A one-bedroom apartment in a prime Dublin 4 location has just come on the market by private treaty through Sherry FitzGerald at €550,000. Number 33 The Oaks is at Herbert Park Lane, a striking curved apartment development that incorporates the Herbert Park Hotel in the heart of Ballsbridge overlooking the River Dodder and the park.

Apartments don't come up too often in this scheme, particularly because the developers held onto to a large number of units themselves as an investment.

Rental yields are good with one-bedroom units renting at €1,350 per month for an average fit-out.

With a more expensive fit-out one-bedroom apartments here make closer to €1,500 per month in corporate lets. The annual management fee of €1,400 is levied on the apartment.

Number 33 is on the third floor with a balcony that catches the afternoon sun. More importantly it comes with car-parking and separate lock-up storage.

Accommodation includes a bright sittingroom with southerly balcony, fitted kitchen, bathroom and double bedroom with wardrobes.