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€70,000
2 beds
1 bath
Apt No 3
The Archway
Newcastlewest
Co. Limerick
V42 X920
Description
AUCTION DATE: THURSDAY 11TH JUNE AT 11AM. REGISTRATION FOR THE AUCTION CLOSES ON WEDNESDAY 10TH JUNE @ 4PM.
Sherry Fitzgerald Stack present this modern two-bedroom first-floor apartment, ideally positioned in the heart of Newcastle West town — an excellent opportunity for both investors and owner-occupiers alike.
Located just 200 meters from the town square, the property enjoys exceptional convenience with every amenity on its doorstep, including shops, restaurants, schools and transport links.
Open market rent qualifying apartment - previously rented at €1,000 per month, this property offers an immediate and attractive income potential, making it a compelling choice for investors seeking a strong yield in a high-demand rental location.
The accommodation is well laid out and comprises an entrance hallway, bright open-plan kitchen/dining/living area, two double bedrooms and main bathroom. The property is connected to all mains services and benefits from electric heating.
To the rear, the property boasts the added advantage of off-street parking along with pedestrian access directly onto Maiden Street — further enhancing its appeal and convenience.
Properties in such a central and sought-after location rarely come to the market, making this a unique opportunity not to be missed. Early viewing is strongly advised and strictly by appointment only.
Features
Open market rent qualifying apartment
Modern apartment with a town centre location
Just 200m from the town square a stones throw to all local amenities
Constructed circa 2007
Off street parking available to rear
Pedestrian access directly onto Maiden Street
Rooms
Kitchen / Dining / Living Room 6.35m x 2.62m oak effect fitted kitchen, wall & floor tiles & window
Bedroom 1 3.48m x 2.89m double with solid pine flooring & window
Bedroom 2 3.46m x 2.13m compact double room with solid pine flooring & window
Family Bathroom 2.01m x 1.66m pumped shower, wall & floor tiles, whb, w/c & window
BER Information
BER Number: 104956586
Energy Performance Indicator: 190.61
About the Area
Newcastle West (Irish: an Caisleán Nua Thiar) is the largest town in the county, excluding Limerick city, and sits on the River Arra which flows into the River Deel. Newcastle West is in the middle of a great bowl-shaped valley in West Limerick. The crest of the town carries the image of a wild boar. Newcastle West is on the N21 road from Limerick to Tralee, between Rathkeale and Abbeyfeale.
Many people who work in Limerick City live in Newcastle West and its environs and commute the 42 kilometres (26 mi) daily. However, Newcastle West itself is now a large centre of employment with a strong business and entrepreneurial culture. Large to medium employers include Pallas Foods, Rettig Myson, Ballygowan Spring Water and Filtertek. Hundreds are employed in the retail stores including local and international multiples. In recent times, there has been national success stories in e-business from local companies like HuntOffice.ie and IrishTourism.com, who are growing information technology skills and employment in the emerging knowledge economy of the town.
Today, Newcastle West is situated on the Irish National primary road - N21, where it is joined by the R520, R521 and R522 regional roads. Newcastlewest is forty minutes drive from Limerick City and an hour from Killarney. It is within 1 hours drive of Shannon, and Kerry International Airports, and 2 hours from Cork Airport.
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