Seventeen one- and two-bed apartments in D8 for sale
Earls Court development near Coombe and St James’s
Earls Court in Dublin 8: Seventeen of the 70 apartments are on sale at a total guide of €3 million, or €176,000 each. Photograph: Ryan Photography
Earls Court, D8: Seventeen one- and two-bedroom apartments are for sale for €3 million total, representing a return of 7.1 per cent
Seventeen of the 70 apartments in the high-profile Earls Court development in Cork Street, Dublin 8, are to be offered for sale from Wednesday at a guide price of €3 million. At that figure, the units will be valued at €176,000 each and will show a return of 7.1 per cent, according to Enda Moore of selling agents Hooke & MacDonald.
Twelve of the apartments come with two bedrooms and extend to between 62.5 and 72.5sq m. The five others are one-bedrooms with a floor of 46 to 48sq m. With rents in the area averaging €1,600 for two-bedroom apartments and €1,250 for one-bedroom units, Hooke & MacDonald says the portfolio has a current annual rental value of €305,400.