The address:81 Longmeadow, Islandbridge, Dublin 8.

The agent:Savills HOK.

The property:a 38sq m (410sq ft) one-bedroom apartment at €310,000.

The landscape:on Conyngham Road close to the entrance to the Phoenix Park, Longmeadow is in a good Dublin 8 location. Built about 10 years ago there are around 91 apartments in the scheme.

The city centre is within striking distance and there is easy access to the M50. Number 81 is to the rear of the development and has views over the River Liffey.

The features:the apartment comes to the market in good nick. There are wooden floors throughout and the main living area has a great floor-to-ceiling window with river views. A patio door leads to a large balcony. A smart modern kitchen has integrated appliances.

The bedroom has wooden floors and a large window and fitted wardrobe. The apartment has a storage room and a hot press in the entrance hallway. One secure car-parking space comes with the apartment. Annual service charges are €1,500.

How much for an investor to buy?At Bank of Ireland's investment mortgage rate of 5.4 per cent APR two years fixed, the monthly repayment will start out at €1,684 over 25 years, based on the maximum loan of 90 per cent of the mortgage price or €279,000.

On an interest-only basis, the repayments will be €1,148 over 25 years, which is based on Bank of Ireland's investment tracker at a maximum loan of 80 per cent of the asking price, or €263,550 (interest-only for seven years).

How much for a residential buyer?An owner-occupier opting for a 92 per cent loan would pay €1,705 a month over 25 years, based on Bank of Ireland's two-year fixed rate.

Potential:the rental market is very strong and rent in the region of €950 to €1,000 should be achieved by this property, according to the selling agent.

Verdict:just off the quays and in striking distance of Dublin city centre, Islandbridge is a great rental location. The car-parking space should make it even more rentable.

Calculations by Bank of Ireland