The Address:79 Upper Rathmines Road, Rathmines, Dublin 6.

Agent: Gunne.

Property: four-bedroom end-of-terrace house priced €795,000.

Landscape: at the corner of Rathmines Road and Upper Rathmines Road, the house is in a convenient Dublin 6 location making it an ideal rental property. Rathmines is on the doorstep, and Rathgar and Ranelagh villages are within walking distance. The city centre is a 20-minute walk; Beechwood Luas stop a five-minute walk.

Features: this 132sq m (1,420sq ft) house has two reception rooms and a kitchen. Upstairs there are four bedrooms and a main bathroom. Original features include timber floors and fireplaces. There is a side entrance to the rear garden. The decor is dated and owner-occupiers or investors are likely to spend a bit of money updating the interior.

How much for an investor?An investor could borrow €715,500, or 90 per cent of purchase price. This would work out at €4,078 per month over 25 years and €2,832 per month on an interest-only basis. These figures are based on a one-year fixed rate of 4.75 per cent with Bank of Scotland.

How much for an owner-occupier?A first-time buyer could get a 100 per cent mortgage at a tracker rate of 4.75 per cent with Ulster Bank over 35 years. This would mean repayments of €3,887 per month. This is also available as a one-year fixed rate through Bank of Scotland. Alternatively a 92 per cent mortgage of €731,400 with Bank of Scotland at a 4.75 per cent one-year fixed rate would cost €3,576 per month over 35 years. These rates are also available for terms up to 40 years on the basis that you're not over 70 at the end of the term.

Potential: the rent per month for this property would be €2,300.

Verdict:a rent of €2,300 per month would represent a yield of around 3.4 per cent, which is just about reasonable on more expensive properties in today's market. The location in Rathmines is excellent and is always going to be in demand.

Calculations by Simply Mortgages

- Fiona Tyrrell