilt-edged investment.

According to residential sales director James Heaslip: “All of these properties offer fantastic investment opportunities with guaranteed returns for the discerning investor. Our city centre apartments are sure to generate plenty of interest as either ideal holiday properties or astute investments, as all would generate a high rental yield with demand in these areas continually strong."

Senior sales agent Kyle O’Brien added: "The student accommodation guarantees a nine month occupation, with the added option of holiday lettings into the summer months. We are already inundated with inquiries from potential tenants looking to secure accommodation. Viewing of any of the above properties is advised and welcome.”

Viewings can be arranged by calling DNG Maxwell Heaslip & Leonard on 091 565261.


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