Kildare apartment to be sold at auction with guide price of €95,000

A Kildare two-bed apartment is set to be sold at auction with a guide price €95,000.

Apartment 12, Ornamental Gardens, Old Town Demesne, Naas draws a current rent of €12,750 a year according to BidX1 who are selling the property online. This is a yield of around 13% a year.

There is an annual service charge of €1,797.

The ground floor property is let to Kildare County Council for a term of 25 years from 5th November 2021 at a rent of €12,750 per annum, subject to 3 yearly HICP linked rent reviews.

The property will be sold at online auction on 5 September. For more information, email robert.hefferon@bidx1.com.