The address:44 Glasnevin Downs, Dublin 11.

The agent:Douglas Newman Good.

The property:a 93sq m (1,000sq ft) three-bed semi with an asking price of €490,000.

The landscape:located off Griffith Avenue and close to the old Finglas Road, the 50-odd unit development of Glasnevin Downs was built about 15 years ago.

The features:number 44 comes to the market in excellent condition. It has been recently renovated and has an attractive décor. There is solid beech flooring throughout the main living areas. A new kitchen features cherrywood Shaker-style units and an adjoining dining area. The livingroom has a contemporary granite fireplace and in-built bookshelves.

Upstairs there is a new family bathroom, two double bedrooms (one en suite) and a single bedroom. The rear garden is laid out in lawn and decking, and the front drive has room for one car.

How much for an investor?At Bank of Ireland's investment mortgage rate of 4.89 per cent (APR 5.4 per cent), the monthly repayments will start out at €2,879 over 25 years, based on the maximum loan of 90 per cent of the asking price, or €441,000. On an interest-only basis, the maximum loan will be 85 per cent of the price, or €416,500, giving a monthly repayment of €1,814 over 25 years. The mortgage is interest-only for seven years.

How much for a residential buyer?A first-time buyer opting for a 92 per cent loan would pay €2,601 a month over 25 years, based on Bank of Ireland's two-year fixed mortgage. The rate of 4.89 per cent (APR 5.3 per cent) will keep to the ECB rate plus 1.25 per cent after two years. On a 25-year tracker mortgage at 4.7 per cent the monthly repayments would be €2,552.

Potential:the rental market in this area is very strong and this house would get around €1,600 in rent a month, according to the selling agent.

Verdict:Glasnevin Downs is in striking distance of Dublin City University, St Patrick's College, the airport and the M50, making it a good rental property.

Calculations by Bank of Ireland