Apartments @ Nelson Street Athy Co.Kildare

bakubaku1

Hi Guys , looking at purchasing 2 bed apartment with Hap tenant in situ anyone know that surrounding myself and wife not from Athy and after reading some of the comment from few years ego about properties near this canal wondering if better off looking elsewhere. Have anyone purchased there recently and can advise ?

has anyone lives there currently and can share comment about managment company and general conditions around this property please

Comment back from 2019

Very similar to your scenario, a two bed apartment in a modern attractive block, very scenic unique location over looking a waterway, in the heart of a busy small town with a healthy rental market.

Very similar asking price. HAP tenant €500 pcm/ 6k pa also

EA talked up the low price to my friend as being due a sitting HAP tenant, ruling out mortgaged purchasers.

Real reasons:

• an adjacent waterway seeps into the lower floor.
• due to regular equipment failure (normally vandalism) on that waterway the whole surrounding area can flood up two 2 feet if not caught in time. I can remember this happening 3 times in recent years.
• The adjacent estate has seen shotgun drivebys, slash hook fights and the like
• Fires are often lit against the buildings graffiti-ed wall on the public walkway to the rear. sometimes the fires have been in the semi underground carpark below the apartments.
• Regular appearances of Dutch gold and similar cans to the rear that in fairness the council clean up, but not always obvious to a prospective buyer
• 250 meters away mostly out of sight of the apartment block is an old asbestos producing factory, now making other cement products parked beside which are around 3/4 very shiny caravans at any one time.

TLDR Sometimes the reason a property is cheap is obscured. Dig deeper than the obvious.

bakubaku1

Thank you in Advance for any comments