
1 Railway Lough, Belturbet, Co. CavanH14PH57
€75,000
1 Bed~1 Bath~BER D1
What you'll like:
- Low entry price: With an asking price of just seventy-five thousand euros, this property requires minimal capital outlay, making it an accessible entry point for first-time buyers or budget-conscious investors looking to expand their portfolio.
- Immediate rental income: The apartment is currently subject to a tenancy generating six thousand euros per annum, allowing a new owner to collect cash flow from day one without waiting to find a tenant.
- Convenient town location: Situated within walking distance of local amenities in Belturbet town centre, residents will enjoy easy access to shops, pubs, and essential services without relying heavily on a car.
- Private own-door access: Featuring its own ground floor entrance rather than a shared internal corridor, the layout enhances privacy and gives occupants a more independent, house-like living experience.
- Manageable single-bedroom layout: The compact one-bedroom footprint keeps utility bills and ongoing furnishing costs low, appealing strongly to single occupants or couples seeking simplicity.
- Ground floor convenience: Being located on the ground floor eliminates the need to climb stairs, which is an attractive feature for tenants with limited mobility or those who simply prefer effortless access.
- Established rental demand: Compact apartments in regional hub towns like Belturbet often attract steady demand from single working professionals or individuals seeking affordable standalone housing options.
- Stable asking price history: Price tracking shows the asking price has remained stable at seventy-five thousand euros with no erratic fluctuations, suggesting a motivated vendor with realistic market expectations.
- Manageable square footage: Extending to approximately fifty square meters, the property offers an efficient use of space that is easy to heat, clean, and maintain over the long term.
- Decent rental yield potential: Earning six thousand euros annually on a seventy-five thousand euro purchase price translates to a gross yield of eight percent, which compares favorably against broader national averages.
- Simplified property management: A smaller single-bedroom investment unit reduces the complexity of ongoing maintenance and minimizes large capital expenditures compared to larger multi-bedroom houses.
- Town centre revitalization: Proximity to the core of Belturbet places the property close to any future local authority regeneration initiatives aimed at improving commercial activity and residential appeal.
- Low stamp duty exposure: Due to the modest purchase price, any applicable stamp duty or transaction taxes will be relatively minor, helping to keep total acquisition costs tightly controlled.
- Potential for value addition: Cosmetic upgrades to the interior could potentially allow a landlord to increase the passing rent over time, aligning yields closer to prevailing local market rates.
- Compact building footprint: Being part of a building arranged over ground and two upper floors suggests a manageable communal structure where routine maintenance responsibilities might be shared via a management company.
- Straightforward financing profile: Lower-value properties can sometimes be easier to budget for, although buyers should verify lender requirements regarding minimum loan amounts and apartment size thresholds.
- Readily leasable asset: One-bedroom apartments typically represent the most affordable rental bracket in any given town, ensuring a deep pool of prospective tenants if the current occupant ever vacates.
- Independent utility control: Having own-door access often correlates with more straightforward utility metering and billing, reducing administrative friction for both landlords and tenants.
- Proximity to regional attractions: Belturbet is situated along the River Erne system, offering scenic amenities, angling, and boating appeal that can enhance the general desirability of the immediate location.
- Minimal land upkeep: As an apartment within a multi-unit building, there are no private lawns or extensive gardens to maintain, shifting exterior groundskeeping duties away from the individual owner.
But keep in mind:
- Unverified interior condition: Because the auctioneer did not internally inspect or measure the property, buyers must rely entirely on vendor representations and should budget for potential hidden repair costs.
- Subpar energy rating: The property carries a D1 BER rating, indicating poor thermal efficiency that will likely result in higher heating bills and may require future insulation upgrades to meet modern standards.
- Existing tenancy encumbrance: Buying a property subject to an existing tenancy means the new owner inherits the current tenant's terms, making it harder to secure vacant possession quickly if desired.
- Unaltered asking price stagnation: The asking price has remained completely static since initial tracking began, which could indicate a lack of immediate competitive tension or a vendor unwilling to negotiate flexibly.
- Low absolute rent review risk: The current rent of six thousand euros per annum may be below current market value, but landlords must navigate strict rent pressure zone regulations or legislative notice periods to implement increases.
