The address:20 The Old Distillery, Beresford Street, Dublin 7.

The agent:Savills HOK.

The property:two-bed apartment for €380,000.

The landscape:the Old Distillery was built in the late 1990s and comprises around 120 apartments. The Luas at the Four Courts is just down the road and the city centre and quays are a short stroll away.

The features:the 60sq m (650sq ft) apartment is in good condition. Accommodation includes an entrance hall, livingroom, small kitchen and two double bedrooms with built-in wardrobes.

How much for an investor?Stamp duty on €380,000 will be €17,850 for investors making the total acquisition €397,850. An investor could raise €342,000 which represents 90 per cent of the purchase price. On a full-payment basis this would work out as €1,997 per month over 25 years and €1,422 per month on an interest-only basis. These figures are based on a variable rate of 4.99 per cent with Haven Mortgages (EBS).

How much for an owner-occupier?A first-time buyer could go for a 95 per cent mortgage of €361,000 at a rate of 4.74 per cent one-year fixed rate with First Active. Over 35 years this would mean a repayment of €1,761 per month. Most lenders have now ceased the 100 per cent product for all but a few occupations. There are one or two conditions attached to getting the 95 per cent mortgage but nothing that should be prohibitive to most people.

Potential:the two-bed should get around €1,600 to €1,700 a month in rent, according to the selling agent. Maintenance fees are €2,000 per year.

Verdict:A rent of €1,600 per month would represent a yield of around 4.8 per cent and rent of €1,700 a yield of 5 per cent.

Calculations by Simply Mortgages

There were a number of errors in last week's figures.