The address: 51 Music Hall, Cow's Lane, Temple Bar, Dublin 2.

The property:two-bedroom third floor apartment for €245,000. It has 58sq m (624sq ft) of space, two double bedrooms, bathroom and open-plan livingroom and kitchen. There is a large resident's roof garden, gas-fired central heating and a fitted kitchen. The annual service charge is €1,800.

The agent: Owen Reilly.

The landscape: in a quiet lane in the quieter west end of Temple Bar with its interesting mix of shops, cafes and restaurants. O'Connell Bridge and Grafton Street are less than a 10-minute walk, Dublin Castle almost across the road and Christchurch a stone's throw. Great mix of retail and leisure facilities close at hand.

How much for an owner-occupier?A first-time buyers could get a maximum mortgage of 92 per cent, or €225,400, with AIB. To qualify, a single buyer would need a salary of around €50,000 or two individuals require salaries of around €30,000 each. At a one-year fixed rate of 3.59 per cent (APR 3.33 per cent), monthly repayments on this mortgage would be €1,316 over 20 years and €1,138 over 25 years. At a variable rate of 3.49 per cent (APR 3.54 per cent) monthly repayments are €1,305 over 20 years and €1,127 over 25 years.

How much for an investor?An investor could get a 75 per cent mortgage, or €183,750. Stamp duty is €8,400, leaving an investor requiring equity of at least €69,650. At AIB's buy-to-let variable rate of 4.2 per cent (APR 4.27 per cent), monthly repayments on are €1,132 over 20 years and €989 over 25 years.

Potential?The apartment would rent for around €1,200 a month.

Verdict: suits investors and owner-occupiers but ideal for a live-in owner renting a room.

Calculations by AIB