- Unconfirmed floor area accuracy: The quoted size of approximately fifty square meters is based on vendor information rather than an independent architectural survey, meaning actual usable space could differ.
- Lack of parking details: The listing description omits any mention of designated parking spaces, so buyers must verify whether vehicles can be safely accommodated near the building.
- Potential management company fees: Being part of a multi-storey building implies there may be an active owners' management company levying annual service charges that could eat into net rental yields.
- Opaque structural integrity: Without a comprehensive engineer's report, buyers take on unseen risks regarding the condition of the roof, common stairwells, foundations, and external cladding of the wider building.
- Limited tenant amenity space: Ground-floor apartments without private gardens or balconies can sometimes struggle to retain long-term tenants who prefer outdoor recreational space.
- Financing restrictions for small units: Some mortgage lenders impose minimum square footage or loan amount rules, which could complicate financing for an apartment of this size and price point.
- Unknown leasehold or freehold status: The listing does not clarify whether the property is sold on a freehold basis or via a long leasehold, a crucial legal distinction that must be verified by a solicitor.
- Local economic reliance: Belturbet is a smaller regional town, meaning local employment opportunities and rental demand are heavily tied to regional economic shifts rather than major metropolitan drivers.
- Potential deferred maintenance: Older buildings arranged over multiple floors can accumulate significant deferred maintenance liabilities across common areas, leading to unexpected special levies for owners.
- Unverified compliance with fire safety: Buyers must investigate whether the apartment building fully complies with current fire safety regulations, particularly regarding compartmentalization between upper and lower floors.
- Absence of white goods disclosure: It is unclear whether the listed kitchen appliances and furnishings belong to the landlord or the tenant, which impacts inventory planning upon completion.
- Risk of difficult tenant disputes: Purchasing with a tenant in situ carries inherent risks if there are underlying arrears or lease disputes that were not disclosed in the marketing materials.
- Limited resale liquidity: Lower-priced regional investment properties can sometimes take longer to sell when exiting the market compared to high-demand properties in major urban centers.
- Potential damp and ventilation issues: Ground-floor apartments in older developments can sometimes be prone to rising damp or condensation if adequate ventilation and heating systems are not actively maintained.
- Lack of professional verification: Because marketing agents did not conduct an internal viewing, buyers are flying blind regarding structural cosmetic defects, plumbing functionality, and electrical safety.
Price positioning
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- The asking price appears undervalued relative to local market norms, largely because it is positioned below figures achieved by similar units within the same development over recent periods, suggesting an attractive entry point for prospective buyers.
- Under-valuation signals stem from the modest €75,000 tag combined with an existing tenancy generating annual rental income, which yields an immediate gross return that heavily outperforms typical deposit interest rates and regional averages.
- Factors that could undermine such a price include potential hidden maintenance liabilities within the apartment building or a suboptimal D1 energy rating requiring capital expenditure, whereas sustained rental demand strongly supports the valuation.
- Additional relevance is found in the recorded asking-price history remaining static at €75,000 since tracking began, reflecting a straightforward online auction strategy designed to generate competitive bidding interest from investors seeking yield.
Build Analysis
What we know from similar construction types
- The property is a ground floor one-bedroom apartment with its own door access, extending to approximately 50 sq. m (538 sq. ft) and located within a building arranged over ground and two upper floors.
- The listing notes the property is subject to an existing tenancy generating €6,000 per annum, meaning a buyer should investigate the terms of the tenancy agreement, tenant rights, and compliance with residential tenancies legislation.
- As the interior was not inspected or measured by the selling agents, a buyer should verify the exact floor area, layout, and internal condition, as well as the structural and fire safety compliance of the multi-unit building.
- Management company arrangements, annual service charges, and sinking fund contributions should be thoroughly investigated given the apartment building setup.
Retrofit Cost*
Possible renovating / insulating expenditure
- The property holds a D1 BER rating, indicating that energy efficiency falls into the D to G bracket where a deep retrofit may be beneficial.
- A deep retrofit to bring a small apartment of approximately 50 sq. m to a higher energy rating typically involves upgrading insulation, windows, heating systems, and ventilation.
- Estimated costs for a comprehensive retrofit on an apartment of this size generally range from €15,000 to €25,000, depending on the current fabric condition, heating type, and the extent of works permitted under the building's management structure.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: 900 euro to 1,200 euro.
