The address: 38 Allendale Square, Clonsilla, Dublin 15.

The agent: Sherry FitzGerald Lewis Beirne.

The property: two-bedroom 65sq m (700sq ft) apartment for€325,000.

The look: two-storey apartment block in style of large house built five years ago.

The landscape: located just off the the New Ongar Road and close to Clonsilla train station.

The features: the first floor apartment has an open-plan living/dining/kitchen with balcony, two bedrooms and a family bathroom.

How much for an investor? The repayments on a 85 per cent loan at an interest rate of 3.85 per cent (APR 3.91 per cent) over 25 years would be €1,434 per month. With an interest-only loan at the same rate, the repayments would be €886.

How much for an owner-occupier to buy? Over 35 years, at AIB's discounted tracker rate of 3.35 per cent (3.86 per cent) the repayments on this mortgage would be €1,313 per month for the first year for young professionals borrowing 100 per cent of the property price. At 92 per cent of the property price, at AIB's discounted tracker rate of 3.35 per cent (APR 3.86 per cent), the repayments over 35 years would be €1,208 per month for the first year. Repayments at the standard variable rate of 4 per cent (APR 4.071 per cent) would be €1,322 per month.

Potential: a two-bed apartment in this popular development would fetch a rent of €1,000-¤1,200 per month, according to the agent.

Verdict: in a good rental location close to Blanchardstown shopping centre, Blanchardstown hospital and the various industrial estates in the area. However, the rental return would fall short of the repayment on an 85 per cent investor mortgage.

Calculations by AIB