Ballsbridge Victorian renting at €96,000 for sale for €3.3m-plus

Five-bed on Clyde Road expected to attract families, investors and embassies

23 Clyde Road, Ballsbridge, D4: The Victorian property, on a residential lease until March 2020, is for sale of €3.3 million-plus.

23 Clyde Road, Ballsbridge, D4: The Victorian property, on a residential lease until March 2020, is for sale of €3.3 million-plus.

 

An elegant Victorian home at 23 Clyde Road, Ballsbridge, Dublin 4, is expected to attract considerable interest from investors as well as families looking for a prestigious residence when it goes for sale from today through the Lisney agency.

Christopher Belton of Lisney is seeking offers in excess of €3.3 million for the two-storey over-basement house, which was refurbished and extended in 2008, and is now rented at €96,000 per annum.

While the house is let on a residential lease until March 2020, the tenant has a rolling break option subject to 30 days prior notice. Belton is expecting a significant uplift in value to more than €4 million once vacant possession has been obtained.

The five-bedroom house has a larger-than-usual floor area of about 581sq m (6,254sq ft), including an extension with two bedrooms and a leisure area at basement level featuring an air conditioned gymnasium. The first-floor accommodation includes a modern kitchen as well as a livingroom and diningroom. There are parking facilities in the front garden as well as at the rear.

Belton says the Victorian mansion is likely to be of particular interest to families returning to Ireland after Brexit as well as to investors and embassies.