- Explanation: Based on the D1 BER rating and an estimated floor area of approximately 50 sq. m, energy consumption for heating will likely be moderate to high, though the apartment's compact size helps limit overall costs.
Pollution Safe
9/10Environmental situation to investigate
Flood Safe
8/10Water overflow reports to follow up
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
24 RAILWAY LOUGH, BELTURBET, CAVAN
- Sale date
- Declared sale price
- €105,000.00
20 RAILWAY LOUGH, BELTURBET, CO. CAVAN
- Sale date
- Declared sale price
- €100,000.00
9 RAILWAY LOUGH, BELTURBET, CAVAN
- Sale date
- Declared sale price
- €85,000.00
21 RAILWAY LOUGH, BELTURBET, CAVAN
- Sale date
- Declared sale price
- €65,000.00
16 RAILWAY LOUGH, BELTURBET, CAVAN
- Sale date
- Declared sale price
- €70,000.00
Recent sales in the wider Belturbet area
LISNAMAINE HOUSE, LISNAMAINE, BELTURBET
- Sale date
- Declared sale price
- €265,000.00
KILLYCAR, MILLTOWN, BELTURBET
- Sale date
- Declared sale price
- €377,500.00
3 CORNADARRAGH FOREST PK, BELTURBET, CO CAVAN
- Sale date
- Declared sale price
- €177,500.00
11 BELERNE, BELTURBET, CAVAN
- Sale date
- Declared sale price
- €205,000.00
MULLAGHMEEN, MILLTOWN, BELTURBET
- Sale date
- Declared sale price
- €25,000.00
Source: Property Services Regulatory Authority (PSRA), Residential Property Price Register (PPR). Matching uses address information published by the PPR rather than measured map distance. It may omit nearby properties on differently named streets.
Last Sale
A confidently matched previous PPR transaction for this property
No confidently matched previous sale was found in the Property Price Register.
Buyer fees*
Associated expenses guide
- Estimated stamp duty: €750 — 1% of €75,000.
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Based on the asking price shown on this page, using standard residential stamp-duty rates. No adjustments are made for VAT, reliefs, mixed-use property or additional land. The final purchase price and your circumstances may change the amount payable.
- Solicitor legal fees: approximately 1,500 euro to 3,000 euro plus VAT.
- Land registration fees: approximately 400 euro to 800 euro depending on the property value.
- Property valuation fees: approximately 150 euro to 250 euro.
- Surveyor fees: approximately 300 euro to 600 euro for a standard apartment inspection.
- Annual home insurance: approximately 300 euro to 500 euro.
Forum Talk
What people are saying about this area
- Locals in Belturbet frequently discuss local amenities and community life around the town centre on regional community pages.
- Discussions often highlight the scenic appeal of the River Erne and surrounding Lough areas, which are popular for angling and recreation.
- Residents note that Belturbet offers a quiet lifestyle with good access to local convenience shops and services within walking distance.
- Infrastructure updates and community-led tidy town initiatives are commonly referenced in local forums.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children2/10
This ground floor apartment offers only one bedroom and approximately 50 square metres of living space, making it entirely unsuitable for families with young children.
- Teenagers1/10
With a single bedroom and very limited square footage, the property does not have the necessary space or privacy to accommodate teenagers.
- Multi-generational Living1/10
The compact one-bedroom layout lacks the multi-room configuration and scale needed for multi-generational living arrangements.
- Single Buyers8/10
As a one-bedroom ground-floor apartment within walking distance of Belturbet town centre, the property offers an affordable option for single buyers, though prospective purchasers should verify the current tenancy status and lease terms.
- Couples6/10
While the apartment is affordable at an asking price of 75,000 euros, its single-bedroom configuration is quite compact for two people long-term.
- Empty Nesters6/10
The single-level ground-floor layout appeals to those looking to downsize, but the one-bedroom size may feel restrictive.
- Retirees7/10
Own-door ground-floor access is advantageous for retirees wanting to avoid stairs and live near town amenities, though the property's suitability depends on the continuation or management of its existing tenancy.
Work
3 areas- Remote Working5/10
While the single-bedroom layout requires balancing living and workspace, buyers should verify local broadband speeds to support remote work.
