Connaughton Auctioneers Kildare



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For Sale

For Sale

Guide Price: 650,000

St John's House, St Johns Lane, Athy, Co. Kildare, R14A392


For Sale by Public Tender
28th of November 2024
(Unless Previously Sold)

St John's House, Edmund Rice Square, Athy, Co. Kildare

Prime town-centre investment/Development opportunity

Unique opportunity to purchase a spacious period property currently divided into nine apartments and a development site with full planning permission for 3 townhouses and two apartments.

For sale with vacant possession
Site area c. 0.1225 ha (0.30 acres)

The proposed new development is for the construction of 3 townhouses and 2 apartments within 2 new separate blocks. (Planning Reference KE 20/70)

Block A when complete will comprise of 3no. 2-bedrooms, two storey townhouses each measuring approx. 70 sq mtrs.

Block B when complete will comprise of 2no. 1-bedroom apartments divided over 2 floors each measuring approx.
52 sq mtrs.

Planning has also been granted for 6 extra car parking spaces.

Previous planning permission was granted on this site in 2005 for 11 retail units and 18 apartments (Planning Reference 05-300018). This shows the real potential of this site.

Also included is a detached three bay, three storey Mid-Georgian house. This house was granted planning permission in 1995 to redevelop into nine apartments (Planning Reference TP/38/95)

This conversion to self-contained apartments was completed shortly thereafter.

Apartments comprise of:
8no. 1-Bedroom apartments
1no. 2-Bedroom apartment.

The main entrance from St. Johns House comprises of timber gates with cast iron grills hanging on stone pillars. There are two further gates giving access on the western side of the property.

This property was fully occupied until October 2024 and at the time was achieving a yearly income of €71,000 p.a. As the rent hasn't been increased in recent years, the true rental potential is closer to €75,000 p.a.

Requiring some modernisation, this property offers huge potential to retain as apartments or to convert back to a luxury house with many fine unique features in a prominent location

As well, as offering huge potential, this site benefits from its excellent location. There are a variety of amenities in the immediate area including supermarkets, restaurants, retail shops, bars and banks.

Parking in the immediate area is also excellent.

This property is zoned 'Town-Centre' under the Athy Local Area development plan 2021-2027 (Map Identification purposes only)

Further details available upon request from Connaughton Auctioneers.

Accommodation
Apartment 2

Kitchen/Living Room
Bedroom
Bathroom
BER: G
BER NO: 113447536
KW/H:602.29
Floor Area: 37.42 sqm

Apartment 3

Kitchen
Living Room
Bedroom
Bathroom
BER: G
BER NO: 113447577
KW/H:674.46
Floor Area: 42.53 sqm

Apartment 4

Kitchen
Living Room
Bedroom
Bathroom
BER: G
BER NO: 113447601
KW/H:566.37
Floor Area: 37.48 sqm

Apartment 5

Kitchen/Living Room
Bedroom
Bathroom
BER: F
BER NO: 113447627
KW/H:398.47
Floor Area: 33.64 sqm

Apartment 6

Kitchen
Living Room
Bedroom
Bathroom
BER: E2
BER NO: 113448146
KW/H:363.67
Floor Area: 54.49 sqm

Apartment 7

Kitchen/Living Room
Bedroom
Bathroom
BER: G
BER NO: 113448427
KW/H: 699.88
Floor Area: 47.62 sqm

Apartment 8

Kitchen/Living Room
Bedroom
Bathroom
BER: G
BER NO: 113448641
KW/H: 588.1
Floor Area: 28.04 sqm

Apartment 9

Kitchen/Living Room
Bedroom
Bathroom
BER: G
BER NO: 113450118
KW/H: 504.6
Floor Area: 37.70 sqm

Apartment 10

Kitchen/Living Room
Bedroom 1
Bedroom 2
Bathroom
BER: G
BER NO: 113450456
KW/H: 466.36
Floor Area: 71.25 sqm

Features
Mains water and sewerage
Electric Heating
Fitted metal fire escape
Gated entrance with mechanical arm
Tarmacademed driveway
Monitored fire alarm

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Contact Connaughton Auctioneers Kildare on +353 59 86 32815