Address:28 Earlsfield Terrace, Francis Street, Dublin 8.

Agent:Wyse.

Property:one-bedroom second floor apartment with an asking price of €335,000.

Landscape:located towards the Deans Street end of Francis Street, number 28 is in a small development with an enviable position. The area has a great mix of antique shops and art galleries, and is a short hop to the city centre.

Features:this 48sq m (517sq ft) apartment comes to the market in walk-in condition and has a bedroom with built-in wardrobes, solid maple floors and a feature fireplace in the livingroom. The apartment comes with secure car-parking and maintenance fees are €1,200 a year.

How much for an investor?An investor could borrow 90 per cent on a two-year fixed rate of 4.75 per cent with Permanent TSB which would cost €1,716 per month. The figure on an interest-only mortgage would be €1,193 per month. Stamp duty for an investor on this property would be 6 per cent, which equates to €20,100.

How much for a residential buyer?A 92 per cent €308,200 mortgage would cost €1,353 a month over 40 years on a one-year fixed rate with First Active. If a buyer is looking at a 100 per cent mortgage, it would work out as €1,638 a month on a two-year fixed rate of 4.75 per cent with Permanent TSB. People seem to be keen on fixing at the moment with all the rate uncertainty and the better tracker rates are only available where there is substantial equity, often 50 per cent. A first-time buyer would pay €10,050 in stamp duty on this property.

Potential:number 28 should fetch a rent of around €1,100 a month, according to the letting agent.

Verdict:at a rent of €1,100 this property would earn a yield of 3.7 per cent, which in today's market is reasonable, but there are better yields to be had. This is a good rental area and the car-parking space with it should help matters.

Calculations by Simply Mortgages