- Hybrid Commuting3/10
Belturbet is located further inland in Co. Cavan, making regular commutes to major employment hubs like Dublin challenging.
- Retired8/10
The ground-floor configuration and proximity to town amenities align well with retirement living, subject to tenancy arrangements.
Practical
8 areas- Ageing in Place7/10
Ground floor access eliminates stairs, though modifications might be needed for long-term accessibility depending on specific needs.
- Low Maintenance8/10
The apartment's estimated 50 sq. m floor area naturally implies lower cleaning and upkeep requirements compared to a larger house.
- Secure Gated Entry4/10
The listing details do not explicitly confirm secure gated entry, so buyers should verify building security features.
- Minimalist Design8/10
The one-bedroom footprint inherently requires a minimalist approach to furniture and possessions.
- Flexible Floor Plans3/10
With a compact 50 sq. m layout, the floor plan offers minimal flexibility for altering room configurations.
- Heritage Home3/10
The property is part of a standard multi-storey building rather than a designated historical heritage home.
- Ecological Setup4/10
The property carries a D1 BER energy rating, indicating that energy efficiency improvements could be considered by the buyer.
- Outdoor areas2/10
Private outdoor garden or patio areas are not mentioned in the listing data and appear largely absent.
Interests
9 areas- Gardening2/10
As a ground-floor apartment within a multi-storey building block, private outdoor gardening space appears very limited or non-existent.
- Walking8/10
The property's location within walking distance of Belturbet town centre provides convenient access for daily walks and local errands.
- Gym4/10
Local fitness facilities in smaller towns like Belturbet can be limited; buyers should verify nearby gym options.
- Cycling6/10
The surrounding regional roads offer cycling routes, though riders should check for dedicated infrastructure.
- Golf5/10
Proximity to regional golf courses should be verified independently, as specific club access varies across Co. Cavan.
- Fishing8/10
Belturbet is well-known for its proximity to the River Erne and local loughs, making it a strong location for fishing enthusiasts.
- Horse Riding5/10
Equestrian facilities exist within the broader county, but buyers should investigate local riding stables.
- Water Sports7/10
Proximity to local loughs and the River Erne supports water-based activities such as boating and angling.
- Entertaining3/10
The compact 50 square metre floor area and single bedroom provide very restricted space for hosting guests.
Lifestyle
5 areas- Quiet Living7/10
Located in Belturbet, Co. Cavan, the area generally offers a peaceful pace of life, though buyers should verify local ambient noise levels near the building.
- Rural Living6/10
Belturbet provides a balance of town amenities and surrounding countryside, though this specific property is situated within a residential building setting rather than a purely rural spot.
- Village Living8/10
The apartment is positioned within walking distance of amenities in Belturbet town centre, making it ideal for those seeking a community-focused village lifestyle.
- Coastal Living1/10
Co. Cavan is an inland county with no direct coastal access, so coastal living is not applicable here.
- Urban Living4/10
Belturbet functions as a small town rather than an urban center, offering limited high-density city amenities.
Social
6 areas- Community Involvement7/10
Small town settings like Belturbet typically offer active local community groups and social networks.
- Café Culture6/10
Town centre living provides access to local cafes and social spots, though options are scaled to a smaller town.
- Nightlife4/10
Nightlife in Belturbet is generally limited to local traditional pubs rather than extensive club venues.
- Health/Wellness groups5/10
Basic community wellness classes may be available locally, but buyers should check for specific groups offering pilates & stretching.
- Networking Opportunities3/10
Professional networking opportunities are sparse locally, given the town's rural and small-scale commercial nature.
- Tech-Hub Connectivity2/10
The area lacks formal urban tech-hub facilities, though home internet connectivity should be verified by the buyer.
Listing information
- Agent
- BidX1 Ireland Ltd
- Phone
- 01 6673388
- Current status
- active
- Published on HouseDelve
- 11 October 2026
- Correction
- Report an issue
HD-FDB387HouseDelve · Republic of IrelandReport checks
Sources used: Public marketplace, Property Price Register, and grounded web research where available.
Automated quality checks: Passed
* Estimate — not advice. Actual costs and outcomes can vary materially. Obtain current quotations and professional advice before making financial or property decisions.