Flat 4, 37 Stephen Street, , Waterford City, Waterford

€170,000

Beds	2 beds
Price	€170,000
Property Type
Size	meters²
Energy Rating	BER-G
Refreshed on	Apr 9, 2025
Eircode	X91 AV61
Group Name	Property Partners Barry Herterich (Tramore)
Sales License Number	001285

Description

Excellent city centre duplex apartment currently generating a rent roll of €15,600 p.a. This equates to a 9.2% Yield which is an excellent return on investment and a rent increase is due in August 2025. Annual Management Fee is approximately €1,000 p.a. which is very competitive. Located in a well-maintained and modern development in the heart of Waterford City, this spacious 2-bedroom duplex apartment offers a turnkey investment opportunity with a strong rental return and quality tenant in situ. The apartment is laid out over two levels and comprises an entrance hall, an open-plan kitchen and sitting room, two well-proportioned bedrooms including a master en-suite, and a main bathroom. Bright, airy, and finished to a high standard, the property benefits from contemporary fittings and thoughtful design throughout. The building itself is professionally managed and maintained, ensuring long-term value and peace of mind for investors. Its central location on Stephen Street places it within walking distance of shops, cafes, public transport, and all city centre amenities — making it a highly desirable rental for and tenants alike. Whether you're expanding your portfolio or looking for a low-maintenance first investment, this property is an ideal choice with proven rental performance and strong future potential. The property is being sold with tenant in-situ.

Accommodation

The apartment is laid out over two levels and comprises an entrance hall, an open-plan kitchen and sitting room, two well-proportioned bedrooms including a master en-suite, and a main bathroom.

Features

Excellent investment property Located in a well-maintained and modern development Spacious 2-bedroom duplex apartment The property is being sold with tenant in-situ.

BER Details

BER: G

Description

Accommodation

The apartment is laid out over two levels and comprises an entrance hall, an open-plan kitchen and sitting room, two well-proportioned bedrooms including a master en-suite, and a main bathroom.

Features

Excellent investment property Located in a well-maintained and modern development Spacious 2-bedroom duplex apartment The property is being sold with tenant in-situ.

BER Details

BER: G