Flat market chance

INVESTORS looking for residential properties are few and far between at the moment but a few may be tempted out of the woodwork…

INVESTORS looking for residential properties are few and far between at the moment but a few may be tempted out of the woodwork by this house at 45 Seapoint Avenue in Monkstown. It’s a stately double-fronted pile with views of the sea and, more importantly, no less then seven income-producing flats.

A total of 465 sq m (5,000 sq ft) is divided into a series of studios, one and two beds, many of them with tall sash windows, working shutters and original fireplaces.

The entire house has been recently refurbished, as has the good sized back garden. There are four parking spaces in front of the house.

Charles Broadhead of Lisney is asking €1.8 million for the property which is currently producing €96,000 in rent.